A busy bank in Newport’s town square on the Isle of Wight is up for sale.
The Lloyds Bank building, at 22 St Thomas’s Square, is on the market through agents Chesters Harcourt with a guide price of £450,000.
The property, which comprises two period buildings occupied as one, is in a prominent position in one of Newport’s most historic locations.
The building is not listed, and is offered freehold, subject to the lease to Lloyds Bank plc.
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The lease is for a term expiring in December 2027, at a rent of £37,500 pa without review.
Further lease details are available on application.
The building has a B energy rating, valid until January 2034, and comprises around 8,008 sqft of area.
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