Screwfix, Unit 1, Greyfriars Place Greyfriars Road (A34) Stafford Staffordshire ST16 2SD

  • Screwfix, Unit 1, Greyfriars Place<br>Greyfriars Road (A34)<br>Stafford<br>Staffordshire<br>ST16 2SD

Screwfix, Unit 1, Greyfriars Place
Greyfriars Road (A34)
Stafford
Staffordshire
ST16 2SD

Freehold Trade Counter Investment

  • Let to Screwfix Direct Limited on a lease expiring June 2027
  • 2022 Break NOT Exercised
  • Used as a Trade Counter but benefits from Open A1 non-food
  • Includes onsite Car Parking
  • Rent Review 24th June 2022
  • Prominence from the A34
  • Nearby Occupiers include Halfords, Dunelm, Farmfoods, Dulux, Dreams and Eurofit
  • Lot
    16
  • Auction
    17th February 2022
  • Rent
    £75,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,265,000
  • Auction Venue
    Live Streamed Auction
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Freehold Trade Counter Investment

  • Let to Screwfix Direct Limited on a lease expiring June 2027
  • 2022 Break NOT Exercised
  • Used as a Trade Counter but benefits from Open A1 non-food
  • Includes onsite Car Parking
  • Rent Review 24th June 2022
  • Prominence from the A34
  • Nearby Occupiers include Halfords, Dunelm, Farmfoods, Dulux, Dreams and Eurofit
  • Lot 16
  • Auction 17th February 2022
  • Rent £75,500 per Annum Exclusive
  • Status Sold
  • Price £1,265,000
  • Sector
    Trade Counter/Builders Merchants
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
15 miles south of Stoke-on-Trent, 26 miles north-west of Birmingham
Roads
A34, A449, M6
Rail
Stafford
Air
Birmingham Airport
Situation

Stafford is a popular town and Staffordshire's principal administrative centre, located 26 miles north-west of Birmingham. The town benefits from an excellent road network, with junctions 13 and 14 of the M6 located approximately 3 miles to the north and south. The property is located in a prominent location, 0.5 miles north of the Town Centre on Greyfriars Road (A34) close to its junction with Greyfriars Place. Greyfriars Road connects the town centre with the M6, 1.25 miles to the north of the property. Nearby occupiers include Dunelm, Halfords, Farmfoods, Dreams, Dulux, EuroFit & National Tyres

Tenure

Freehold.

Location
Miles
15 miles south of Stoke-on-Trent, 26 miles north-west of Birmingham
Roads
A34, A449, M6
Rail
Stafford
Air
Birmingham Airport
Situation

Stafford is a popular town and Staffordshire's principal administrative centre, located 26 miles north-west of Birmingham. The town benefits from an excellent road network, with junctions 13 and 14 of the M6 located approximately 3 miles to the north and south. The property is located in a prominent location, 0.5 miles north of the Town Centre on Greyfriars Road (A34) close to its junction with Greyfriars Place. Greyfriars Road connects the town centre with the M6, 1.25 miles to the north of the property. Nearby occupiers include Dunelm, Halfords, Farmfoods, Dreams, Dulux, EuroFit & National Tyres

Tenure

Freehold.

Description

The property currently comprises a ground floor trade counter unit, benefitting from roller shutter doors, on site car parking for approximately 25 cars and open A1 non-food planning consent. The property is clearly visible from Greyfriars Road (A34) with access from Greyfriars Place.

VAT

VAT is applicable to this lot.

Completion Period

6 Week Completion

EPC

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

Description

The property currently comprises a ground floor trade counter unit, benefitting from roller shutter doors, on site car parking for approximately 25 cars and open A1 non-food planning consent. The property is clearly visible from Greyfriars Road (A34) with access from Greyfriars Place.

VAT

VAT is applicable to this lot.

Completion Period

6 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 Rent Review
Ground Trade Counter
628.93 sq m (6,770 sq ft)
 SCREWFIX DIRECT LIMITED (1) 10 years from 24/06/2017, expiring on 23/06/2027 on a full repairing & insuring lease (2)
£75,500
24/06/2022
Total  
628.93 sq m (6,770 sq ft)
    
£75,500
  

(1) Screwfix is part of Kingfisher plc, the international home improvement company, with over 1,200 stores in 10 countries in Europe, Russia and Turkey. For further information go to www.kingfisher.com. From power tools and work wear to cables and pipe fittings, Screwfix offers over 10,000 products available for pick up from 748 stores nationwide. (Source : www.screwfix.com)
For the year ending 31/01/2021 Screwfix Direct Limited reported Turnover of £2,029,900,000, a Pre-Tax Profit of £205,100,000 and Total Shareholders Equity of £1,024,100,000. (NorthRow 25/01/2022)
(2) Tenant option to break on 24th June 2022, NOT exercised

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Charlie PowterCharlie Powter +44 (0)20 7034 4853 +44 (0)7768 120 904charlie.powter@acuitus.co.uk
Seller's Solicitors
Boodle Hatfield 240 Blackfriars Road
London
Buckinghamshire
SE1 8NW
Andrew Wilmot-Smith 0207 079 8138awilmot-smith@boodlehatfield.com  Sophie Henwood -SHenwood@boodlehatfield.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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