Commercial Investment Staffordshire ST3 £350,000
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Auction date: Wed, 14/07/2021 - 11:00
This substantial three storey building consists of retail units to the ground floor with offices to the two floors above. The building is let out in part (2 out of 6 units) producing a current rental income of £9,000 plus VAT per annum. We understand that pre-lockdown 4 of the 6 units were let out generating £31,100 per annum. The building offers excellent potential for development and we are informed that the vendors' architects have indicated that a scheme of 16 flats may be possible for this building.
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