Entirely let to Instant Cash Loans Limited t/a The Money Shop
Pedestrianised town centre location opposite McDonald’s and next to Edinburgh Woollen Mill
In same ownership for about 20 years
Lot 88
Auction 19th October 2017
Rent £30,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
36 miles south of Manchester, 42 miles north of Birmingham
Roads
A34, A50, A53, M6
Rail
Stoke-on-Trent Railway Station
Air
Manchester Airport
Situation
The property is situated on the northern side of pedestrianised High Street, the town's principal retail thoroughfare. The Roebuck Shopping Centre is located less than 100 metres away, housing retailers including Boots the Chemist, Iceland, Argos and Clarks. Other nearby occupiers include Edinburgh Woollen Mill, Superdrug, WH Smith, McDonald’s and Poundland.
Tenure
Freehold.
Location
Miles
36 miles south of Manchester, 42 miles north of Birmingham
Roads
A34, A50, A53, M6
Rail
Stoke-on-Trent Railway Station
Air
Manchester Airport
Situation
The property is situated on the northern side of pedestrianised High Street, the town's principal retail thoroughfare. The Roebuck Shopping Centre is located less than 100 metres away, housing retailers including Boots the Chemist, Iceland, Argos and Clarks. Other nearby occupiers include Edinburgh Woollen Mill, Superdrug, WH Smith, McDonald’s and Poundland.
Tenure
Freehold.
Description
The property comprises a ground floor shop, with ancillary accommodation on the first and second floors that is currently voided and not accessible.
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 a ground floor shop, with ancillary accommodation on the first and second floors that is currently voided and not accessible.
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
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground First/Second
Retail/Ancillary Disused
85.10 sq m –
(916 sq ft) (–)
INSTANT CASH LOANS LIMITED (1) t/a The Money Shop
10 years from and including 23/10/2009 on a full repairing and insuring lease
£30,000
Total
85.10 sq m
(916 sq ft)
£30,000
(1) The Money Shop trade from several hundred shops throughout the UK providing loans, pawnbroking, gold to cash, travel money, retail jewellery and cheque cashing. For the year ending 30th June 2016, Instant Cash Loans Limited reported a turnover of £112,676,000 (Source: Experian Group 07/09/2017).
