Pedestrianised town centre location opposite McDonald’s and near to Greggs
Roebuck Shopping Centre located nearby with retailers including Boots the Chemist and Iceland
Lot 43
Auction 14th February 2019
Rent £80,000 per Annum Exclusive
Status Sold
Price £600,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
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 situated on the northern side of the pedestrianised High Street, the town’s principal retail thoroughfare and close to Castle Walk shopping thoroughfare together with the town’s principal bus station. The Roebuck Shopping Centre is located less than 100 metres away, housing retailers including Boots the Chemist, Iceland and Clarks. Other nearby occupiers include Greggs, Superdrug, Ryman, WH Smith and McDonald’s, with the town’s market also being held on High 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 situated on the northern side of the pedestrianised High Street, the town’s principal retail thoroughfare and close to Castle Walk shopping thoroughfare together with the town’s principal bus station. The Roebuck Shopping Centre is located less than 100 metres away, housing retailers including Boots the Chemist, Iceland and Clarks. Other nearby occupiers include Greggs, Superdrug, Ryman, WH Smith and McDonald’s, with the town’s market also being held on High Street.
Tenure
Freehold.
Description
The property comprises a well configured ground floor shop with ancillary accommodation on the first and second floors.
VAT
VAT is applicable to this lot.
EPC
Band D. Please see the legal pack at acuitus.co.uk
Description
The property comprises a well configured ground floor shop with ancillary accommodation on the first and second floors.
VAT
VAT is applicable to this lot.
EPC
Band D. Please see the legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground First Second
Retail/Ancillary Ancillary Ancillary
261.30 sq m 121.10 sq m 141.20 sq m
(2,813 sq ft) (1,304 sq ft) (1,520 sq ft)
THE EDINBURGH WOOLLEN MILL LIMITED (1)
25 years from 24/09/1999 until 23/09/2024 on a full repairing and insuring lease
£80,000
24/09/2019
Total
523.60 sq m
(5,637 sq ft)
£80,000
(1) For the year ending 25th February 2017, The Edinburgh Woollen Mill Limited reported a turnover of £592,120,000, pre-tax profits of £83,836,000 and a total net worth of £305,824,000 (Source: Experian Group 10/01/2019). 400 retail stores nationwide (Source: www.ewm.co.uk).
Contacts
Seller's Solicitors
Walker Morris Kings Court, 12 King Street Leeds LS1 2HL
