Situated in the heart of Stafford, the economic powerhouse of Staffordshire, this standout retail investment sits on Greengate Street, the town’s prime retail thoroughfare.
Let in its entirety to TG Jones Retail Holdings on a 10-year lease - expiring December 2035, with a tenant break option in 2030 - this freehold property generates a rent of £70,000 per annum and has the added benefit of a busy Post Office kiosk on the first floor.
With a £70m regeneration programme transforming the town centre, Stafford is firmly on the up, and this prominently positioned property sits at its heart, offering a secure and compelling income.
We’ve been instructed to seek offers in excess of £875,000 for the freehold interest in 2/3 Greengate Street, reflecting an 8% net initial yield.
Take a look at the brochure below, then for further information speak to Graham Fawcett, Patrick Kilvington or Oliver Smart.
Stafford 2 3 Greengate Street Brochure