34 Gaolgate Street Stafford, Staffordshire ST16 2NT
Licence No. PU1000017316 from Experian Goad, Hatfield Herts. For identification purposes only – please see title documentation.
Extract reproduced from 1998 Edition of the Goad Plan
Location Estimated District Population: 120,000 Miles: 17 miles south of Stoke-on-Trent 27 miles north-west of Birmingham
Roads: A34, A51, A449, M6 Rent £100,00 pa
ON THE INSTRUCTIONS OF
Prime Freehold Retail Investment • Let to Ryman Limited • Lease expires December 2020
• Prime pedestrianised location two doors from Marks & Spencer
• 30Working Day Completion available
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Position The property is located in a prime pedestrianised location on Gaolgate Street, opposite its junction with Stafford Street in the heart of the town centre.
Nearby: Marks & Spencer, Next, H Samuel, Monsoon, New Look, Sports Direct, Costa, Boots Optician, Dorothy Perkins, Burton and branches of the main banks and building societies.
Description SHOP arranged on the ground, first and second floors.
Present Accommodation (approximate areas) Floor
Accommodation
Ground First Second
Sales/Ancillary Ancillary Ancillary
Total Commercial Area
Tenure Freehold.
Tenant RYMAN LIMITED (1)
Lease Term: Approximately 15 years from 2nd December 2005
Basis: FRI Rent: £100,000 per annum Review: 2015 Expiry: 24th December 2020
VAT is applicable to this lot – please see Special Conditions of Sale.
Net Internal Areas
222.96 sq m 52.48 sq m 53.41 sq m
328.85 sq m
(2,400 sq ft) (565 sq ft) (575 sq ft)
(3,540 sq ft)
(1) Trading as Ryman. Ryman Ltd for the year to 03/10 reported a turnover of £123.4 million, pre-tax profits of £6.3 million and total assets of £50.5 million. (Source: One Source One-Stop Report)
The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor CMS Cameron McKenna LLP. t: 0117 930 0200. e: sally.badham@cms-cmck.com Ref: Ms S Badham.