Retail premises for sale in High Street, Uttoxeter ST14

Key Points

Investment Opportunity

Prime location within Uttoxeter town centre

Single long term tenancy

Private parking to the rear

Large public car parks in close vicinity

Well presented property

Description

The property is an attractive mid-terrace two storey commercial building with a recessed frontage, timber sash windows and beneath a pitched roof. There is parking along the rear elevation forming part of the property.
Internally, the property provides a generous sized retail area with suspended ceiling and air-conditioning. A stud partition creates the divide with the storage area to the rear and staircase to the first floor.
The first floor provides further storage, with office, kitchen and staff ladies & gents WCs located to the front elevation.
The premises are occupied by Friary Shoes Limited, a long-established business we understand have been in the existing premises since 1988 and have recently completed a Lease renewal.

Tenure

The property is freehold and let entirely to Friary Shoes Limited on a full repairing and insuring Lease from 29th September 2023 for a term of 10 years at a passing rent of £26,500 per annum, with 5th year rent review and Tenant option to determine.

Location

The property is located centrally within the pedestrianised area of Uttoxeter High Street, within close proximity of the extensive public parking facilities provided within The Maltings.
The property is within close proximity to notable occupiers including Boots, Greggs, wh Smiths, Costa Coffee, Card Factory and Barclays Bank.

Availability_Text

The accommodation comprises the following areas: