Former Go Outdoors Unit, New Hall Street Hanley Stoke on Trent Staffordshire ST1 5HQ

Former Go Outdoors Unit, New Hall Street
Hanley
Stoke on Trent
Staffordshire
ST1 5HQ

Freehold Retail Warehouse Opportunity

  • Substantial Retail Warehouse with Multi-Storey Undercroft Car parking for 487 Cars.
  • Prominent City Centre Location
  • Approximate Floor Area of 8,587.20 sq m (92,431sq ft) (1)
  • Approximate Site Area of 0.81 Hectares (2.00 Acres)
  • Suitable for Asset Management or Owner Occupiers
  • Capital Allowances Available (2)
  • Potential for Car Park to Produce Significant Income
  • Close to The Potteries Shopping Centre
  • Lot
    16
  • Auction
    18th May 2022
  • Vacant Possession
  • Status
    Sold
  • Price
    £810,000
  • Sector
    Retail Warehouse
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Major Fund
Important Update
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* More information on the term "guide" can be found here

Freehold Retail Warehouse Opportunity

  • Substantial Retail Warehouse with Multi-Storey Undercroft Car parking for 487 Cars.
  • Prominent City Centre Location
  • Approximate Floor Area of 8,587.20 sq m (92,431sq ft) (1)
  • Approximate Site Area of 0.81 Hectares (2.00 Acres)
  • Suitable for Asset Management or Owner Occupiers
  • Capital Allowances Available (2)
  • Potential for Car Park to Produce Significant Income
  • Close to The Potteries Shopping Centre
  • Lot 16
  • Auction 18th May 2022
  • Vacant Possession
  • Status Sold
  • Price £810,000
  • Sector
    Retail Warehouse
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Major Fund

Property Information

Location
Miles
30 miles west of Derby, 30 miles south of Manchester, 45 miles north of Birmingham
Roads
M6,A50, A52, A53, A500 (Queensway)
Rail
Stoke-on-Trent Railway Station
Air
Manchester Airport
Situation

Hanley is the principal retailing centre of Stoke on Trent, The property is prominently is situated on the main inner ring road (A5006) at the junction of Marsh Street North and New Hall Street and approximately 100 metres east of The Potteries Shopping Centre with 90+ stores including Clarks, H&M, JD Sports, Lush and Next.

Tenure

Freehold.

Location
Miles
30 miles west of Derby, 30 miles south of Manchester, 45 miles north of Birmingham
Roads
M6,A50, A52, A53, A500 (Queensway)
Rail
Stoke-on-Trent Railway Station
Air
Manchester Airport
Situation

Hanley is the principal retailing centre of Stoke on Trent, The property is prominently is situated on the main inner ring road (A5006) at the junction of Marsh Street North and New Hall Street and approximately 100 metres east of The Potteries Shopping Centre with 90+ stores including Clarks, H&M, JD Sports, Lush and Next.

Tenure

Freehold.

Description

The property comprises a substantial City Centre Retail Warehouse benefitting from three levels of undercroft car parking which can accommodate some 487 cars and benefits from a site area of approximately 8,587.20 sq m (92,431sq ft).

The property may be suitable for sub division and / or alternative uses including Warehouse, Leisure and Self Storage, subject to consents. The property may also be suitable for redevelopment, subject to consents. There are some structural defects to the car park, details of which are included in the Legal Pack.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial City Centre Retail Warehouse benefitting from three levels of undercroft car parking which can accommodate some 487 cars and benefits from a site area of approximately 8,587.20 sq m (92,431sq ft).

The property may be suitable for sub division and / or alternative uses including Warehouse, Leisure and Self Storage, subject to consents. The property may also be suitable for redevelopment, subject to consents. There are some structural defects to the car park, details of which are included in the Legal Pack.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Possession
Ground, Lower Ground and First
Lower Ground
Retail Warehouse
Car Park/Ancillary
8,587.20 sq m
(92,431sq ft)
VACANT POSSESSION
Total Approximate
Floor Area
 
8,587.20 sq m
(92,431 sq ft)
(1)
 

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)
(2) Capital Allowances may be available to a qualifying purchaser. See Legal pack.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    29.04.22
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 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 060 519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Mishcon de Reya Africa House, 70 Kingway
London
WC2B 6AH
0203 321 7932
Lizzie Gallop 020 3321 7932lizzie.gallop@mishcon.com  Nicholas Kirby 020 3321 7000nicholas.kirby@mishcon.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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