2 & 2a Brook Square Rugeley Staffordshire WS15 2DR

2 & 2a Brook Square
Rugeley
Staffordshire
WS15 2DR

Freehold Retail Investment

  • Let to Boots Opticians Professional Services Limited and British Heart Foundation
  • Approximately 3,720 sq ft
  • Nearby Occupiers include Boots the Chemist, New Look, WHSmith, Costa Coffee and Peacocks
  • Excellent town centre location close to Market Hall Car Park
  • Asset Management Opportunities
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    59
  • Auction
    8th December 2016
  • Rent
    £45,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £390,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • Let to Boots Opticians Professional Services Limited and British Heart Foundation
  • Approximately 3,720 sq ft
  • Nearby Occupiers include Boots the Chemist, New Look, WHSmith, Costa Coffee and Peacocks
  • Excellent town centre location close to Market Hall Car Park
  • Asset Management Opportunities
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 59
  • Auction 8th December 2016
  • Rent
  • Status Sold
  • Price £390,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
9 miles south-east of Stafford, 25 miles north of Birmingham
Roads
A51, A460
Rail
Rugeley Trent Valley Railway Stati
Situation

The property is located on the south-west corner of the pedestrianised Brook Square which connects with Lower Brook Street, Upper Brook Street and Brewery Street, in the heart of
Rugeley town centre. Market Hall car park is located close by which provides approximately 58 car parking spaces. Nearby occupiers include Boots the Chemist, New Look, WHSmith, Costa Coffee,
Greggs, Nationwide, Peacocks and Savers with Iceland and Morrisons also occupying within the town.

Tenure

Freehold.

Location
Miles
9 miles south-east of Stafford, 25 miles north of Birmingham
Roads
A51, A460
Rail
Rugeley Trent Valley Railway Stati
Situation

The property is located on the south-west corner of the pedestrianised Brook Square which connects with Lower Brook Street, Upper Brook Street and Brewery Street, in the heart of
Rugeley town centre. Market Hall car park is located close by which provides approximately 58 car parking spaces. Nearby occupiers include Boots the Chemist, New Look, WHSmith, Costa Coffee,
Greggs, Nationwide, Peacocks and Savers with Iceland and Morrisons also occupying within the town.

Tenure

Freehold.

Description

The property comprises two shops arranged on the ground, first and second floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two shops arranged on the ground, first and second floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
2 Ground
First
Retail/Ancillary
Ancillary
85.75 sq m
74.51 sq m
(923 sq ft)
(802 sq ft)
BOOTS OPTICIANS
PROFESSIONAL SERVICES LIMITED (1)
10 years from
25/03/2007
£25,500 24/03/2017
2A Ground
First
Second
Retail/Ancillary
Ancillary
Ancillary
76.46 sq m
36.33 sq m
72.37 sq m
(823 sq ft)
(391 sq ft)
(779 sq ft)
BRITISH HEART
FOUNDATION (2)
15 years from
30/05/2003
£20,000 29/05/2018
Totals    
345.42 sq m
(3,720 sq ft)
    £45,500  

(1) For the year ending 31st August 2015, Boots Opticians Professional Services Limited reported a turnover of £391,067,000, a pre-tax profit of £39,176,000 and a total net worth of £82,691,000 (Source: Experian Group 01/11/2016).
(2) British Heart Foundation currently operate 735 shops across the UK, generating £29.1 million in profit by collecting, sorting and selling around 66,000 tons of goods over the last year. Around 60 million people visited their shops last year resulting in around 19 million sales (Source: www.bhf.org.uk 01/11/2016).

Property Documents

  • Catalogue Page
    Updated Date
    16.11.16
    File Size
    689 KB
    View PDF
  • Site Plan
    Updated Date
    16.11.16
    File Size
    66 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Thursfields Solicitors 5 The Courtyard, Warwick Road
Solihull
West Midlands
B91 3DA
Mike Brien 0121 647 5261mbrien@thursfields.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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