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55 Greengate St Apartment Building £250,000 10% Net Initial Yield Stafford ST16 2JE
Investment Highlights
- The property is situated on the west side of Greengate Street close to its intersection with the Market Square
- Excellent transport links The town is served by the M6 Motorway, with junctions 13 and 14 approximately 3 miles south and 2 miles north of the town
- Occupiers close by include Waterstones, Greggs, Clintons Cards, WHSmith, McDonald's, Boots, Starbucks, Lloyd's Bank, HSBC, F. Hinds and many others
Executive Summary
Well-located Freehold retail investment with vacant self-contained upper floors.
Ground floor retail unit let to JG Foods Limited (t/a Grape Tree) on a 10 year lease expiring 2032 and self-contained upper parts vacant, with potential for alternative uses or redevelopment (subject to consents).
Ground floor retail unit let to JG Foods Limited (t/a Grape Tree) on a 10 year lease expiring 2032 and self-contained upper parts vacant, with potential for alternative uses or redevelopment (subject to consents).
Property Facts Sale Pending
| Price | £250,000 | Property Subtype | Apartment |
| Sale Type | Investment | Costar Property Class | B |
| Yield | 10% | Total Plot Size | 0.05 ac |
| Sale Condition | Auction Sale | Property Size | 3,715 sq ft |
| Tenure | Freehold | No. Floors | 3 |
| Property Type | Build-to-Rent | Year Built | 1652 |
| Price | £250,000 |
| Sale Type | Investment |
| Yield | 10% |
| Sale Condition | Auction Sale |
| Tenure | Freehold |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Costar Property Class | B |
| Total Plot Size | 0.05 ac |
| Property Size | 3,715 sq ft |
| No. Floors | 3 |
| Year Built | 1652 |
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55 Greengate St
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