Forms part of the Roebuck Shopping Centre, adjacent to the main entrance
Neighbouring occupiers include Lloyds Bank, RBS, Clarks, Santander, Holland & Barrett, Boots the Chemist, Iceland and McDonald's
Lot 45
Auction 12th February 2020
Rent £25,250 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
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 south side of the pedestrianised High Street, in a prominent position at its junction with Ironmarket. Neighbouring occupiers include Lloyds Bank, RBS, Clarks, Santander, Holland & Barrett, Boots the Chemist, Iceland and McDonald's.
Tenure
Virtual Freehold. Held for a term of 999 years from completion of sale at a peppercorn rent
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 south side of the pedestrianised High Street, in a prominent position at its junction with Ironmarket. Neighbouring occupiers include Lloyds Bank, RBS, Clarks, Santander, Holland & Barrett, Boots the Chemist, Iceland and McDonald's.
Tenure
Virtual Freehold. Held for a term of 999 years from completion of sale at a peppercorn rent
Description
The property comprises ground floor retail accommodation with first floor ancillary accommodation. The property backs onto the major Roebuck Shopping Centre and benefits from shared services.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
See legal pack at acuitus.co.uk
Description
The property comprises ground floor retail accommodation with first floor ancillary accommodation. The property backs onto the major Roebuck Shopping Centre and benefits from shared services.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
See legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Retail Ancillary
93.80 sq m 124,29 sq m
(1,009 sq ft) (1,337 sq ft)
SPORTSWIFT LIMITED (1) t/a Card Factory
5 years from 21/10/2018 (2) on a full repairing and insuring lease
£25,250
(20/10/2023)
Total
218.00 sq m
(2,346 sq ft)
£25,250
(1) For the year ending 31st January 2019, Sportswift Limited reported a turnover of £417,167,000, pre-tax profits of £66,206,000 and a total net worth of £24,056,000 (Source: Experian Group 17/01/2020). (2) The lease provides for a tenant option to determine on 21/10/2021 with 6 months' written notice.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
