Home > Auctions > 21 & 22 April 2026 21 April 2026 - 9:00am > Lot 232

21 & 22 April 2026: Tuesday 21 April 2026 - 9:00am
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    Key features

    • To be offered on Wednesday 22 April
    • A two storey purpose built freehold medical centre
    • Let on a 21 year lease expiring 20.11.2045
    • NHS backed income
    • Development potential (subject to necessary consents)
    • Asset management potential (38% patient increase over 2 years)
    • Benefitting from 41 space car park and additional land
    • NIA approx. 4,933 sq ft (458.3 sq m)
    • Investment let at £88,165 p.a. (7.67% GIY on Guide Price)

    Description

    The property comprises a purpose built freehold medical centre arranged across ground and first floor. The property sits on a large site and offers development potential (subject to the requisite consents).

    Additional information

    Tenure

    Freehold

    Accommodation

    GP Surgery - The ground floor accommodation comprises the main waiting room, reception point, clinical rooms, administration area, kitchenette, patient WCs to include disabled user WC and staff WCs. The first floor accommodation comprises a kitchen (formerly shared with the dentist), boiler room and meeting room aswell as a waiting area, 2 former treatment rooms, a small kitchen and WC.


    Pharmacy - The pharmacy extends to a retail area, a partitioned off stock area, a small kitchen point and a staff WC.


    Ground Floor - Surgery - 3,252 sq ft (302.14 sq m)

    Ground Floor - Pharmacy - 631 sq ft (58.65 sq m)

    First floor - Surgery - 1,050 sq ft (97.55 sq m)


    Total NIA - 4,933 sq ft (458.30 sq m)

    Tenancy

    The property is let for a term of 21 years expiring 20 November 2045.


    The lease provides for a minimum rent of £88,165 p.a. this is made up of the CMR (NHS) rent, pharmacy rent and Medic Spot top up rent, the lease includes provisions to ensure the rent can't be lower than £88,165 p.a.


    The lease includes 3 yearly upward only rent reviews of the CMR (NHS) rent with the pharmacy rent and Medic Spot top up rent both increasing proportionately with the CMR (NHS) rent.


    GP Partners (occupying under a tenancy at will) pending ICB approval of their underlease.


    The lease includes tenant break options if NHS funding is withdrawn please see legal pack for more information.

    Rent

    £88,165 per annum

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack. 

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        No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

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        Local information

        The property is located in Stafford, Staffordshire, approximately 15 miles south of Stoke-on-Trent, 15 miles north of Wolverhampton, and 24 miles northwest of Birmingham.It sits in the residential area of Castlefields, south‑east of Stafford town centre, within walking distance of local amenities and the railway station. Access is via Castle Way.

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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