Let to Goldenhill Vets4Pets Limited with guarantee from Companion Care Services) Limited
15 year lease from 28th August 2015 (no breaks)
Fixed rental increase in 2020
Newly refurbished veterinary surgery
Lease includes flat on first floor
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 76
Auction 23rd March 2016
Rent £28,000 per Annum Exclusive
Status Sold
Price £418,000
Sector Medical Centre/Doctors, Healthcare
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
6 miles north of Stoke-on-Trent, 41 miles south of Manchester, 50 miles north of Birmingham
Roads
A50, A5271, M6
Air
Manchester Airport
Situation
The property occupies a prominent position on the western side of High Street (A50), close to its junction with Colclough Lane. The A50 connects to Stoke-on-Trent town centre via the A52. Nearby occupiers include McDonald’s, Mace and a number of independent retailers.
Tenure
Freehold.
Location
Miles
6 miles north of Stoke-on-Trent, 41 miles south of Manchester, 50 miles north of Birmingham
Roads
A50, A5271, M6
Air
Manchester Airport
Situation
The property occupies a prominent position on the western side of High Street (A50), close to its junction with Colclough Lane. The A50 connects to Stoke-on-Trent town centre via the A52. Nearby occupiers include McDonald’s, Mace and a number of independent retailers.
Tenure
Freehold.
Description
The property comprises a newly refurbished ground floor veterinary surgery with a basement (which is not currently used) and a self-contained residential flat on the first floor. The property benefits from car parking to the front for approximately eight cars.
Six week completion.
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 newly refurbished ground floor veterinary surgery with a basement (which is not currently used) and a self-contained residential flat on the first floor. The property benefits from car parking to the front for approximately eight cars.
Six week completion.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground Basement First
Veterinary Surgery (Disused) Two Bedroom Flat
202.05 sq m – –
(2,175 sq ft) (–) (–)
GOLDENHILL VETS4PETS LIMITED (guaranteed by Companion Care (Services) Limited) (1)
15 years from 28/08/2015 until 27/08/2030 on a full repairing and insuring lease
£28,000 rising to £30,800 in 2020
28/08/2025
Total Commercial Area
202.05 sq m
(2,175 sq ft)
£28,000
(1) Vets4Pets was founded in 2001 and now trades from over 265 premises throughout the UK (www.vets4pets.com). For the year ending 26th March 2015, Companion Care (Services) Limited reported a turnover of £22,638,000, pre-tax profits of £9,775,000 and a total net worth of £20,874,000. (Source: www.riskdisk.com 21/12/2015)
