17-19 Station Street Burton-upon-Trent Staffordshire DE14 1AU

  • 17-19 Station Street<br>Burton-upon-Trent<br>Staffordshire<br>DE14 1AU

17-19 Station Street
Burton-upon-Trent
Staffordshire
DE14 1AU

Freehold Retail Investment with Prior Approval for Residential at First Floor

  • Includes two shops trading as The Hideaway Tea Shop and Kiku Sushi & Bubble Tea
  • Vacant separately-accessed first floor with prior approval for 4 x 1 bed flats
  • Pedestrianised town centre location, close to Coopers Square Shopping Centre
  • Nearby retailers include Marks & Spencer, Boots the Chemist, Superdrug, Costa, River Island, Primark, WHSmith, McDonald's and a JD Wetherspoon
  • Lot
    32
  • Auction
    9th July 2024
  • Rent
    £31,500 per Annum Exclusive
    plus vacant first floor with Prior Approval for Residential
  • Status
    Sold
  • Price
    £293,000
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment with Prior Approval for Residential at First Floor

  • Includes two shops trading as The Hideaway Tea Shop and Kiku Sushi & Bubble Tea
  • Vacant separately-accessed first floor with prior approval for 4 x 1 bed flats
  • Pedestrianised town centre location, close to Coopers Square Shopping Centre
  • Nearby retailers include Marks & Spencer, Boots the Chemist, Superdrug, Costa, River Island, Primark, WHSmith, McDonald's and a JD Wetherspoon
  • Lot 32
  • Auction 9th July 2024
  • Rent £31,500 per Annum Exclusive plus vacant first floor with Prior Approval for Residential
  • Status Sold
  • Price £293,000
  • Sector
    High Street Retail, Residential, Development
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
22 miles south-west of Nottingham, 25 miles north-east of Birmingham, 25 miles north-west of Leicester
Roads
A38, A511, A5121, A5189
Rail
Burton-on-Trent Railway Station
Air
Birmingham Airport
Situation

The property is prominently situated on the south side of the pedestrianised Station Street, in the heart of the town centre, close to Coopers Square Shopping Centre. Nearby retailers include Marks & Spencer, Boots the Chemist, Superdrug, Costa, River Island, Primark, WHSmith, McDonald's and a JD Wetherspoon.

Tenure

Freehold.

Location
Miles
22 miles south-west of Nottingham, 25 miles north-east of Birmingham, 25 miles north-west of Leicester
Roads
A38, A511, A5121, A5189
Rail
Burton-on-Trent Railway Station
Air
Birmingham Airport
Situation

The property is prominently situated on the south side of the pedestrianised Station Street, in the heart of the town centre, close to Coopers Square Shopping Centre. Nearby retailers include Marks & Spencer, Boots the Chemist, Superdrug, Costa, River Island, Primark, WHSmith, McDonald's and a JD Wetherspoon.

Tenure

Freehold.

Description

The property comprises two shops arranged on the ground floor, with separately-accessed former office accommodation arranged on the first floor, accessed from the front.

VAT

VAT is applicable to this lot.

Planning

Prior approval was granted on 05/12/2023 from East Staffordshire Borough Council (R: P/2023/01143) for the change of use from Commercial use (Class E) to Residential (Class C3) for 4 flats on the first floor. (www.eaststaffsbc.gov.uk).

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 two shops arranged on the ground floor, with separately-accessed former office accommodation arranged on the first floor, accessed from the front.

VAT

VAT is applicable to this lot.

Planning

Prior approval was granted on 05/12/2023 from East Staffordshire Borough Council (R: P/2023/01143) for the change of use from Commercial use (Class E) to Residential (Class C3) for 4 flats on the first floor. (www.eaststaffsbc.gov.uk).

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)		 Floor Areas
(Approx sq ft) (1)		 Tenant Term Rent p.a.x.
Ground
(17 Station Street)		 Retail/Ancillary
152.11
(1,637)
 THE HIDEAWAY BURTON LIMITED
(t/a The Hideaway)		 5 years from 21/02/2022
£19,500
Ground
(18 Station Street)		 Retail/Ancillary
70.50
(758)
 Y. WANG
(t/a Kiku Sushi & Bubble Tea)		 5 years from 13/01/2021
£12,000
First
(19 Station Road)		 Former Offices
149.57
(1,610)
 VACANT -
-
Total  
372.18
(4,005)
    
£31,500

(1) Areas provided by VOA (www.gov.uk/find-business-rates)

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
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
SBP Law Glade House 52-54 Carter Lane
London
EC4V 5EF
Michael Segen 020 7332 2222michael@sbplaw.co.uk

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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