Commercial Property for sale

Holborn Court, 43, 43a & 45-47, Bridge Street, Newcastle, Staffordshire


£435,000
5,415 ft²

Description

***** Multi-Let, Mixed-Use Town Centre Investment For Sale *****



A multi-let, retail, office and residential investment currently producing 30,268 per annum with potential to produce up to 36,000 per annum.



Buildings comprise a traditionally constructed three storey building which was refurbished around 2005 to provide two shops (43 & 45-47 Bridge Street), six office suites (Holborn Court) and 1 flat (43a Bridge Street). At the rear of the building there is a private car park with 24 spaces. In total the building and car park extend to approximately 0.25 acres.



Location

The property is situated between Bridge Street and Frog Hall adjacent to Lower Street (A34) in Newcastle under Lyme town centre, a few minutes' walk from the pedestrianised shopping area.



Accommodation

Total: 503.07 sq. m (5,415sq. ft)



Services

All mains utilities with the exception of gas are understood to be available subject to any reconnection that may be necessary and mains drainage.



Energy Performance Certificate

Each lettable unit has an EPC with a D or E rating. Further information is available upon request.



Planning

Interested parties are recommended to make their own enquires to Stoke-on-Trent City Council.



Rating

Each lettable unit and part of the car park is individually assessed. Further information is available upon request.



Occupation

Refer to Tenancy Schedule.



Service Charge

Each tenant pays a Service Charge in addition to rent.



Tenure

Freehold, subject to the occupational leases.



Price

435,000



VAT

VAT is applicable to the price.



Legal Costs

Each party is to be responsible for their own legal costs.

Categories

Commercial Properties
Call
Property reference
CP1477889536_1608