- 27-31 High Street, Stone, Staffordshire ST15 8AJ
- Three retail units
- Guide Price £750,000 for the freehold
The Prime retail investment comprising three separate purpose built High Street retail premises let to WH Smiths, Ladbrokes and Card Factory (T/a Sportswift Ltd).
The investment comprises three separate purpose built High Street retail premises, of modern brick construction surmounted by a pitched tiled roof to the front with flat roofs to the rear.
The guide price is at £750,000 with the properties producing a gross annual income of £60,500 per annum. This represents a net initial yield of 7.60%
Stone is an old market town in Staffordshire situated 7 miles north of Stafford and 7 miles to the south of the city of Stoke on Trent. This is the second town after Stafford itself in the borough of Stafford with the town having excellent road communications with junctions 14 and 15 of the M6 motorway both being within 5 miles of the town centre. The town has a resident population of circa 14,555 residents with several multi traders represented within the main retail area.