5/5a Huntbach Street
Hanley
Stoke-on-Trent
West Midlands
ST1 2HQ

High Yielding Freehold Retail and Office Investment

  • Part let to Co-operative Bank Plc
  • Town centre location
  • Nearby occupiers include Boots the Chemist, Primark, Marks & Spencer, JD Sports, Greggs, H Samuel and Ernest Jones
  • High yielding on Guide Price
  • VAT-free investment
  • Lot
    52
  • Auction
    24/Oct/2019
  • Rent
    £14,440 per Annum Exclusive
  • Status
    Sold
  • Price*
    £95,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important Auction & Property Update
  • 5/5a Huntbach Street<br>Hanley<br>Stoke-on-Trent<br>West Midlands<br>ST1 2HQ
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* More information on the term "price" can be found here

Property Information

Location
Miles
45 miles north of Birmingham
Roads
A50, A53, A500 (Queensway)
Rail
Stoke-on-Trent
Air
Manchester Airport
Situation

Hanley is the principal retailing centre for Stoke-on-Trent. The property is located on the north side of Huntbach Street, very close to the pedestrianised Upper Market Square and less than 50 metres from The Potteries Shopping Centre, with retailers including Primark, JD Sports, Ernest Jones and Vision Express. Other nearby occupiers include Boots the Chemist, Marks & Spencer, Greggs and H Samuel.

Tenure

Freehold.

Description

The property is a two storey building, arranged as a ground floor shop with office accommodation on the first floor.

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.x
GroundRetail
57.20 sq m
(616 sq ft)
A A MARAASHLI
with personal guarantor
t/a My Smart
3 years from
13/08/2018
£9,600
FirstOffice
55.00 sq m
(592 sq ft)
THE CO-OPERATIVE
BANK PLC (1)
10 years from
24/06/2014
£4,840
Total
112.20 sq m
(1,208 sq ft)
  £14,440

(1) For the year ending 31st December 2018, The Co-operative Bank Plc reported a pre-tax loss of £140,700,000, and a total net worth of £1,677,700,000 (Source: Experian Group 24/09/2019).

Property Documents

  • Catalogue Page
    Updated Date
    02.10.19
    File Size
    670 KB
    View PDF
  • Site Plan
    Updated Date
    02.10.19
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Associate Auctioneers
Louis Taylor Commercial Estate Office, 5 King Street
Stoke-on-Trent
Staffordshire
ST5 1EN
Graham Hulse 01782 260222g.hulse@louis-taylor.co.uk
Seller's Solicitors
Aaron & Partners LLP Lakeside House, Oxon Business Park
Shrewsbury
SY3 5HJ
UK
Trish Randles 01244 405425trish.randles@aaronandpartners.com

Useful Links

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