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
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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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

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

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).