Commercial Investment for Auction Staffordshire ST13

Guide price £175,000. The property comprises a high yielding retail investment opportunity. Arranged across basement, ground, first and second floors, the property comprises two retail units which are interlinked at the rear to form a single contiguous space with effectively a double frontage. The ground floor and basement is let on a five year lease expiring in 2027, and paying £19,500 per annum. The lease is on effective full repairing and insuring terms and has no breaks. The upper parts comprise office accommodation and are sold off on a long leasehold basis paying a peppercorn rent. The property offers asset management potential and medium/long term development potential as it could evidently be split in the future to provide two retail units (subject to the existing leases and obtaining any requisite consents).