Prominent position on prime pedestrianised retail thoroughfare
Located opposite Brunswick Shopping Centre
Nearby occupiers include Next, Santander, Specsavers, Boots and Superdrug
Six Week Completion Available
Lot 10
Auction 6th December 2012
Rent £104,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
40 miles north-east of York, 48 miles south-east of Middlesborough
Roads
A64, A170, A1/M1 (Junction 50)
Rail
Scarborough Rail Station
Air
Durham Tees Valley (44 miles)
Situation
The property is situated in a prominent town centre position on the north side of Westborough, Scarborough’s prime pedestrianised retailing thoroughfare. The property is located opposite Brunswick Shopping Centre with other nearby occupiers including Next, Santander, Specsavers, Boots and Superdrug.
Tenure
Freehold.
Location
Miles
40 miles north-east of York, 48 miles south-east of Middlesborough
Roads
A64, A170, A1/M1 (Junction 50)
Rail
Scarborough Rail Station
Air
Durham Tees Valley (44 miles)
Situation
The property is situated in a prominent town centre position on the north side of Westborough, Scarborough’s prime pedestrianised retailing thoroughfare. The property is located opposite Brunswick Shopping Centre with other nearby occupiers including Next, Santander, Specsavers, Boots and Superdrug.
Tenure
Freehold.
Description
The property comprises a ground floor banking hall with basement storage accommodation, first floor office accommodation and second and third floor ancillary/storage accommodation.
VAT
VAT is 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 basement storage accommodation, first floor office accommodation and second and third floor ancillary/storage accommodation.
VAT
VAT is 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
Review/(Reversion)
Ground Basement First Second Third
Banking Hall Storage Offices Ancillary/Storage Ancillary/Storage
205.53 sq m Not Measured 176.82 sq m 107.35 sq m 85.86 sq m
20 years from 03/09/2001 on a full repairing and insuring lease
£104,500
07/09/2016 (02/09/2021)
Totals
575.58 sq m
(6,214 sq ft)
£104,500
(1) Halifax is a division of Bank of Scotland plc. Bank of Scotland plc are part of Lloyds Banking Group which was renamed from Lloyds TSB Group plc following the acquisition of HBOS plc in 2009. Lloyds Banking Group serves some 30 million people. For the year ending 31st December 2011, Bank of Scotland Plc reported pre-tax profits of negative £3,871,000 and a total net worth of £19,609,000,000. (Source: www.riskdisk.com 05/11/2012)
