2206 sq. ft (204.94 m²)
Description
-
- The ground floor will be let to Birds (Derby) Ltd at £15,500 per annum exclusive on a 10 year lease inside the Act with a 5th year rent review. There will be a tenant option to break at the end of the 3rd and 6th year subject to not less than 6 months notice in writing
-
- The first and second floor office accommodation is let to Specsavers Optical Superstores Ltd until 12th January 2031, with a tenant break right on the 12th January 2029 subject to serving not less than 6 months notice in writing at £6,000 pax
-
- Nearby occupiers include Boots, Boots Opticians, Card Factory, British Heart Foundation, Grape Tree, Nottingham Building Society, Home Bargains, Barclays, BEAR and Asda
-
- Offers invited at £250,000, which represents a net initial yield of 8.33% with assumed purchaser’s costs of 3.20%
-
Similar properties in the area
Investment for sale
22-24 High Street, Uttoxeter, ST14 7HT
1523 sq. ft (141.49 m²)
PRIME RETAIL INVESTMENT IN PREDESTRIANISED TOWN CENTRE
Investment for sale
33 & 33A High Street, Tean, Stoke-on-Trent, ST10 4DY
1975 sq. ft (183.48 m²)
33 and 33a High Street is a three storey property of brick elevations and tiled pitched roof coverings in a prominent position
Investment for sale
84-85 Marston Rd, Stafford ST16 3BY, UK
Detached, three-storey building with yard/parking in a prominent position on Marston Road on the north side of Stafford town centre. Two ground floor retail units with self-contained flats above producing a total income of �29,652 per annum exclusive of outgoings.
Investment for sale
158 Marston Rd, Stafford ST16 3BS, UK
147 Marston Road is a ground floor, self-contained hair salon located on the Marston Road at its junction with Albert Terrace on the outskirts of Stafford. 40 Albert Terrace is a self-contained first floor flat. Marston Road is a long established retail/commercial/residential area with a range of shops serving the local community and is a popular residential letting area.