Barclays Bank 4 Cairo Street Warrington Cheshire WA1 1XG

Barclays Bank
4 Cairo Street
Warrington
Cheshire
WA1 1XG

Freehold Bank Investment

Entirely let to Barclays Bank plc for a term of 40 years expiring 2024
Town Centre location at the corner of pedestrianised Sankey Street and the entrance to Golden Square Shopping Centre
Nearby occupiers include Marks & Spencer, NatWest, Specsavers and Poundland
The tenant also occupies the adjacent property
Six Week Completion

Lot
44
Auction
11th July 2013
Rent
£30,000 per Annum Exclusive
Status
Withdrawn Prior
Price
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On Behalf of Co-operative Estates

Important Update Interested?

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Freehold Bank Investment

Entirely let to Barclays Bank plc for a term of 40 years expiring 2024
Town Centre location at the corner of pedestrianised Sankey Street and the entrance to Golden Square Shopping Centre
Nearby occupiers include Marks & Spencer, NatWest, Specsavers and Poundland
The tenant also occupies the adjacent property
Six Week Completion

Lot 44
Auction 11th July 2013
Rent £30,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector
Bank
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On Behalf of Co-operative Estates

Property Information

Location

Miles: 17 miles west of Manchester, 18 miles east of Liverpool
Roads: M6 (Junction 21), M56 (Junction 10), M62 (Junction 9)
Rail: Warrington Central
Air: Manchester International Airport

Situation

The property is situated on the eastern side of Cairo Street close to its junction with Sankey Street, Warringtons’ principal retail thoroughfare. The property benefits from being situated opposite the entrance to the Golden Square Shopping Centre and from nearby occupiers including Marks & Spencer, NatWest, Specsavers and Poundland.

Tenure

Freehold.

Location

Miles: 17 miles west of Manchester, 18 miles east of Liverpool
Roads: M6 (Junction 21), M56 (Junction 10), M62 (Junction 9)
Rail: Warrington Central
Air: Manchester International Airport

Situation

Tenure

Freehold.

Description

The property comprises an attractive period building which interconnects with the adjacent property also occupied by the tenant. The ground floor comprises a banking hall and office area with ancillary office accommodation on first and second floors.

VAT

VAT is applicable to this lot.

Viewings

There will only be one viewing date. Interested parties must
register their details with the Auctioneers and provide identification
on site.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

Viewings

There will only be one viewing date. Interested parties must
register their details with the Auctioneers and provide identification
on site.

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 Second	Retail/Ancillary Office Office	119.10 sq m 126.25 sq m 116.50 sq m	(1,282 sq ft) (1,359 sq ft) (1,254 sq ft)	BARCLAYS BANK PLC (1)	40 years from 25/12/1984 until 2024 on a full repairing and insuring lease	£30,000	25/12/2014 25/12/2019
Totals		361.85 sq m	(3,895 sq ft)			£30,000

(1) For the year ending 31st December 2012, Barclays Bank plc reported a pre-tax profit of £99,000,000 and a net worth of £52,063,000,000. (Source: www.riskdisk.com 10/06/2013)