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    Key features

    • To be offered on Tuesday 29 October
    • Grade II Listed Bank Investment
    • Let to Lloyds Bank on a lease expiring 2026
    • Tenant in occupation for 50+ years
    • Arranged over 7,483 sq ft
    • VAT not applicable
    • Investment let at £56,500 p.a. (14.12% GIY on Guide Price)

    Description

    • Grade II Listed bank arranged on basement, ground, first, second and third floors to provide, a ground floor banking hall with modern partitioned offices to provide 'back office' operation at the rear of the property.
    • The basement provides a secure area with further offices at first floor.
    • The second and third floors provide storage accommodation and maybe able to be self-contained.
    • All floors are linked via a staircase, accessed seperately off High Street.

    Additional information

    Tenure

    Freehold

    Accommodation

    Basement - 91.7 sq m (987 sq ft)

    Ground Floor - 227.42 sq m (2,448 sq ft)

    First Floor - 181.2 sq m (1,950 sq ft)

    Second Floor - 120 sq m (1,291 sq ft)

    Third Floor - 75 sq m (807 sq ft)

    Total - 695.32 sq m (7,483 sq ft)

    Tenancy

    Let to Lloyds Bank plc on an effectively full repairing and insuring (FRI) lease for a term of 5 years from December 2021 at £56,500 per annum.


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    Lloyds Bank Plc for the year ended December 2023 reported

    D&B Rating - 5A 1

    Turnover: £31,062,000,000

    Pre-Tax Profit: £7,056,000,000

    Shareholders Funds: £40,373,000,000

    (Source: Incans.com 10/10/2024)

    Rent

    £56,500 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      • Doncaster is one of the major commercial centres for South Yorkshire and is a prosperous market town
      • Doncaster is situated 32 miles south-east of Leeds and 22 miles north-east of Sheffield
      • The property is situated on the south side of pedestrianised High Street, close to the junction with Baxtergate
      • Nearby occupiers include - Santander and BetFred (both adjacent), NatWest, Barclays and HSBC amongst many others
      Transport
      • Road - Close to the intersection of the A1(M) and M18 motorways. The A1(M) provides easy access to the M62 and to Leeds and Manchester
      • Rail - Doncaster Railway station provides direct services to Leeds

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums