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Property Features

  • Freehold For Sale
  • 7.8% Gross Yield
  • Good Retail Location
  • Tenant In Stitu

Station Street, Burton-on-Trent

£425,000
For Sale
Oakham

Full Details

LOCATION Part of the retail parade on Station Street in Burton upon Trent town centre. Station Street is a good retail location on which are the entrances to both Coopers Way Shopping centre and Burton Place Shopping Centre. The rear of the property is in Burton Place's parking area with on-site parking belonging to the property and rear access into the shop.

ACCOMMODATION Ground Floor Front 1460 ft* Total Sales Ground Floor Rear 1000ft*

1S Floor (unused) 2°d Floor (unused) Coral Sublet the ground floor rear to a taxi company

Potential to develop the upper floors to add Income STPP

TENURE

Freehold is for sale.

LEASE The entire property is let to Coral (Stoke) Ltd on standard FRI terms for a term of 25 years from 18th October 2001 at a current rent of £33,300.

YIELD

7.8% (gross)