The Roebuck Shopping Centre Newcastle Under Lyme ST5 1SW

The Roebuck Shopping Centre
Newcastle Under Lyme
ST5 1SW

  • The Roebuck Shopping Centre<br>Newcastle Under Lyme<br>ST5 1SW

Freehold Town Centre Shopping Centre Investment

  • Substantial Shopping Centre Comprising 17 Retail units
  • Approximately 3,450.75 sq m (37,170 sq ft)
  • Benefits from a link to 655 Space Multi Storey Car Park
  • Penestrianised Town Centre Location
  • Approximate Site Area of 0.461 Hectares (1.139 Acres)
  • Asset Management Opportunity
  • Lot
    17
  • Auction
    18/May/2022
  • Rent
    £102,416 per Annum Exclusive
  • Status
    Available
  • Price*
    £650,000 - £700,000
  • Sector
    Shopping Centre
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

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

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 prominently located in the heart of Newcastle Under Lyme's pedestrianised town centre with the main entrance on fronting the centre of High Street at it's junction with Ironmarket and further entrances fronting Pepper Street, Midway and Lower Street.

Tenure

Freehold.

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 prominently located in the heart of Newcastle Under Lyme's pedestrianised town centre with the main entrance on fronting the centre of High Street at it's junction with Ironmarket and further entrances fronting Pepper Street, Midway and Lower Street.

Tenure

Freehold.

Description

The Roebuck Shopping Centre comprises a ground, lower ground, first and second floor Shopping Centre currently arranged to provide 17 retail units, some of which have been combined to form larger unit. The property benefits from a link to the town's 655 space multi storey car park. The property has an approximate site area of 0.461 Hectares (1.139 Acres).

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 Roebuck Shopping Centre comprises a ground, lower ground, first and second floor Shopping Centre currently arranged to provide 17 retail units, some of which have been combined to form larger unit. The property benefits from a link to the town's 655 space multi storey car park. The property has an approximate site area of 0.461 Hectares (1.139 Acres).

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

Unit Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
1 Ground
First
Retail
Ancillary
93.80 sq m
124.29 sq m
(1,009 sq ft)
(1,337 sq ft)
SPORTSWIFT LIMITED t/a Card Factory
(1)
5 years from 21/10/2018
£25,250
(20/10/2023)
2, 3, 9
4 7 8 10
12, 13, 14
16 17 18
Ground
First
Retail
Ancillary
1,162.81 sq m
450.10 sq m
(12,516 sq ft)
(4,844 sq ft)
VACANT      
8a Ground
First
Retail
84.40 sq m
21.3 sq m
(908 sq ft)
(229 sq ft)
INDIVIDUAL t/a Bobba 1 year from 05/01/2022
£12,000
04/01/2022
11 Ground
First
Retail
168.50 sq m
121.60 sq m
(1,813 sq ft)
(1,308 sq ft)
Shirloin Furniture Ltd 3 years from 08/05/2012
Holding Over
£21,000
 
15 Ground Retail
118.65 sq m
(1,277 sq ft)
INDIVIDUAL 13 months from 02/06/2021
£1,166.66
01/07/2022
19 Ground
Lower Ground
Retail
572.30 sq m
178.20 sq m
(6160 sq ft)
(1,918 sq ft)
ICELAND FOODS LTD 3 years from 16/10/2014
Holding Over
£25,000
 
19a Ground Retail
357.80 sq m
(3,851 sq ft)
INDIVIDUAL 4 years from 06/09/2016
Holding Over
£17,000
 
Multi Storey Car Park   Car Park     Lloyds Bank Plc 125 years from 12/08/1984
£1,000
(11/08/2109)
Total Approximate
Floor Area
   
3,450.75 sq m
(37,170 sq ft)
(2)
   
£102,416.66
 

(1) For the year ending 31/01/2021 Sportswift Limited (CRN 03493972) reported a turnover of £265,024,000, a Pre-Tax Profit of negative £10,866,000 and a Net Worth of £36,831,000.
(2) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)

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

  • Solicitors Legal Pack
    Updated Date
    16.05.22
    File Size
    69 MB
    Login to View
  • Brochure
    Updated Date
    29.04.22
    File Size
    3 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
Read Roper & Read Solicitors Alberton House,St. Mary's Parsonage
Manchester
M3 2WJ
Andrew Fairlie 0161-832-6905afairlie@readroper.co.uk

Useful Links

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

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