Highly prominent, substantial shop – approximately 676.20 sq m (7,279 sq ft)
Prominent corner location (with rear servicing) on pedestrianised High Street
Nearby occupiers include McDonald’s, WHSmith, Superdrug, and Poundland
First time on the market for nearly 20 years
Lot 3
Auction 4th April 2019
Rent £50,000 per Annum Exclusive
Status Sold
Price £418,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
3 miles west of Stoke-on-Trent
44 miles north of Birmingham city centre
Roads
A34, A53, M6 (J15)
Rail
Stoke-on-Trent Train Station
Air
Manchester Airport
Situation
The property is situated on the western side of the pedestrianised High Street, the town’s primary retailing thoroughfare, in a prominent corner position at its junction with Friars Street. The Roebuck Shopping Centre is located less than 100 metres away, housing retailers including Boots the Chemist, Iceland and Clarks. Other nearby occupiers include McDonald’s, WHSmith, Clintons, Superdrug, and Poundland, with the town’s market also being held on High Street.
Tenure
Freehold.
Location
Miles
3 miles west of Stoke-on-Trent
44 miles north of Birmingham city centre
Roads
A34, A53, M6 (J15)
Rail
Stoke-on-Trent Train Station
Air
Manchester Airport
Situation
The property is situated on the western side of the pedestrianised High Street, the town’s primary retailing thoroughfare, in a prominent corner position at its junction with Friars Street. The Roebuck Shopping Centre is located less than 100 metres away, housing retailers including Boots the Chemist, Iceland and Clarks. Other nearby occupiers include McDonald’s, WHSmith, Clintons, Superdrug, and Poundland, with the town’s market also being held on High Street.
Tenure
Freehold.
Description
The property comprises a three storey building with a substantial ground floor shop and basement and first floor ancillary accommodation. The property benefits from servicing to the rear.
VAT
VAT is applicable to this lot.
EPC
Band D
Description
The property comprises a three storey building with a substantial ground floor shop and basement and first floor ancillary accommodation. The property benefits from servicing to the rear.
VAT
VAT is applicable to this lot.
EPC
Band D
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground Basement First
Retail/Ancillary Ancillary Ancillary
302.70 sq m 256.10 sq m 117.40 sq m
(3,258 sq ft) (2,757 sq ft) (1,264 sq ft)
DOUGLAS MACMILLAN HOSPICE (1)
10 years from and including 12/03/2012 until 11/03/2022 on a full repairing and insuring lease (2)
£50,000
Total
676.20 sq m
(7,279 sq ft)
£50,000
(1) The first Douglas Macmillan shop was opened in December 1994 and they now operate from 20 shops spread across North Staffordshire. (2) The lease is subject to a schedule of condition in respect of the internal part of the first floor.
