Call the team on 020 7625 9007 for more information
A Grade II Listed Mid Terrace Building Arranged to Provide a Ground Floor Retail Unit and Lower Ground, First and Second Floor Ancillary Accommodation Fully Let Producing £40,000 Per Annum. There is Potential to Convert the Upper Floors to Residential (Subject to Obtaining all Necessary Consents).
The property comprises a mid terrace building arranged to provide a ground floor retail unit with ancillary accommodation on lower ground, first and second floors.
Tenure
Freehold
Location
The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include Greggs, WHSmith, HSBC and more. The open spaces of Victoria Park are within easy reach. Transport links are provided by Stafford rail station.
Accommodation
Lower Ground Floor Basement Ground Floor Shop Area Kitchen WC First Floor Two Offices Kitchen Store Room WC Second Floor Four Offices Store Room WC
Tenancy
The property is subject to an newly extended FRI lease to Waterstone's Booksellers Limited for a further 3 years commencing 14th September 2023 at a rent of £40,000 per annum.
Energy Efficiency Rating (EPC)
Current Rating D
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.