Includes 1,677.75 sq m (18,059 sq ft) of lettable modern office accomodation
Part of an established Technology and Business Park comprising approximately 46,452 sq m (500,000 sq ft) of offices
Extensive on-site car parking
Six week completion
Lot 22
Auction 22nd May 2014
Rent £85,000 per Annum Exclusive
Status Sold
Price £625,000
Sector Office
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
18 miles south of Stoke-on-Trent, 34 miles north of Birmingham, 143 miles north-west of London
Roads
M6 (Juntion 14), A518, A449
Rail
Stafford Railway Station
Air
Birmingham international Airport (44 miles)
Situation
The property is located on the western part of the Staffordshire Technology Park near the Dyson Way roundabout. The Staffordshire University Campus lies to the east of the technology park.
Tenure
Long Leasehold. Held for a term of 125 years from 27th February 2004.
Location
Miles
18 miles south of Stoke-on-Trent, 34 miles north of Birmingham, 143 miles north-west of London
Roads
M6 (Juntion 14), A518, A449
Rail
Stafford Railway Station
Air
Birmingham international Airport (44 miles)
Situation
The property is located on the western part of the Staffordshire Technology Park near the Dyson Way roundabout. The Staffordshire University Campus lies to the east of the technology park.
Tenure
Long Leasehold. Held for a term of 125 years from 27th February 2004.
Description
Nelson Court comprises a modern specification business park office development, developed around 2006. It comprises three buildings including a prominent 6 storey tower. The properties are of steel frame construction with full height glazing and aluminium roof cladding. The two curved buildings, Temeraire and Neptune House have a central core with lift and stairs to the upper two floors. The Victory Point tower is arranged on ground and five upper floors with lift and stairs access in the central core. There is extensive car parking around the properties.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
Nelson Court comprises a modern specification business park office development, developed around 2006. It comprises three buildings including a prominent 6 storey tower. The properties are of steel frame construction with full height glazing and aluminium roof cladding. The two curved buildings, Temeraire and Neptune House have a central core with lift and stairs to the upper two floors. The Victory Point tower is arranged on ground and five upper floors with lift and stairs access in the central core. There is extensive car parking around the properties.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Building
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Victory Point
Office
946.88 sq m
(10,192 sq ft)
ENTERPRISE MANAGED SERVICES LTD (1)
6 years from 07/11/2011
£85,000
07/11/2014, 07/11/2015 and 07/11/2016
Temeraire House
Office
838.92 sq m
(9,030 sq ft)
VACANT
Neptune House
Office
838.83 sq m
(9,029 sq ft)
VACANT
Totals
2,624.63 sq m
(28,251 sq ft)
£85,000
(1) Enterprise Managed Services Ltd as part of Enterprise plc has now been integrated into Amey plc. Amey works with public and regulated sector clients behind roads, railways, schools, waste disposal, airports and utilities. (Source: www.amey.co.uk 25/04/2014). For the year ending 17th December 2013, Amey plc reported pre-tax profits of £68,088,000 and a total net worth of £ 215,975,000 (Source: www.riskdisk.com 25/04/14).
Contacts
Seller's Solicitors
Clarke Willmott Solicitors 138 Edmund Street Birmingham B3 2ES
