No longer on the market
This property is no longer on the market
MapProperty
Property
Features and description
- Freehold For Sale
- 7.8% Gross Yield
- Good Retail Location
- Tenant In Stitu
LOCATION Part of the retail parade on Station Street in Burton upon Trent town centre. Station Street is a good retail location on which are the entrances to both Coopers Way Shopping centre and Burton Place Shopping Centre. The rear of the property is in Burton Place's parking area with on-site parking belonging to the property and rear access into the shop.
ACCOMMODATION Ground Floor Front 1460 ft* Total Sales Ground Floor Rear 1000ft*
1S Floor (unused) 2°d Floor (unused) Coral Sublet the ground floor rear to a taxi company
Potential to develop the upper floors to add Income STPP
TENURE
Freehold is for sale.
LEASE The entire property is let to Coral (Stoke) Ltd on standard FRI terms for a term of 25 years from 18th October 2001 at a current rent of £33,300.
YIELD
7.8% (gross)
ACCOMMODATION Ground Floor Front 1460 ft* Total Sales Ground Floor Rear 1000ft*
1S Floor (unused) 2°d Floor (unused) Coral Sublet the ground floor rear to a taxi company
Potential to develop the upper floors to add Income STPP
TENURE
Freehold is for sale.
LEASE The entire property is let to Coral (Stoke) Ltd on standard FRI terms for a term of 25 years from 18th October 2001 at a current rent of £33,300.
YIELD
7.8% (gross)
About this agent
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