• To be sold by clicktopurchase® best offers by 1pm 1st April 2019

• VAT Free investment

• Let Lloyds Bank Plc – Turnover in excess of £17.35 Billion

• Lloyds have been in occupation since 1923

• Prominent city centre position

• Affluent and popular Cambridgeshire city

• Substantial building with 10 space car park at the rear

• Offers in excess of £730,000, subject to contract

• Capital value of 95.11 per sq ft / £1023.83 per sq m on the GIA floor areas

The property is located in a highly prominent corner position where High Street, Lynn Road, St Mary’s Street and Minster Place meet. The property is approximately 50 metres from Ely’s most popular attraction, Ely Cathedral. As a result the property benefits from a high level of footfall and passing traffic.

National operators nearby include The White Stuff, Boots, Superdrug, Specsavers, Tui Travel, Carphone Warehouse, Costa Coffee, Café Nero, Prezzo, Wildwood and Vodafone. The area also provides an eclectic mix of independent operators. Other high street banks in close proximity include Barclays Bank, Santander, HSBC, Nationwide and Natwest.

There are a wide range of boutique hotels and B&Bs nearby with the property being located opposite the Lamb Inn and The Kings Arms.

The property comprises an attractive 3 storey corner building with good natural light throughout and is arranged over basement, ground and 2 upper floors.

The banking hall is arranged over ground floor with ancillary accommodation at basement level. The upper floors provide office and ancillary accommodation. The property benefits from independent access to the upper floors.

The property provides entry and exit points from the front, side and rear of the building and benefits from a private 10 space gated car park at the rear. There are ATMs on the exterior as well as within the property.

The property is not listed and sits within the Ely Conservation Area

Freehold.

Lloyds Bank Plc (Company No. 00002065) has reported the following figures:

Lloyds Bank was founded in 1765 and is one of the leading British retail and commercial banks with over 1,100 branches across England and Wales. The bank is the principal subsidiary to Lloyds Banking Group which is a publicly quoted company with 30 million customers and 75,000 employees. One third of all lending on UK new-build properties is funded by Lloyds. For further information visit www.lloydsbankinggroup.com.

The property has not been registered for VAT and therefore VAT is not applicable.

1. The investment provides highly secure income - let to Lloyds Bank PLC;

2. Lloyds have been in occupation since 1923;

3. VAT free investment;

4. Located in an affluent Cambridgeshire city;

5. Prominent city centre location in close proximity to Ely Cathedral;

6. The property may lend itself to future alternative use, subject to planning;

7. Attractive net initial yield;

8. Attractive lot size to an investor.

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