BBC Radio Stoke
42 Cheapside
Stoke-on-Trent
Staffordshire
ST1 1JJ

Freehold Office Investment

  • Entirely let to the British Broadcasting Corporation until 2026
  • Rent review in 2021
  • Includes 4 parking spaces
  • Nearby occupiers include Wilko, BrightHouse, Savers Health & Beauty, Ryman and B&M
  • Lot
    6
  • Auction
    23/May/2019
  • Rent
    £83,800 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    Office
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • BBC Radio Stoke<br>42 Cheapside<br>Stoke-on-Trent<br>Staffordshire<br>ST1 1JJ
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* More information on the term "price" can be found here

Property Information

Location
Miles
4 miles east of Newcastle-under-Lyme
35 miles south of Manchester
43 miles north of Birmingham
Roads
A50, A52, A53, A500, M6
Rail
Stoke-on-Trent Rail
Air
Birmingham International Airport
Situation

The property is prominently situated on the west side of Cheapside in a corner position at the junction with Pall Mall, close to the pedestrianised town centre. Nearby occupiers include Wilko, BrightHouse, Savers Health & Beauty, Ryman and B&M.

Tenure

Freehold.

Description

The property comprises basement, ground and first floor office accommodation which is currently used as a radio station. The property benefits from a passenger lift and parking for 4 cars.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview/
(Reversion)
Ground
First
Retail
Ancillary
335.46 sq m
343.26 sq m
329.51 sq m
(3,611 sq ft)
(3,695 sq ft)
(3,547 sq ft)
BRITISH
BROADCASTING
CORPORATION
(1)
25 years from 25/03/2001
on a full repairing and
insuring lease
£83,80025/03/2021
(24/03/2026)
Totals
1,008.23 sq m
(10,853 sq ft)
  £83,800 

(1) For the year ending 2017/2018, the BBC reported an income of £5.06 billion and net assets of £1.19bn
(Source: www.bbc.co.uk 29.04.2019).

Property Documents

  • Site Plan
    Updated Date
    01.05.19
    File Size
    4 MB
    View PDF
  • Catalogue Page
    Updated Date
    01.05.19
    File Size
    677 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.01.19
    File Size
    143 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Blackstone Solicitors The Courtyard , 7 Francis Grove, Wimbledon
London
London
SW19 4DW
Fraz Hussain 02080 719 520f.hussain@blackstonesolicitors.com

Useful Links

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