54, 55 and 56 Foregate Street, Stafford

The properties are prominently situated on the east side of the A34 Foregate Street at its junction with St Patrick's Street about half a mile north-west from Stafford town centre.

The area is characterised by a mixture of commercial and residential uses. The Madford Retail Park is directly opposite with Lidl, Currys and Wickes represented thereon, together with several smaller retail outlets. Halfords and Magnet also have trading presences nearby.

The property comprises three retail units forming part of a terrace, No. 54 being of two-storey brick and tile construction with Nos. 55 & 56 being single-storey and built in brick with a flat roof covering.

No. 54, which also incorporates No. 2 St Patrick's Street, is located on the corner, is now vacant having been previously used for many years as a hairdressing salon and provides ground floor retail space with the first floor used in the past for residential purposes. The previous rental was £10,950 per annum.

Nos. 55 & 56 is tenanted as one unit, is let on a full repairing and insuring lease, has been extended at the rear and currently trades as a European Restaurant specialising in Italian cuisine with a takeaway service.

The availability of the property offers an ideal opportunity for a purchaser to acquire a freehold income producing investment potentially offering redevelopment potential at a future point and is likely to be of particular interest to an investor who might look to letting out the vacant part or a buyer occupying that for their own retail business.