7 / 11 Piccadilly Hanley Stoke-on-Trent Staffordshire ST1 1DG

  • 7 / 11 Piccadilly<br>Hanley<br>Stoke-on-Trent<br>Staffordshire<br>ST1 1DG

7 / 11 Piccadilly
Hanley
Stoke-on-Trent
Staffordshire
ST1 1DG

Freehold Retail Investment

  • Let to Temple Retail Limited
  • Large shop – approximately 9,276 sq ft including first floor trading accommodation
  • Town centre location, close to Greggs, Ryman, Savers and HSBC and TSB banks
  • VAT-free Investment
  • High yielding on Guide Price
  • Lot
    80
  • Auction
    11th July 2018
  • Rent
    £45,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Retail Investment

  • Let to Temple Retail Limited
  • Large shop – approximately 9,276 sq ft including first floor trading accommodation
  • Town centre location, close to Greggs, Ryman, Savers and HSBC and TSB banks
  • VAT-free Investment
  • High yielding on Guide Price
  • Lot 80
  • Auction 11th July 2018
  • Rent £45,000 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
4 miles east of Newcastle-under-Lyme, 35 miles south of Manchester, 43 miles north of Birmingham
Roads
A50, A52, A53, A500, M6
Rail
Stoke-on-Trent Railway Station
Air
Birmingham International Airport
Situation

The property is situated on the southern side of the pedestrianised Piccadilly, at its junction with Stafford Street in the heart of Hanley town centre. The Potteries Shopping Centre (Intu) is a short walk away, with retailers including Primark, Costa, JD Sports and Vision Express. Nearby occupiers include Greggs, Ryman, Savers, and HSBC and TSB banks.

Tenure

Freehold.

Location
Miles
4 miles east of Newcastle-under-Lyme, 35 miles south of Manchester, 43 miles north of Birmingham
Roads
A50, A52, A53, A500, M6
Rail
Stoke-on-Trent Railway Station
Air
Birmingham International Airport
Situation

The property is situated on the southern side of the pedestrianised Piccadilly, at its junction with Stafford Street in the heart of Hanley town centre. The Potteries Shopping Centre (Intu) is a short walk away, with retailers including Primark, Costa, JD Sports and Vision Express. Nearby occupiers include Greggs, Ryman, Savers, and HSBC and TSB banks.

Tenure

Freehold.

Description

The property comprises a ground floor shop with further trading accommodation on the first floor and ancillary/stock on the basement, part first and second floors.

VAT

VAT is not 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 ground floor shop with further trading accommodation on the first floor and ancillary/stock on the basement, part first and second floors.

VAT

VAT is not 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) Tenant Term Rent p.a.x
Ground
Basement
First
Second		 Retail/Ancillary
Ancillary
Retail/Ancillary
Ancillary
239.92 sq m
110.20 sq m
282.80 sq m
228.80 sq m
(2,583 sq ft)
(1,186 sq ft)
(3,044 sq ft)
(2,463 sq ft)
 TEMPLE RETAIL
LIMITED
t/a Perfect Home (1)		 10 years from
01/08/2011 until
31/07/2021 on a full
repairing and insuring
lease		 £45,000
Total
861.72 sq m
(9,276 sq ft)
     £45,000

(1) Perfect Home was established in 2006 to provide top quality products and services, including furniture, entertainment, appliance and technology to customers (Source: www.perfecthomegroup.co.uk 08/06/2018).

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate Auctioneers
Louis Taylor Commercial 10 Pearl House, Anson Court Business Centre, Staffordhsire technology Park
Stafford
ST18 0GB
Ian Cotterill 01785 339922ian.cotterill@louis-taylor.co.uk
Seller's Solicitors
Woolliscrofts LLP 6 - 10 Broad Street
Hanley
Stoke-on-Trent
ST1 4EU
Ray Basnett 01782 204 000rbasnett@woolliscrofts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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