Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Joint LPA Receivers at DTZ
Property Information
Location
Miles
16 miles south of Stoke-on-Trent, 24 miles west of Derby, 28 miles north of Birmingham
32 miles east of Shrewsbury
Roads
A518, A34, M6 (Junction 14 & 13)
Rail
Stafford Railway Station
Air
Birmingham International Airport
Situation
The property is prominently situated on the northern side of Victoria Road between its junctions with South Street and Station Road overlooking Victoria Park and adjacent to Stafford Station. Nearby occupiers include Stafford College and the Law Courts while the town centre provides a range of retail and leisure amenities.
Tenure
Freehold.
Location
Miles
16 miles south of Stoke-on-Trent, 24 miles west of Derby, 28 miles north of Birmingham
32 miles east of Shrewsbury
Roads
A518, A34, M6 (Junction 14 & 13)
Rail
Stafford Railway Station
Air
Birmingham International Airport
Situation
The property is prominently situated on the northern side of Victoria Road between its junctions with South Street and Station Road overlooking Victoria Park and adjacent to Stafford Station. Nearby occupiers include Stafford College and the Law Courts while the town centre provides a range of retail and leisure amenities.
Tenure
Freehold.
Description
The property comprises a five storey building providing open plan office accommodation. The building benefits from a speakerphone entry system, lift, Category II lighting, suspended ceilings and perimeter trunking. There is dedicated on-site car parking to the front and rear of the property.
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore.
Telephone: +44 (0)20 7034 4858.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a five storey building providing open plan office accommodation. The building benefits from a speakerphone entry system, lift, Category II lighting, suspended ceilings and perimeter trunking. There is dedicated on-site car parking to the front and rear of the property.
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore.
Telephone: +44 (0)20 7034 4858.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground
Office
277.60 sq m
(2,988 sq ft)
THE SECRETARY OF STATE FOR THE ENVIRONMENT (1) (4)
15 years from 15/03/2001
£22,350
13/03/2016
First
Office
495.73 sq m
(5,336 sq ft)
VACANT POSSESSION
Second
Office
495.82 sq m
(5,337 sq ft)
DENTSU AEGIS UK LIMITED (2) (4)
5 years from 15/07/2013
£36,400
14/07/2018
Third
Office
497.70 sq m
(5,357 sq ft)
DENTSU AEGIS UK LIMITED (2) (4)
A term commencing on the date of the lease and expiring on 14/07/2018
£37,500
Fourth
Office
498.98 sq m
(5,371 sq ft)
VACANT POSSESSION
Ground
Reception
26.70 sq m
(287 sq ft)
Totals
2,292.53 sq m (3)
(24,676 sq ft) (3)
£96,250
(1) The tenant has sublet to Staff Select Limited. (2) Working in 110 countries with approximately 23,000 employees, the Dentus Aegis Network provides expertise and capabilities in media, digital and creative communications services (Source: www.dentsuaegisnetwork.com 20/02/2015) (3) The areas stated are provided by Plowman Craven but are not warranted. Accompanying floor plans are available from within the legal pack. (4) The lease includes the right to park 12 cars.
Contacts
Seller's Solicitors
Clyde & Co LLP The St Botolph Building, 138 Houndsditch London EC3A 7AR
