Nearby occupiers include NatWest, Toni & Guy, Nationwide, W H Smith, Boots and Pizza Express
Six Week Completion Period Available
Lot 7
Auction 10th July 2012
Rent £97,500 per Annum Exclusive
Status Sold Post
Price
Sector Bank
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On behalf of Peter Welborn and Elaine Tooke – Joint LPA Receivers
Property Information
Location
Miles
7 miles south of Farnborough, 10 miles west of Guildford, 40 miles south-west of Central London
Roads
A325, A287, A31, A3, M3
Rail
Farnham Rail (55 minutes direct to London Waterloo)
Air
Heathrow Airport, Gatwick Airport
Situation
The property is situated on the south side of the main retailing thoroughfare, The Borough, opposite the junction with Castle Street. Nearby occupiers include NatWest, Toni & Guy, Nationwide, W H Smith, Boots and Pizza Express.
Tenure
Freehold.
Location
Miles
7 miles south of Farnborough, 10 miles west of Guildford, 40 miles south-west of Central London
Roads
A325, A287, A31, A3, M3
Rail
Farnham Rail (55 minutes direct to London Waterloo)
Air
Heathrow Airport, Gatwick Airport
Situation
The property is situated on the south side of the main retailing thoroughfare, The Borough, opposite the junction with Castle Street. Nearby occupiers include NatWest, Toni & Guy, Nationwide, W H Smith, Boots and Pizza Express.
Tenure
Freehold.
Description
The property is an attractive Grade II Listed building comprising a ground floor banking hall with ancillary accommodation on the first floor. There is office accommodation to the rear.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is an attractive Grade II Listed building comprising a ground floor banking hall with ancillary accommodation on the first floor. There is office accommodation to the rear.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Basement Ground First
Ancillary Banking Hall Ancillary
86.20 sq m 214.60 sq m 131.30 sq m
(928 sq ft) (2,310 sq ft) (1,413 sq ft)
HSBC PLC (1)
15 years from 05/07/2006 on a full repairing and insuring lease (2)
£97,500
02/08/2016
Totals
432.10 sq m
(4,651 sq ft)
£97,500
(1) For the year ending 31st December 2011, HSBC Bank plc reported a pre-tax profit of £3,111,000,000 and a net worth of £20,095,000,000. (Source: www.riskdisk.com 31/05/2012) (2)The lease is subject to a schedule of condition.