High Yielding Office Development in Premier Business Park
4 self-contained modern offices let to tenants including Sandon Road Baptist Church, The Royal Mencap Society and Eisenmann UK Ltd
Prominent position on leading technology park
Numerous asset management opportunities
Other occupiers in the park include Staffordshire County Council, NFU Mutual, Fisher German and The Crown Prosecution
Approximately 3,068.38 sq m (33,028 sq ft) with excellent parking provisions
Six Week Completion
Lot 16
Auction 17th October 2013
Rent £126,682 per Annum Exclusive
Status Sold Post
Price
Sector Office
Auction Venue The Millennium Hotel 44 Grosvenor Square Mayfair London W1K 2HP
Property Information
Location
Miles
2 miles from Stafford town centre
20 miles south of Stoke-on-Trent
35 miles north of Birmingham
Roads
A518 Stafford Eastern Bypass, M6 (Junction 14)
Rail
Stafford Mainline Rail Station
Air
Birmingham International Airport
Situation
Anson Court forms part of the 30 acre Staffordshire Technology Park and is accessed off Dyson Way immediately off the A513 Stafford Eastern Bypass and adjacent to Stafford University. It is the town’s principal high-quality out-of-town business park, and is home to major occupiers including Staffordshire County Council, DEFRA and Mid-Staffordshire General Hospitals.
Tenure
Long Leasehold. Held from Staffordshire County Council for a term of 125 years from 19th February 2002 at a rent of £1 (if demanded).
Location
Miles
2 miles from Stafford town centre
20 miles south of Stoke-on-Trent
35 miles north of Birmingham
Roads
A518 Stafford Eastern Bypass, M6 (Junction 14)
Rail
Stafford Mainline Rail Station
Air
Birmingham International Airport
Situation
Anson Court forms part of the 30 acre Staffordshire Technology Park and is accessed off Dyson Way immediately off the A513 Stafford Eastern Bypass and adjacent to Stafford University. It is the town’s principal high-quality out-of-town business park, and is home to major occupiers including Staffordshire County Council, DEFRA and Mid-Staffordshire General Hospitals.
Tenure
Long Leasehold. Held from Staffordshire County Council for a term of 125 years from 19th February 2002 at a rent of £1 (if demanded).
Description
Anson Court Business Centre was developed in 2004 and comprises 4 modern self-contained office buildings. The buildings benefit from perimeter trunking, suspended ceilings and inset anti-glare lighting, while the 3 storey buildings each have disabled platform lifts. The area between the buildings provides excellent parking facilities for approximately 115 cars within an attractive landscaped site.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Telephone: +44 (0)20 7034 4857.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
Anson Court Business Centre was developed in 2004 and comprises 4 modern self-contained office buildings. The buildings benefit from perimeter trunking, suspended ceilings and inset anti-glare lighting, while the 3 storey buildings each have disabled platform lifts. The area between the buildings provides excellent parking facilities for approximately 115 cars within an attractive landscaped site.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Telephone: +44 (0)20 7034 4857.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews/(Reversions)
1-3 , 103 & 203 Gloucester House
Office
525.08 sq m
(5,652 sq ft)
VACANT
Units 1-2, 4-5 Gloucester House
Office
39.95 sq m
(430 sq ft)
HVDC SOLUTIONS LLP
Licence to occupy - 12 months from 01/06/2013
£9,504
(31/05/2014)
Units 3, 5 & 6 Gloucester House
Office
39.48 sq m
(425 sq ft)
VACANT
Units 4, 4-5 Gloucester House
Office
39.48 sq m
(425 sq ft)
LINKSTUD PSR LIMITED
Licence to occupy - 6 months from 01/12/2011
£4,500
(31/05/2012) (1)
6 & 7 Pearl House
Office
125.79 sq m
(1,354 sq ft)
CROFT ARCHITECTURE LTD
3 years from 01/03/2009
£12,600
(29/02/2012) (1)
8, 10 Pearl House
Office
121.05 sq m
(1,303 sq ft)
VACANT
9 Pearl House
Office
57.04 sq m
(614 sq ft)
MLEC (UK) LTD
16 months from 01/09/2013
£4,000
(31/12/2014)
Ground - 11 Pearl House
Office
141.95 sq m
(1,528 sq ft)
SOCIAL WORK CHOICES LTD
4 years from 01/03/2011
£9,500
01/03/2014 (28/02/2015)
First - 111 Pearl House
Office
140.19 sq m
(1,509 sq ft)
VACANT
Second - 211 Pearl House
Office
72.30 sq m
(778 sq ft)
TEMPS NOW STAFFORD LTD
1 year from 01/09/2008 (2)
£5,400
(31/08/2009) (1)
Second – 211 Pearl House
Office
56.21 sq m
(605 sq ft)
VACANT
12 Pearl House
Office
56.95 sq m
(613 sq ft)
VACANT
14 Pearl House
Office
62.52 sq m
(673 sq ft)
SHEARWATER ROCK LTD
3 years from 14/03/2005
£7,990
(13/03/2010) (1)
15 Pearl House
Office
63.73 sq m
(686 sq ft)
JEREMY LEFROY MP
Licence to occupy - 6 months from 01/06/2013
£7,500
(31/12/2013)
16 & 17 Pearl House
Office
129.88 sq m
(1,398 sq ft)
VACANT
Ground - 18 Severn House
Office
104.14 sq m
(1,121 sq ft)
VACANT
First - 118 Severn House
Office
103.49 sq m
(1,114 sq ft)
EISENMANN UK LTD
3 years from 03/07/2009
£12,000
(02/07/2012) (1) (3)
Second - 218 Severn House
Office
100.61 sq m
(1,083 sq ft)
VACANT
19 -23 Centurion House
Office
318.19 sq m
(3,425 sq ft)
SANDON ROAD BAPTIST CHURCH
6 years from 01/06/2013 (4) Lease renewal
£27,000
13/06/2016 (31/05/2019)
Ground 24, 25 & 26 Centurion House
Office
280.75 sq m
(3,022 sq ft)
SANDON ROAD BAPTIST CHURCH
6 years from 01/06/2013 (4) Lease renewal
£12,088
13/06/2016 (31/05/2019)
First 124 & Second 224 Centurion House
Office
295.62 sq m
(3,182 sq ft)
VACANT
27 Centurion House
Office
63.55 sq m
(684 sq ft)
VACANT
28 & 29 Centurion House
Office
130.43 sq m
(1,404 sq ft)
THE ROYAL MENCAP SOCIETY
3 years from 01/06/2013 (5) Lease renewal
£14,600
(31/05/2016)
Totals
3,068.38 sq m
(33,028 sq ft)
£126,682
(1) The tenant is currently holding over. (2) The landlord and tenant verbally agreed to vary the lease in February 2012 so that the tenant could occupy half of the property and pay a reduced rent of £5,400 p.a.x. (3) Eisenmann UK Ltd has given verbal notice to the Landlord that they will be vacating. (4) The lease provides an option to determine on 31st May 2016. (5) The lease provides an option to determine on 31st May 2014 and 31st May 2015.
Contacts
Seller's Solicitors
Clarke Willmott Solicitors 138 Edmund Street Birmingham B3 2ES