Let to Lloyds Bank on a recent 10 year lease at a rebased rent
Prominent corner position in established retail parade
Nearby occupiers include Greggs, Boots the Chemist and Specsavers
Six Week Completion Available
Lot 5
Auction 6th December 2012
Rent £40,000 per Annum Exclusive
Status Sold Post
Price
Sector Bank
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
4 miles north-west of Liverpool city centre, 30 miles west of Manchester
Roads
A580, A5058, M57
Rail
Walton (Merseyside) direct to Liverpool Central in approx 10 minutes
Air
Liverpool John Lennon Airport, Manchester International Airport
Situation
The city of Liverpool is one of the major commercial and retail centres for the north-west. The property is prominently situated on The Broadway, the principle retail thoroughfare in Norris Green, a busy residential suburb. Nearby occupiers include Greggs, Boots the Chemist, Specsavers, Ethel Austin and Home Bargains. The
property adjoins a large public car park.
Tenure
Virtual Freehold.
Location
Miles
4 miles north-west of Liverpool city centre, 30 miles west of Manchester
Roads
A580, A5058, M57
Rail
Walton (Merseyside) direct to Liverpool Central in approx 10 minutes
Air
Liverpool John Lennon Airport, Manchester International Airport
Situation
The city of Liverpool is one of the major commercial and retail centres for the north-west. The property is prominently situated on The Broadway, the principle retail thoroughfare in Norris Green, a busy residential suburb. Nearby occupiers include Greggs, Boots the Chemist, Specsavers, Ethel Austin and Home Bargains. The
property adjoins a large public car park.
Tenure
Virtual Freehold.
Description
The property comprises a ground floor banking hall, with ancillary accommodation on the first floor. Ample parking can be found adjacent to the property in a public car park.
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 comprises a ground floor banking hall, with ancillary accommodation on the first floor. Ample parking can be found adjacent to the property in a public car park.
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
Ground First
Banking Hall Ancillary
200.94 sq m 60.84 sq m
(2,163 sq ft) (655 sq ft)
LLOYDS TSB BANK PLC (1)
10 years from 25/12/2011 on a full repairing and insuring lease
£40,000 (2)
25/12/2016
Totals
261.78 sq m
(2,818 sq ft)
£40,000
1) Lloyds TSB Bank operates from over 3,000 branches and have more than 25 million customers in the UK. Source: www.lloydsbankinggroup.com (09/11/2012) (2) The lease has been regeared from a previous 15 year lease at a previous rent of £46,000 per annum exclusive.
