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RETAIL INVESTMENT - STONE DEAL ANNOUNCEMENT

Silverstar Properties Limited have purchased 34 High Street, Stone, a freehold retail investment property occupying a prime trading position on the main shopping thoroughfare of this busy market town. Located between Clinton Cards and Heron Foods and close to a number of other national multiple retailers including Boots and TUI Travel, this three-storey building is subject to a lease to Cancer Research UK and produces a current rental income of £12,000 per annum. Millar Sandy marketed the property on behalf of a private landlord client with a guide price of £150,000.