Freehold Retail Investment
Freehold Retail Investment
The property is prominently situated on Congleton Road (A34) close to its junction with Old Butt Lane and the A50 to the North. Nearby occupiers include The Co-operative Supermarket, The Post Office, Greggs and a Toby Carvery.
Freehold.
The property is prominently situated on Congleton Road (A34) close to its junction with Old Butt Lane and the A50 to the North. Nearby occupiers include The Co-operative Supermarket, The Post Office, Greggs and a Toby Carvery.
Freehold.
The property comprises a betting office arranged on the ground floor only.
VAT is not applicable to this lot.
Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
Six Week Completion
Band C
The property comprises a betting office arranged on the ground floor only.
VAT is not applicable to this lot.
Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
Six Week Completion
Band C
| Floor | Use | Floor Areas Approx sq m (1) |
Floor Areas Approx sq ft (1) |
Tenant | Term | Rent p.a.x. | Rent Review |
|---|---|---|---|---|---|---|---|
| Ground | Betting Office | 170.48 |
(1,830) |
LADBROKES BETTING AND GAMING LIMITED (t/a Coral) (2) | 5 years from 24/06/2022 (3) on a full repairing and insuring lease | £13,750 |
20/12/2025 |
| Total | 170.48 |
(1,830) |
£13,750 |
(1) Areas provided by VOA (www.gov.uk/business-rates)
(2) Ladbrokes Betting and Gaming Ltd operate from just over 2,150 betting shops across the UK (www.ladbrokes.com)
(3) The lease is subject to a tenant only option to determine on 24/06/2025
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.
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