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This property is no longer on the market

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Retail property (high street)

Retail property (high street)
3293
Added > 14 days

Features and description

  • Investment Opportunity
  • Prime location within Uttoxeter town centre
  • Single long term tenancy
  • Private parking to the rear
  • Large public car parks in close vicinity
  • Well presented property
The property is an attractive mid-terrace two storey commercial building with a recessed frontage, timber sash windows and beneath a pitched roof. There is parking along the rear elevation forming part of the property.
Internally, the property provides a generous sized retail area with suspended ceiling and air-conditioning. A stud partition creates the divide with the storage area to the rear and staircase to the first floor.
The first floor provides further storage, with office, kitchen and staff ladies & gents WCs located to the front elevation.
The premises are occupied by Friary Shoes Limited, a long-established business we understand have been in the existing premises since 1988 and have recently completed a Lease renewal.

TENURE
The property is freehold and let entirely to Friary Shoes Limited on a full repairing and insuring Lease from 29th September 2023 for a term of 10 years at a passing rent of £26,500 per annum, with 5th year rent review and Tenant option to determine.

The property is located centrally within the pedestrianised area of Uttoxeter High Street, within close proximity of the extensive public parking facilities provided within The Maltings.
The property is within close proximity to notable occupiers including Boots, Greggs, WH Smiths, Costa Coffee, Card Factory and Barclays Bank.

Property information from this agent

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About this agent

Mounsey Chartered Surveyors - Stoke-On-Trent
Mounsey Chartered Surveyors - Stoke-On-Trent
Lakeside, Festival Way, Festival Park Stoke-on-Trent ST1 5PU
01782 933790
Full profileProperty listings
Specialising in general practice commercial property advice that also incorporates a residential survey and valuation service. We work closely with each of our clients to provide a tailored approach that exceeds their expectations. In 2019 we have been shortlisted for the CoStar midlands agency award for the most active single branch agent by the number of acquisitions & disposals, which is why 80% of our instructions are from clients that we have previously provided property consultancy services. Our knowledge, market intelligence and proactive attitude enable us to solve our client’s problems and build lifetime relationships.
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