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Hollins Business Centre, Rowley Street, Stafford, Staffordshire, ST16 2RH

Sold for for £490,000.
 

Guide Price £350,000-£400,000 plus fees


Thursday 25th February 2016

11.00am
Key Features
A Freehold Multi-Let Office Investment Property with the opportunity to increase rental income Current Gross Rent: £58,268 pa Estimated Full Rental Value: £108,000 pa
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Sold for for £490,000.

Commercial Property

Is Preliminary Lot

False

Location

The property is conveniently located fronting Rowley Street at its junction with Marsh Street and being a short walk from Stafford town centre, rail and public transport links, Pure Gym Health Club, Costa Coffee, McDonalds, Tesco and other local shopping and leisure amenities benefits from good access to the local and national motorway network via junction 14 of the M6 motorway which is a short drive from the premises.

Property Description

Hollins Business Centre comprises a prominent, historic four storey building believed to have been constructed in 1865 of brick with a tiled roof which has been converted and refurbished to a good standard to provide a number of small office/business suites ranging from 135 sq.ft. to 1,080 sq.ft. The suites benefit from shared WC and kitchen facilities available on each floor and there is a DDA approved lift providing access to the upper floors. To the rear of the building there is an internal surfaced car parking area and the property further benefits from on-street parking within the immediate vicinity.
The property is available on short term licence and Lease arrangements and there is 24 hour access, 7 days a week, conference facilities and communal reception area.

Tag Line

A Freehold Multi-Let Office Investment Property with the opportunity to increase rental income
Current Gross Rent: £58,268 pa
Estimated Full Rental Value: £108,000 pa

Tenure

We understand that the property is Freehold and is being sold subject to the tenancy schedule adjacent.

Value Added Tax

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

Viewings & Further Details

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

Tenure: