92/93 Westborough Scarborough North Yorkshire YO11 1LD

92/93 Westborough
Scarborough
North Yorkshire
YO11 1LD

Freehold Town Centre Retail Investment

Entirely let to Halifax Plc until 2021
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Withdrawn Post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
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Town Centre Retail Investment

Entirely let to Halifax Plc until 2021
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Status Withdrawn Post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

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	(2,219 sq ft) Not Measured (1,909 sq ft) (1,159 sq ft) (927 sq ft)	HALIFAX LIMITED (1)	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)