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Castle Way 4,933 sq ft Retail Property Stafford ST16 1BS £1,250,000 (£253.40/sq ft)
Investment Highlights
- A two storey purpose built freehold medical centre.
- NHS backed income.
- Asset management potential (38% patient increase over 2 years).
- NIA approx. 4,933 sq ft (458.3 sq m).
- Let on a 21 year lease expiring 20.11.2045.
- Development potential (subject to necessary consents).
- Benefitting from 41 space car park and additional land.
- Investment let at £88,165 p.a. (7.67% GIY on Guide Price).
Executive Summary
Lot 232 is available by way of Savills Online Auction 22nd April 2026
A two storey purpose built freehold medical centre and pharmacy benefitting from NHS backed income.
Comprises approximately 4,933 sq ft (458.3 sq m) NIA. Let on a 21 year lease with 19 Years Unexpired (20.11.2045).
A two storey purpose built freehold medical centre and pharmacy benefitting from NHS backed income.
Comprises approximately 4,933 sq ft (458.3 sq m) NIA. Let on a 21 year lease with 19 Years Unexpired (20.11.2045).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Pharmacy
Property Size
4,933 sq ft
Costar Property Class
B
Year Built
1987
Price
£1,250,000
Price per sq ft
£253.40
Tenancy
Single
Number of Floors
2
Plot ratio
0.12
Total Plot Size
0.91 ac
Amenities
- 24 Hour Access
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Nearby Major Retailers
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Presented by
Castle Way
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