55 Greengate Street, Stafford
- Type:
- Investment
- Status
- For Sale
- Price:
- Offers in region of £350,000
- Size:
-
3,715 sq.ft. (345.13 sq.m.)
- Opportunity to acquire a freehold in the centre of Stafford
- Ground Floor let to Grape Tree, a national retailer
- Residential development opportunity on upper floors
- Adjacent to Waterstones and opposite TG Jones (rebranded WH Smith)
- Pandora, Clintons, McDonalds, Greggs, Polka Dot Travel and Boots close by
- Prominent prime retail location
- Vehicular servicing at rear
The property is prominently situated in Stafford town centre in a prime trading location on the west side of the pedestrianised Greengate Street, between its junctions with Market Square and St Mary's Passage and adjacent to WATERSTONES. Branches of BOOTS, MCDONALDS, WH SMITH, STARBUCKS, GREGGS, TIMPSON, PANDORA and CLINTONS are located in the immediate vicinity.
The property comprises a three-storey brick and tile building providing accommodation arranged on the ground, first, and second floors with the benefit of rear vehicle servicing from St Mary's Place
The ground floor retail unit is currently let to JG Foods Limited trading as Grape Tree, a retailer of health foods and wellbeing products with over 165 branches nationwide.
The first and second floor accommodation is accessed via a self-contained entrance from the rear and has been refurbished to a high standard. The space would suit an office user but also has the potential for conversion to residential.
The availability of the freehold interest in the property offers an ideal opportunity for an investor to acquire a prime located income producing investment with residential development possibilities in relation to the upper floors.
