The Roebuck Shopping Centre Newcastle Under Lyme ST5 1SW

The Roebuck Shopping Centre
Newcastle Under Lyme
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
18th May 2022
Rent
£102,416 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
Live Streamed Auction

Important Update Interested?

Expand
Photos
Map

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 18th May 2022
Rent £102,416 per Annum Exclusive
Status Sold Post
Price
Sector
Shopping Centre
Auction Venue
Live Streamed Auction

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

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

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 £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.