Nelson Court, Staffordshire Technology Park Stafford Staffordshire ST18 0WN

Nelson Court, Staffordshire Technology Park
Stafford
Staffordshire
ST18 0WN

Modern Office Investment and Letting Opportunity

Part let to Enterprise Managed Services Ltd
Includes 1,677.75 sq m (18,059 sq ft) of lettable modern office accomodation
Part of an established Technology and Business Park comprising approximately 46,452 sq m (500,000 sq ft) of offices
Extensive on-site car parking
Six week completion

Lot
22
Auction
22nd May 2014
Rent
£85,000 per Annum Exclusive
Status
Sold
Price
£625,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Modern Office Investment and Letting Opportunity

Part let to Enterprise Managed Services Ltd
Includes 1,677.75 sq m (18,059 sq ft) of lettable modern office accomodation
Part of an established Technology and Business Park comprising approximately 46,452 sq m (500,000 sq ft) of offices
Extensive on-site car parking
Six week completion

Lot 22
Auction 22nd May 2014
Rent £85,000 per Annum Exclusive
Status Sold
Price £625,000
Sector
Office
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 18 miles south of Stoke-on-Trent, 34 miles north of Birmingham, 143 miles north-west of London
Roads: M6 (Juntion 14), A518, A449
Rail: Stafford Railway Station
Air: Birmingham international Airport (44 miles)

Situation

The property is located on the western part of the Staffordshire Technology Park near the Dyson Way roundabout. The Staffordshire University Campus lies to the east of the technology park.

Tenure

Long Leasehold. Held for a term of 125 years from 27th February 2004.

Location

Miles: 18 miles south of Stoke-on-Trent, 34 miles north of Birmingham, 143 miles north-west of London
Roads: M6 (Juntion 14), A518, A449
Rail: Stafford Railway Station
Air: Birmingham international Airport (44 miles)

Situation

The property is located on the western part of the Staffordshire Technology Park near the Dyson Way roundabout. The Staffordshire University Campus lies to the east of the technology park.

Tenure

Long Leasehold. Held for a term of 125 years from 27th February 2004.

Description

Nelson Court comprises a modern specification business park office development, developed around 2006. It comprises three buildings including a prominent 6 storey tower. The properties are of steel frame construction with full height glazing and aluminium roof cladding. The two curved buildings, Temeraire and Neptune House have a central core with lift and stairs to the upper two floors. The Victory Point tower is arranged on ground and five upper floors with lift and stairs access in the central core. There is extensive car parking around the properties.

VAT

VAT is applicable to this lot.

EPC

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

Description

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Building	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Victory Point	Office	946.88 sq m	(10,192 sq ft)	ENTERPRISE MANAGED SERVICES LTD (1)	6 years from 07/11/2011	£85,000	07/11/2014, 07/11/2015 and 07/11/2016
Temeraire House	Office	838.92 sq m	(9,030 sq ft)	VACANT
Neptune House	Office	838.83 sq m	(9,029 sq ft)	VACANT
Totals		2,624.63 sq m	(28,251 sq ft)			£85,000

(1) Enterprise Managed Services Ltd as part of Enterprise plc has now been integrated into Amey plc. Amey works with public and regulated sector clients behind roads, railways, schools, waste disposal, airports and utilities. (Source: www.amey.co.uk 25/04/2014). For the year ending 17th December 2013, Amey plc reported pre-tax profits of £68,088,000 and a total net worth of £ 215,975,000 (Source: www.riskdisk.com 25/04/14).