***** 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.
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.
Total: 503.07 sq. m (5,415sq. ft)
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.
Interested parties are recommended to make their own enquires to Stoke-on-Trent City Council.
Each lettable unit and part of the car park is individually assessed. Further information is available upon request.
Refer to Tenancy Schedule.
Each tenant pays a Service Charge in addition to rent.
Freehold, subject to the occupational leases.
VAT is applicable to the price.
Each party is to be responsible for their own legal costs.