BBC Radio Stoke 42 Cheapside Stoke-on-Trent Staffordshire ST1 1JJ

  • BBC Radio Stoke<br>42 Cheapside<br>Stoke-on-Trent<br>Staffordshire<br>ST1 1JJ

BBC Radio Stoke
42 Cheapside
Stoke-on-Trent
Staffordshire
ST1 1JJ

Freehold Office Investment

  • Entirely let to the British Broadcasting Corporation until 2026
  • Rent review in 2021
  • Includes 4 parking spaces
  • Nearby occupiers include Wilko, BrightHouse, Savers Health & Beauty, Ryman and B&M
  • Lot
    6
  • Auction
    23rd May 2019
  • Rent
    £83,800 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
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Freehold Office Investment

  • Entirely let to the British Broadcasting Corporation until 2026
  • Rent review in 2021
  • Includes 4 parking spaces
  • Nearby occupiers include Wilko, BrightHouse, Savers Health & Beauty, Ryman and B&M
  • Lot 6
  • Auction 23rd May 2019
  • Rent £83,800 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    Office
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN

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 Rail
Air
Birmingham International Airport
Situation

The property is prominently situated on the west side of Cheapside in a corner position at the junction with Pall Mall, close to the pedestrianised town centre. Nearby occupiers include Wilko, BrightHouse, Savers Health & Beauty, Ryman and B&M.

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 Rail
Air
Birmingham International Airport
Situation

The property is prominently situated on the west side of Cheapside in a corner position at the junction with Pall Mall, close to the pedestrianised town centre. Nearby occupiers include Wilko, BrightHouse, Savers Health & Beauty, Ryman and B&M.

Tenure

Freehold.

Description

The property comprises basement, ground and first floor office accommodation which is currently used as a radio station. The property benefits from a passenger lift and parking for 4 cars.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk.

Description

The property comprises basement, ground and first floor office accommodation which is currently used as a radio station. The property benefits from a passenger lift and parking for 4 cars.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
Ground
First
Retail
Ancillary
335.46 sq m
343.26 sq m
329.51 sq m
(3,611 sq ft)
(3,695 sq ft)
(3,547 sq ft)
BRITISH
BROADCASTING
CORPORATION
(1)
25 years from 25/03/2001
on a full repairing and
insuring lease
£83,800 25/03/2021
(24/03/2026)
Totals
1,008.23 sq m
(10,853 sq ft)
    £83,800  

(1) For the year ending 2017/2018, the BBC reported an income of £5.06 billion and net assets of £1.19bn
(Source: www.bbc.co.uk 29.04.2019).

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Blackstone Solicitors The Courtyard , 7 Francis Grove, Wimbledon
London
London
SW19 4DW
Fraz Hussain 02080 719 520f.hussain@blackstonesolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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