Lot
074
Auction: November 2023 Online Auction 08/11/2023 - Bidding opens Tuesday 7th November 10:00 AM

7-9 New Kingsway, Weston Coyney, Stoke-On-Trent, Staffordshire, ST3 6NA

Property Details
Location
Auction Details
Description
A Lloyds pharmacy investment comprising an end of terrace building let let at £5,000 per annum on a 20 year lease with approximately 4 years unexpired.
Location
The property fronts onto New Kingsway off Weston Road (A520) within a small parade of shops that includes a neighbouring Co-Op food store. The immediate surrounding area is a mainly residential and sits 5 miles south east of Stoke On Trent.
Tenancy
Let to Well Pharmacy on a 20 year FRI lease from 30th November 2007 at £5,000 per annum. We are informed the last rent review was undertaken in 2017
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 7TH NOVEMBER AND CLOSES ON WEDNESDAY 8TH NOVEMBER.

3. The property is entered in the 2023 Rating List as "Shop and Premises" with a Rateable Value of £7,000. The Rateable Value (RV) is not the amount payable.

4. Energy Performance Certificate = TBC.

Our Nearest Office

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Manchester

Joint Agent

WT Gunson
Contact: Neale Sayle
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