Enderley Street - Jewson Ltd And Comet Group Plc, Newcastle Under Lyme, STS

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Jewson Ltd And Comet Group Plc Enderley Street

Newcastle Under Lyme, ST5 2LE

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Property type:Retail Sub type:Retail Out of Town Status:Existing Year built:1980

Building size:17,929 sq ft

For sale price:£1,625,000 Price:£90.64 sq ft

Yield:6.60 %

The property comprises a modern retail warehouse divided into two units, with car parking for approximately 75 cars to the front and rear servicing accessed via Enderley Street.
The property is situated approximately 200 yards north of the Newcastle under Lyme town centre ring road, on the busy A34 dual carriageway.

Sale Notes:
The available space comprises a Freehold retail warehouse/trade counter investment offering 6.60%
Unit 1: Let to Soundtwice Ltd (Comet Group Plc act as surety) for 25 years from 29 September 1986 at a current rent of £46,500 p.a. FRI, 5 year reviews. This has been sublet to Alan Ward Home Furnishing Ltd
Unit 2: Let to Jewson Ltd ( t/a Graham Building Merchants) for 25 years from 16 July 1987 at a current rent of £60,000 p.a. FRI, 5 year reviews.

CLICK HERE TO CONTACT THE SELLING AGENT

SELLING AGENTS

Suttons Commercial

Rajiv Sabharwal

020 7664 8699

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