39 High Street, Haverhill, SFK

The property comprises a three-storey, Georgian building, of brick/block construction, arranged on basement, ground and two upper floors to provide a large ground floor banking hall with basement storage and ancillary accommodation at first and second floor level. The property benefits from secure parking to the rear.
The property is situated in the town centre on the eastern side of the High Street, being opposite various multiple retailers. In addition there is a public car park to the rear of the property.

Sale Notes:
The available space comprises a Freehold Bank Investment offering a net initial yield of 5.2%.
The entire property is at present let to Barclays Bank Plc for a term of 20 years from 15 May 2006 at a current rent of £53,500 p.a., exclusive of rates. The lease provides for a rent review on 31 December 2012 and every fifth years thereafter and contains full repairing and insuring covenants, subject to a schedule of condition. The tenant has an option to determine the lease at the end of the 10th and 15th years.