66 High Street Biddulph Staffordshire ST8 6AS

66 High Street
Biddulph
Staffordshire
ST8 6AS

Freehold Retail Investment

  • On behalf of The co-operative Entirely let until 2035 (subject to option)
  • Low initial rent
  • First review (14th April 2015) to Open Market and annual RPI uplifts thereafter (capped between 2%-4%) ?
  • Lot
    29
  • Auction
    27th May 2010
  • Rent
    £35,000 per Annum
  • Status
    Sold
  • Price
    £500,000
  • Sector
    Supermarket
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    Mayfair
    London W1K 2HP
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Retail Investment

  • On behalf of The co-operative Entirely let until 2035 (subject to option)
  • Low initial rent
  • First review (14th April 2015) to Open Market and annual RPI uplifts thereafter (capped between 2%-4%) ?
  • Lot 29
  • Auction 27th May 2010
  • Rent
  • Status Sold
  • Price £500,000
  • Sector
    Supermarket
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    Mayfair
    London W1K 2HP

Property Information

Location
Miles
?4 miles south of Congleton
7 miles north of Stoke
35 miles south of Manchester
Roads
A527, A50, A34, M6
Rail
Congleton Rail, Kidsgrove Rail
Air
Manchester International Airport, Birmingham International Airport
Situation

The property is situated in the centre of Biddulph adjacent to a pay-and-display car park.

Tenure

Freehold.

Location
Miles
?4 miles south of Congleton
7 miles north of Stoke
35 miles south of Manchester
Roads
A527, A50, A34, M6
Rail
Congleton Rail, Kidsgrove Rail
Air
Manchester International Airport, Birmingham International Airport
Situation

The property is situated in the centre of Biddulph adjacent to a pay-and-display car park.

Tenure

Freehold.

Description

The property comprises GROUND FLOOR RETAIL ACCOMMODATION with ANCILLARY ACCOMMODATION on the first floor. The property incorporates a Post Office on the ground floor. There is a LARGE SERVICE AREA to the rear. VATVAT is applicable on this lot.

EPC

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

Description

The property comprises GROUND FLOOR RETAIL ACCOMMODATION with ANCILLARY ACCOMMODATION on the first floor. The property incorporates a Post Office on the ground floor. There is a LARGE SERVICE AREA to the rear. VATVAT is applicable on 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

First

Retail
Storage
Storage

853.4 sq m
202.1 sq m
141.6 sq m

(9,186 sq ft)
(2,175 sq ft)
(1,524 sq ft)
RUSTON RETAIL LTD
(t/a NISA AT HALDANES)
25 years from 14/04/2010
until 2035 on a full repairing and insuring lease (1)

£35,000 (2) 2015 and annually thereafter (2)
Totals  

1,197.1 sq m

(12,885 sq ft)
       

(1) The lease provides for a tenant's option to determine the lease on the fifth anniversary of the term on giving at least six months' written notice. (2) On the first review date (14th April 2015) the rent will be reviewed to Open Market Rent. All subsequent annual reviews will be to RPI (capped between 2%-4%).

Property Documents

  • Location
    Updated Date
    02.05.10
    File Size
    76 KB
    View PDF
  • OS Plan
    Updated Date
    02.05.10
    File Size
    36 KB
    View PDF
  • Lot 29
    Updated Date
    02.05.10
    File Size
    246 KB
    View PDF
  • Special Conditions
    Updated Date
    14.05.10
    File Size
    722 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
Peter CunliffePeter Cunliffe +44 (0)20 7034 4850peter.cunliffe@acuitus.co.uk

Useful Links

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

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now