6 Week completion
Occupying a prominent position at the junction with Stanley Street nearby such multiples as NatWest, William Hill, HSBC and a Post Office, plus a host of established local traders.
Holyhead is the principal commercial centre of the Isle of Anglesey providing regular ferry services to Ireland, with good road access via the A5 and the A55 North Wales Coastal Expressway, some 24 miles west of Bangor.
An attractive double fronted terraced building comprising a Ground Floor Bank with separate front access to 2 Self-Contained Flats on the first and second floors. In addition, there is a Rear Yard.
Ground Floor Bank
Gross Frontage 41'4"
Internal Width 38'0" narrowing to 26'6"
Bank Depth 43'11"
Built Depth 83'6"
Banking Hall/Store Area Approx. 2,290 sq ft
Ladies & Gents WCs
First Floor Flat (not inspected)
Believed to be 3 Bedrooms, Living Room, Kitchen, Bath/WC
Second Floor Flat
3 Bedrooms, Living Room, Kitchen, Bath/WC
(GIA Approx. 1,070 sq ft)
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to Lloyds Bank Plc (having approx. 1,300 branches) (T/O for Y/E 31/12/2015 £31.03bn, Pre-Tax Profit £1.372bn and Shareholders' Funds £46.96bn) for a term of 10 years from 11th May 2012 (in occupation over 20 years) at a current rent of £14,200 per annum exclusive.
Rent Review May 2017
Note: The lessee did not operate their 2017 break clause.