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AGENT'S DETAILS


Burton-on-Trent – Freehold Shops and Office Investment

For sale: £275,000.00|6994 Sq Ft|Office, Offices, General Retail, Retail - High Street, Mixed Use, Restaurant/Cafes, Retail, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£275,000.00
SIZE6994 Sq Ft
ADDRESS30-31 High Street, Burton-on-Trent, Staffordshire DE14 1JN
TYPEOffice, Offices, General Retail, Retail - High Street, Mixed Use, Restaurant/Cafes, Retail, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON2nd June 2020

DESCRIPTION

Investment Consideration:
Prominent trading position within the town centre.
Asset management opportunity. Development opportunity with the upper parts.
VAT is NOT applicable to this property.
Adjacent to The Money Shop and Cash Generator, opposite a Your Move Estate Agents and amongst other multiples including NatWest, Toni & Guy, Barclays, William Hill and Costa.

Property Description:
The property is arranged as a mid terraced building comprising two Ground Floor Shops with separate front access to Self-Contained Office Accommodation on the first and second floors. Total Gross Frontage 43’5”.

The property provides the following accommodation and dimensions:
No. 30 (Ground Floor Cafe)
Internal Width 12'7"
Shop Depth 51'5"
Built Depth 57'1"
WC

No. 31 (Ground Floor Shop)
Internal Width 21'7"
Shop Depth 38'8"
Built Depth 57'3"
Area Approx. 834 sq ft
Storage Area Approx. 194 sf ft
Kitchen, WC

First & Second Floor Offices
(above Nos. 30/31)
First Floor Approx. 1,285 sq ft
Second Floor Approx. 1,356 sq ft
Total Approx. 2,641 sq ft

Tenancy:
The shop No. 30 is at present let to Café B Ltd (with personal guarantee) for a term of 7 years from 1st December 2018 at a current rent of £11,500 per annum and the lease contains full repairing and insuring covenants. The lease provides for rent reviews every fifth year and rent deposit is held of £2,875. The shop No. 31 is at present vacant and the first/second floor offices is at present vacant.

Location:
Located close to the junction with Station Street, occupying a prominent trading position within the town centre, adjacent to The Money Shop and Cash Generator, opposite a Your Move Estate Agents and amongst other multiples including NatWest, Toni & Guy, Barclays, William Hill and Costa. Burton-on-Trent is located some 25 miles north-east of Birmingham and 11 miles south-west of Derby.

LOCATION

Location: 30-31 High Street, Burton-on-Trent, Staffordshire DE14 1JN

Burton-on-Trent (0.6 miles)

Willington (4.6 miles)

Tutbury & Hatton (4.8 miles)

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