37-41 Market Place
Uttoxeter
Staffordshire
ST14 8HF

Freehold Building Society Investment (Plus two vacant former flats)

  • Majority let to Nottingham Building Society
  • 10 year lease from March 2017 (subject to option)
  • Former flats offered with Vacant Possession
  • Asset Management Opportunities including refurbishment and letting former residential
  • Nearby retailers include Boots the Chemist, Greggs, WHSmith, Savers Health & Beauty and JD Wetherspoon
  • VAT-Free Investment
  • Lot
    15
  • Auction
    10/Dec/2020
  • Rent
    £27,250 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction
  • On Behalf of The Co-Operative Bank
Important Update
  • 37-41 Market Place<br>Uttoxeter<br>Staffordshire<br>ST14 8HF
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
14 miles north-east of Stafford
16 miles south-east of Stoke-on-Trent
Roads
A50, A518, M6
Rail
Uttoxeter
Air
East Midlands Airport
Situation

Uttoxeter is a market town in Staffordshire, approximately 14 miles north-east of Stafford and 16 miles south-east of Stoke-on-Trent. The property is located on the south-west side of Market Place, close to it's junction with Market Street and High Street. Nearby retailers include Boots the Chemist, Greggs, WHSmith, Savers Health and Beauty and JD Wetherspoon.

Tenure

Freehold.

Description

The property comprises a double-fronted three storey building arranged as a ground floor banking hall with office and ancillary accommodation on the part first and part second floors. The property also includes two former residential flats on the part first and part second floors, which benefit from separate access.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReview
Ground
Part First
Part Second
Banking Hall
Office/Ancillary
Office/Ancillary
155.92 sq m
15.04 sq m
15.43 sq m
(1,678 sq ft)
(162 sq ft)
(166 sq ft)
NOTTINGHAM
BUILDING
SOCIETY (1)
01/03/2017 until
28/02/2027 (2)
£27,25025/03/2022
Part First
Part Second
Former
Residential
Former
Residential
30.09 sq m
30.87 sq m
(324 sq ft)
(332 sq ft)
VACANT---
Total
247.35 sq m
(2,622 sq ft)
  £27,250 

(1) Nottingham Building Society operate from 56 branches across the UK (www.thenottingham.com).
(2) The lease provides a tenant option to determine on 01/03/2022.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    20.11.20
    File Size
    5 MB
    View PDF
  • Site Plan
    Updated Date
    20.11.20
    File Size
    4 MB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Eversheds Sutherland Eversheds Sutherland House, 70 Great Bridgewater Street
Manchester
M1 5ES
Jessica Dorsett 0161 831 8662jessicadorsett@eversheds-sutherland.com

Useful Links

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