Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Joint LPA Receivers
Property Information
Location
Miles
3 miles west of Stoke-on-Trent 42 miles south of Manchester 44 miles north of Birmingham
Roads
A525, A34, M6 (Junction 15 & 16)
Rail
Stoke-on-Trent Railway Station
Air
Manchester International Airport
Situation
The property is situated in a prominent corner position at the junction of Enderley Street and Liverpool Road in an established trade counter location which is 200 yards north of the town centre ring road, on the busy A34 dual carriageway. The property also benefits from excellent access to the M6 motorway (Junctions 15 and 16).
Tenure
Freehold.
Location
Miles
3 miles west of Stoke-on-Trent 42 miles south of Manchester 44 miles north of Birmingham
Roads
A525, A34, M6 (Junction 15 & 16)
Rail
Stoke-on-Trent Railway Station
Air
Manchester International Airport
Situation
The property is situated in a prominent corner position at the junction of Enderley Street and Liverpool Road in an established trade counter location which is 200 yards north of the town centre ring road, on the busy A34 dual carriageway. The property also benefits from excellent access to the M6 motorway (Junctions 15 and 16).
Tenure
Freehold.
Description
The property comprises a modern trade counter warehouse divided into two units, with car parking for approximately 65 cars. The property also benefits from a rear servicing yard and an approximate site area of 0.167 hectares (0.41 acres).
Note
Please note that this property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Asset Managed by Fairacre
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern trade counter warehouse divided into two units, with car parking for approximately 65 cars. The property also benefits from a rear servicing yard and an approximate site area of 0.167 hectares (0.41 acres).
Note
Please note that this property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Asset Managed by Fairacre
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reviews
Unit A (1)
Retail Warehouse/ Ancillary
739.78 sq m
(7,963 sq ft)
JEWSON LTD t/a Graham Plumbing Supplies (2)
10 years from 12/12/2014 (4)
£50,000
12/12/2019 and five yearly
Unit B
Retail Warehouse/ Ancillary
925.86 sq m
(9,966 sq ft)
H&H (RETAIL) LTD t/a Alan Ward Furniture (3)
10 years from 12/12/2014 (4)
£40,000
12/12/2019 and five yearly
Totals
1,665.64 sq m
(17,929 sq ft)
£90,000
(1) Part of Unit B is outside of the demise being offered for sale. Please refer to the legal pack for further information. (2)Graham Plumbers Merchant is a major supplier of plumbing, heating, bathroom materials and renewable solutions (Source: www.grahamplumbersmerchant.co.uk 12/01/2015) (3)Founded in 1970, Alan Ward is one of the largest independent furniture retailers in the UK. (Source: www.alanwardfurniture.co.uk 12/01/2015) (4)The leases provide an option to determine on the fifth anniversary of the term.
