64 - 70 High Street, Newcastle Under Lyme, STS

The property comprises an attractive three storey period building of sand stone construction. The property benefits from designated car parking to the rear of the property.
The property is located in a prime position on the pedestrianised High Street, adjacent to various multiple retailers and in front of a multi-storey car park. The property is within 1.2 miles of Etruria Railway Station.

Sale Notes:
The available investment comprises a Freehold Bank Investment offering IY 5.30%.
The property is let to HSBC Bank Plc for 15 years from 31 July 2006, FRI at a current rent of £70,000 p.a. with 5 yearly rent reviews. The lease incorporates a tenant’s option to break at the end of the year 10 and an option for HSBC to take new lease for a further term of 15 years on the same terms with a rent review on the second day of the term.