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782-788 Uttoxeter Road, Meir, Stoke on Trent, ST3 7AE

Sold for for £260,000.
 

Guide Price £275,000-£300,000 plus fees


Thursday 25th February 2016

11.00am
Key Features
A Prominent Freehold, Retail & Office Investment Opportunity with scope to increase rental income Rent Passing: £31,630 pa Estimated Full Rental Value: £35,010 pa
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Sold for for £260,000.

Commercial Property

Is Preliminary Lot

False

Location

The properties form part of a local neighbourhood shopping parade occupying a prominent corner position in the centre of Meir. The property fronts a major roundabout intersection between Western Road/Sandon Road (A520) and the main A50 Trunk Road. Within the vicinity is local shopping, the modern Meir Primary Care Trust Health Centre and a KFC Drive-Thru.
The property benefits from a good local catchment area for trade and a high volume of potential passing trade throughout the day.

Property Description

The property comprises four, two storey mid terraced units with retail on the ground floor and offices at first floor level, within a parade of similar properties of brick construction with tiled roofs. Numbers 782 and 784 have been interconnected to create one larger unit. The properties form part of neighbourhood shopping area and benefit from a surfaced parking area to the rear.

Tag Line

A Prominent Freehold, Retail & Office Investment Opportunity with scope to increase rental income
Rent Passing: £31,630 pa
Estimated Full Rental Value: £35,010 pa

Tenure

We understand that the property is Freehold subject to the following tenancy schedule.

Value Added Tax

We understand that VAT will not be chargeable on this transaction.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.

Tenure: