70 Carlton Street and 2/4 Bank Street Castleford,West Yorkshire WF10 1HX
BANK STREET
BARCLAYS BANK
Location Estimated Resident Population: 37,000 Miles: 12 miles south-east of Leeds 23 miles south-west of Yorkshire
Roads: A1, A656, M1, M62
Position The property is located on the north side of Carlton Street, the town’s principal retailing thoroughfare, at its junction with Bank Street in the heart of Castleford town centre.
Nearby: Marks & Spencer, Wilkinson, Superdrug and branches of HSBC and Lloyds TSB banks.
Description BANK arranged on the basement, ground and part first floors with SELF-CONTAINED OFFICE/FORMER SALON arranged on the part first and second floors.
Tenure Freehold.
VAT is not applicable to this lot.
Note This property is being marketed on behalf of Joint Fixed Charge Receivers excluding any title guarantees, warranties or indemnities. The information in these particulars has been provided by the Joint Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Viewings Please note that the tenant will require a minimum of 48 hours’ notice to view the property. Please email sarah.butterworth@cbre.com with your name, email and telephone number as well as ID documentation.
20 years FRI (2) from 4th May 2006 with a rent review in December 2015 and a tenant only break option in 2021
176.97 sq m (1,905 sq ft) FULL VACANT POSSESSION ON COMPLETION
220.63 sq m (2,375 sq ft) FULL VACANT POSSESSION ON COMPLETION
Total Commercial Area 733.44 sq m(7,895 sq ft) – – Total Rent Rent £ £41,000
Licence No. PU1000017316 from Experian Goad, Hatfield Herts. For identification purposes only – please see title documentation.
Extract reproduced from 1998 Edition of the Goad Plan
Rent £41,000 pa
ON THE INSTRUCTIONS OF T PERKIN AND T WEBB OF CBRE ACTING AS JOINT FIXED CHARGE RECEIVERS
Freehold Bank Investment with Vacant Upper Parts
• Part let to Barclays Bank plc until May 2026 (subject to option)
– – £41,000
(1) Barclays Bank plc, for the year to 12/10, reported pre-tax profits of £6.07 billion and a net worth of £53.9 billion. (Source: One Source One-Stop Report) (2) The lease is subject to a schedule of condition – please see legal documentation.
The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor Shakespeares. t: 0845 620 9572. e: vicki.simpson@shakespeares.co.uk Ref: Ms V Simpson.
• Uppers offered with Full Vacant Possession on Completion
• Potential conversion of upper parts to residential (subject to consents)
• VAT- free investment and 30Working Day Completion available