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Freehold Bank Investment Let to HSBC Bank Plc at 88 Town Street, Leeds, Horsforth, West Yorkshire, LS18 4AR

Offers in Excess of £535,000

Property Description

Key features

  • Let to HSBC Bank Plc in Prominent location
  • 3898 sq ft building with parking for 10 cars
  • Redevelopment opportunity should HSBC exercise break clause.
  • Newly branded as HSBC UK- see plans below

Full description

Tenure: Freehold

ADDRESS: 88 Town Street, Leeds, Horsforth, West Yorkshire, LS18 4AR
Let to HSBC Bank Plc in Prominent location
3898 sq ft building with parking for 10 cars
Redevelopment opportunity should HSBC exercise break
Newly branded as HSBC UK- see plans below
clause.
LOCATION
Leeds is the principal commercial, financial and administrative centre for the North of England and serves a population of some
725,000. The city enjoys excellent communications being at the junction of the M1 and M62 motorways, having regular rail
services (London King's Cross, 2 hours) and also benefiting from Leeds/Bradford Airport some 7 miles north of the city centre.
Horsforth, a suburb of the city of Leeds, is situated 4 miles north-west of the city centre, 5 miles north-east of Bradford, and is
located at the junction off the A65 and A6120.
SITUATION
The property is situated on Town Street, the principal area of the town, opposite the junction with Town Close.
Occupiers close by include Thomson, Leeds Building Society, Bradford & Bingley,Barclays and a number of local traders.
DESCRIPTION
The property is arranged on basement, ground and one upper floor to provide a ground floor banking hall with basement
storage/strong rooms together with office and staff ancillary accommodation on the first floor.
ACCOMMODATION
Gross Frontage 8.95 m (29' 4"),Shop and Built Depth 19.80 m (64' 11") 1950 sq ft
,Basement 77.5 sq m (834 sq ft), First Floor 103.5 sq m (1,114 sq ft) Total 3898 sq ft
TENANCY
The property is let to HSBC BANK PLC for a term of 15 years from 17 June 2008 at a rent of 26,500 per annum, exclusive of
rates. The lease provides for rent reviews every fifth year of the term and contains full repairing and insuring covenants, subject to a
schedule of condition. The lease contains a tenant's option to break at the tenth year. The lease contains an option for HSBC to take
a new lease for a further term of 15 years on the same terms but with a rent review on the second day of the term.
RENT: 26,500 p.a. TENURE: Freehold VAT IS: Not Applicable
PRICE: Offers in excess of 535,000 - 4.7% Net


More information from this agent

Nearest stations

  • Horsforth (0.7 mi)
  • Kirkstall Forge (1.3 mi)
  • Bramley (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

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Floorplans


To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Horsforth (0.7 mi)
  • Kirkstall Forge (1.3 mi)
  • Bramley (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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