Offers in region of
£350,000
(£46.98/sq. ft)
Property for sale38, Gaolgate Street ST16
7,450 sq. ft
About this property
Comprising two fully let retail units with residential apartments above
Retail units - 2,290 sq.ft. (212.75 sq.m.)
Currently producing a rental income of £32,250 per annum
The property is prominently situated and occupies a prime position in Stafford Town Centre lying on the east side of the pedestrianised Gaolgate Street at its junction with Salter Street. Branches of ryman, O2, vodafone, 3 mobile, boots opticians and EE are located in the vicinity.
The proposed redevelopment of the former Co-op department store opposite should enhance the location going forward.
The property comprises two retail units forming the ground floor of a three-storey building with the separately owned upper floors providing nine studio and five one-bedroomed flats accessed from Salter Street and known as No. 28.
The units are tenanted on full repairing and insuring leases with the upper floors subject to a long leasehold interest.
The proposed redevelopment of the former Co-op department store opposite should enhance the location going forward.
The property comprises two retail units forming the ground floor of a three-storey building with the separately owned upper floors providing nine studio and five one-bedroomed flats accessed from Salter Street and known as No. 28.
The units are tenanted on full repairing and insuring leases with the upper floors subject to a long leasehold interest.
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Monthly repayment
£1,750 per month
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