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Agent's details

29 Gaolgate Street

For sale: £110,000.00|Other, Other Property Types & Opportunities

Property details

FOR SALE£110,000.00
ADDRESS29 Gaolgate Street, Stafford, ST16 2NT
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON14th February 2024

Description

High Yielding Retail Investment Situated on a Pedestrianised Street.
Let - Producing £18,000 per annum.

The property comprises a high yielding retail investment with planning consent for the conversion of the upper parts to residential.

Arranged across ground and first floors, the property comprises a double fronted retail unit to the ground floor and ancillary/storage space to the first floor.

The property is let in its entirety to Bedcrown Limited on a three year lease expiring 02/01/2026 and paying £18,000 per annum.

The property is situated with a prominent frontage to the pedestrianised retail heart of the town. The property also has extant planning consent for conversion of the upper parts to residential use.

Location

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Location: 29 Gaolgate Street, Stafford, ST16 2NT

Stafford (0.4 miles)

Norton Bridge (5.0 miles)

Penkridge (5.8 miles)

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