55 Greengate Street, Stafford, Staffordshire, ST16 2JE

Description

The three storey premises comprise a self-contained ground floor retail unit let to JG Foods Ltd trading as Grapetree. In addition, first and second floor accommodation accessed via a self-contained ground floor entrance to the rear, which has been refurbished to a high standard, and would suit an office user or alternatively have potential for conversion to residential.

Location

The three storey premises are prominently situated on the pedestrianised Greengate Street in the heart of Stafford town centre. The property is situated between Market Square and St Mary's Passage with notable retailers in close proximity to include Clintons, Starbucks, W H Smith, McDonald's Greggs and Waterstones.

Floor Areas

Ground floor retail 165.36 sq m / 1,780 sq ft
First and second floor office accommodation 179.76 sq m / 1,935 sq ft

Terms

Freehold, subject to the tenancy on the ground floor which is let to JG Foods Ltd trading as Grapetree on a 10 year lease subject to rent review and tenant only break clause at the 5th anniversary at £25,000 pa from 29th September 2022.

Money Laundering

In accordance with Anti Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant. For a company, any person owning more than 25% must provide the same.

Legal Costs

Each party will be responsible for their own legal costs incurred in the transaction.

Accommodation