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The property is arranged over ground, first, and second floors to provide a ground floor bank branch branch together with two storeys of independently accessed offices overhead.
The entire property (2) is was initially let to Bradford & Bingley PLC which was subsequently acquired by Santander in 2008 (3) for a term of 15 years from 24th June 2004 at a current rent of £41,000 per annum exclusive of rates and VAT. The lease provides for upwards only rent reviews every five years and full repairing and insuring covenants.
Freehold.
Floor | Sq. m | Sq. ft |
Ground | 159.69 sq. m | (1,718 sq. ft) |
First | 159.69 sq. m | (1,718 sq. ft) |
Second | 159.69 sq. m | (1,718 sq. ft) |
Total | 479.07 sq. m | (5,156 sq. ft) |
NB: The property was not measured by BidX1.
D76
Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.