11 St Mary's Gate, Stafford
- For Sale
- Offers in region of £125,000
480 sq.ft. (44.59 sq.m.)
- Tenant not affected
- Currently producing £9,950 per annum
- Close to McDonalds
- Central location
- Rare opportunity to purchase a town centre freehold investment
The property is situated in Stafford town centre on the south side of St Mary's Gate just off Greengate Street, adjacent to MR SIMMS OLD SWEETE SHOP and opposite MCDONALDS. St Mary's Gate is a short trading stretch linking Greengate Street, a major part of the main shopping thoroughfare, to the Grade I listed St Mary's Church and surrounding retailing.
The premises comprise one of a pair of retail units located at the rear of the 16thCentury Ancient High House and are of two-storey brick and tile construction, with the ground floor enlarged at the rear by way of a flat-roofed extension, and provide retail space with ancillary accommodation above.
The property is currently used as a body art studio and is subject to a short-term letting arrangement providing a rental income and is being sold with the tenancy in place. The tenants have indicated a willingness to enter into a longer term arrangement.