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Wednesday, January 22, 2014

HSBC bank building goes on market at £275,000

* The bank building in Bridge Street which is now on the market.

After local campaigners failed in their attempts to keep it open as a bank, the building currently occupied by the HSBC bank in Llangollen has now gone on the market for £275,000.

In the marketing material agents Legat Owen describe it as “an imposing, detached former HSBC Bank arranged on basement, ground, first and second floors.”

The description adds:  “The property has a host of original features and is Grade II listed.

“The property benefits from a self contained ground floor retail/A2/Office accommodation with separate access to the side to the basement and upper floor residential accommodation. To the rear of the property there is a sizeable garden, which overlooks the River Dee.”

The sales information goes on: “The property is available by way of  a new full repairing and insuring lease at a rent of £15,000 per annum or alternatively the freehold is available at £275,000.”

Legat Owen says that property’s rateable value is £9,500, rates payable (13/14) are £4,408 and that the residential element is within Council Tax Band A.

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