For Sale By Auction | 12:00, 02 June 2017 | Lot 52

Lloyds Pharmacy, 22 The Strand, Stoke-on-Trent, Staffordshire, ST3 2JH

Sold £150,000

  • Commercial Property
  • Tenure: Freehold. The upper floors are a flying freehold and do not form part of the property to be sold.

Call the team on 020 7625 9007 for more information

Auction Date

Fri 02/06/2017

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Commercial Investment Measuring Approximately 2,065 sq ft (191.8 sq m) Let to Lloyds Pharmacy Producing £13,200 per annum.

The property comprises a a mid terrace building arranged over lower ground, ground and two upper floors currently arranged as a ground floor shop.

Tenure

Freehold. The upper floors are a flying freehold and do not form part of the property to be sold.

Location

The property forms part of an established parade on a busy main road in Longton amongst local shops and amenities. There are 9 doctors surgeries within a one mile radius of the property. Nearby multiples include Tesco Extra, Argos and Barclays Bank. Transport links are provided by Longton rail station.

Accommodation

Lower Ground Floor Basement Storage Area (624 sq ft) Ground Floor Shop Area Gross Frontage 24" Built Depth 60" G.I.A 2,065 sq ft

Tenancy

The property is Let to Lloyds Pharmacy on an FRI Lease for a term of 10 years commencing 24th June 2014 at a rent of £13,200 per annum with a rent review every five years.

Viewing Details

Commercial premises access during open hours only.

Sellers Solicitor Invoice Number

17342

Purchaser Fee Invoice Number

17343

Addendum

The property is elected for VAT or it can be purchased as a TOGC (transfer of business as a going concern).

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.