Property Details
BACK Disposal

Sainsbury's Foodstore


location icon ETRURIA ROAD, HANLEY, STOKE-ON-TRENT, ST1 5SA

Summary

  • LOCATION
    HANLEY
  • SECTOR
    FOODSTORE
  • SIZE
    63,640 SQ FT
  • TENURE
    FREEHOLD
  • TENANT
    SAINSBURY'S
  • TERM
    4.7 YEARS
  • PASSING RENT
    £1,050,000 PER ANNUM
  • PASSING RENT
    £15.08 PER SQ FT
  • COVENANT
    VERY LOW RISK
  • PRICE
    £13.125 MILLION
  • NIY
    7.50%
  • CAPITAL VALUE
    £206 PER SQ FT
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More Information

  • LOCATION HIGHLIGHTS

    Sainsbury’s occupies a highly prominent site on Etruria Road, a major thoroughfare serving the surrounding critical mass of out of town retail warehouse and leisure facilities. The Property benefits from immediate proximity to Century Retail Park, Octagon Retail Park and Festival Retail Park.

  • DESCRIPTION HIGHLIGHTS

    The Property comprises a purpose built foodstore extending to 63,640 sq ft, in addition to an 8 pump petrol filling station. The foodstore occupies a significant 5.8 acre site benefitting from ample car parking, with a very low site cover of 22.4%.

  • LEASE HIGHLIGHTS

    The Property is let to Sainsbury’s Supermarkets Ltd, guaranteed by J Sainsbury Plc. Sainsbury's have been in occupation since 1989. The lease benefits from Privity of Contract.

Maps

DISPOSAL

Contact Us

Simeon Cohen
Director

+44 (0) 20 3418 2050

Anthony Sidoli
Director

+44 (0) 20 3418 2030

Natasha Sidoli
Director

+44 (0) 20 3418 2070

ADS RE Ltd (ADS RE) on its own behalf and on behalf of the vendors / lessors of the properties whose agent ADS RE is, gives notice that:1 (a) All particulars provided are given as a general outline only for the guidance of the intending purchaser, lessee or tenant, and do not constitute in whole or in part, an offer of contract for sale or lease; (b) Whilst all particulars of properties given including but not limited to descriptions, dimensions, references to condition and necessary permissions for use and occupation and maps are believed to be correct and are given in good faith, they are however given without responsibility. None of the statements contained in these particulars as to the property are to be relied upon as statements or representations of fact; (c) The vendor / lessor does not make or give, and neither ADS RE nor any of its members or any person in its employment has any authority to make or give any representation or warranty whatsoever in relation to any properties. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor / lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor / lessor and a purchaser or tenant. 2 Prospective purchasers / lessees or tenants should not rely on any particulars provided and are strongly advised to; (a) Satisfy themselves by inspection or otherwise as to the correctness of each statement contained in these particulars; (b) Inspect the property and the neighbouring area; ensure that any items expressed to be included are available and in working order; (c) Arrange a full measured, structural (and where appropriate environmental) survey of the property; and (d) Carry out all necessary searches and enquiries. May 2020