Comprises 46,334 sq ft on site area of 0.98 Ha. (2.43 acres)
Tenants include Strength Asylum Ltd, Milton Bridge Ceramics Ltd and Gladiator MMA Gym
Established Industrial location, on the periphery of Hanley City Centre and close to M6 (Junction 15)
Nearby occupiers include Screwfix, Jewson, Lidl, Farmfoods and Enterprise Rent-a-Car
Lot 14
Auction 9th May 2024
Rent £214,158 per Annum Exclusive (4) (10)
Status Withdrawn Post
Price
Sector Industrial, Warehouse
Auction Venue Live Streamed Auction
Property Information
Location
Miles
38 miles south of Manchester, 45 miles north of Birmingham
Roads
A50, A52, A53, A5009, M6 (Junction 15)
Rail
Stoke-on-Trent Railway Station
Air
Manchester Airport
Situation
The property is strategically located in an established industrial location on the east side of Bottleslow Street, which links to the A52, close to the centre of Hanley. The property boasts excellent communication links being within close proximity to A50, A53 and M6 (Junction 15). Nearby occupiers include Enterprise, Screwfix, Jewson, Lidl and Farmfoods.
Tenure
Freehold.
Location
Miles
38 miles south of Manchester, 45 miles north of Birmingham
Roads
A50, A52, A53, A5009, M6 (Junction 15)
Rail
Stoke-on-Trent Railway Station
Air
Manchester Airport
Situation
The property is strategically located in an established industrial location on the east side of Bottleslow Street, which links to the A52, close to the centre of Hanley. The property boasts excellent communication links being within close proximity to A50, A53 and M6 (Junction 15). Nearby occupiers include Enterprise, Screwfix, Jewson, Lidl and Farmfoods.
Tenure
Freehold.
Description
The property comprises a 46,334 sq ft Trade Park comprising 22 units, and benefits from over 30 car parking spaces to the front and side. The property occupies a site area of 0.98 Ha. (2.43 acres).
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC's will be available to view online in the solicitor’s legal pack.
Description
The property comprises a 46,334 sq ft Trade Park comprising 22 units, and benefits from over 30 car parking spaces to the front and side. The property occupies a site area of 0.98 Ha. (2.43 acres).
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC's will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Gross Internal Floor Areas Approx sq m
Gross Internal Floor Areas (Approx sq ft)
Tenant
Term
Rent p.a.x.
Unit 1
253.16
(2,725)
STRENGTH ASYLUM TRADING LIMITED (1)
7 years from 01/04/2022
£13,625
Unit 2
622.45
(6,700)
STRENGTH ASYLUM TRADING LIMITED (1)
7 years from 01/04/2022
£20,100
Unit 3
108.41
(1,167)
STRENGTH ASYLUM TRADING LIMITED (1)
7 years from 01/04/2022
£5,835
Unit 4
143.72
(1,547)
STRENGTH ASYLUM TRADING LIMITED (1)
7 years from 01/04/2022
£7,735
Unit 5
221.66
(2,386)
L. RAWSON (t/a Milton China)
3 years from 01/10/2020(Holding Over)
£9,600
Unit 6
215.34
(2,318)
D. MOOD (t/a JPD Security Ltd) (2)
Approx. 2 years from 01/09/2022 expiring 31/07/2024
£11,590
Units 7, 9, 17 & 20A
978.26
(10,530)
MILTON BRIDGE CERAMIC COLOURS LIMITED (3)
5 years from 17/10/2023
£51,232 (4)
Unit 8
128.85
(1,387)
FUNERAL SUPPORT SERVICES (UK) LIMITED (5)
5 years from 17/02/2023
£6,935 (6)
Unit 10
253.16
(2,725)
POTTERIES PLATING LIMITED
5 years from 01/06/2022
£12,075
Unit 11
139.35
(1,500)
APPLIANCE REPAIRS (STAFFS) LIMITED
3 years from 01/09/2022
£3,937.50
Unit 12
28.79
(310)
F. ROSSI
3 years from 01/09/2022
£3,600
Unit 12B
55.83
(601)
V. ROSSI
1 year from 01/11/2023
£4,000
Unit 13
153.01
(1,647)
S. BRANNAN
3 years from 01/05/2022
£8,235
Unit 14
135.91
(1,463)
I. ALLERTON
3 years from 01/05/2022
£6,500
Unit 15
203.73
(2,193)
SUPERIOR FURNITURE LIMITED
3 years from 01/04/2024
£12,000 (7)
Unit 16
143.62
(1,546)
S. HARROP
5 years from 16/07/2021
£7,800 (8)
Unit 18
108.51
(1,168)
GLADIATOR MMA GYM LTD
5 years from 01/11/2022 (9)
£3,504 (10)
Unit 19
153.01
(1,647)
L&L BODYWORKS LTD
5 years from 01/05/2022
£8,235
Unit 20
112.31
(1,209)
ELITE SOLUTIONS ENGINEERING LIMITED
5 years from 05/09/2022
£6,000 (11)
Unit 21
126.06
(1,357)
ABERCOL LTD (12)
5 years from 05/04/2022
£8,500
Unit 22
19.32
(208)
TAILORED VEHICLE LOGISTICS LIMITED (t/a Little Car Company)
1 year from 01/03/2024
£3,120
Total
4,304.37
(46,334)
£214,158.50 (4) (10)
(1) Strength Asylum are a leading Bodybuilding and Strongman Gym that were incorporated in 2012. They are one of only two official IFBB (International Federation of Bodybuilding and Fitness) affiliated gyms in the UK (www.strengthasylum.co.uk). (2) www.dbsecurityservice.co.uk (3) Milton Bridge Ceramic Colours Ltd are a ceramic manufactuer that have been established since 1982 . They supply directly to more than 50 countries worldwide (www.milton-bridge.co.uk) (4) Under the terms of the lease, the rent currently reserved is £37,000 per annum exclusive. The rent will increase to £42,693 p.a.x on 17/10/2024, and to £51,232 p.a.x. on 17/10/2025. The Seller will pay to the Buyer the difference between the current rent reserved from completion of the sale until 17/10/2025, therefore the property will effectively produce £51,232 p.a.x. from completion of the sale - please see Special Conditions of Sale. (5) www.funeralsupportservices.co.uk (6) A rent deposit of £1,155 is held by the Seller. (7) A rent deposit of £3,000 is held by the Seller. (8) A rent deposit of £1,950.01 is held by the Seller. (9) The lease is subject to a tenant only option to determine on 31/10/2025. (10) Under the terms of the lease, the rent currently reserved is £3,176 per annum exclusive. The rent will increase to £3,504 p.a.x on 01/11/2024. The Seller will pay to the Buyer the difference between the current rent reserved from completion of the sale until 01/11/2025, therefore the property will effectively produce £3,504 p.a.x. from completion of the sale - please see Special Conditions of Sale. (11) A rent deposit of 1,500 is held by the Seller. (12) www.abercol.co.uk
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.
