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First Floor, 21 High Street, Uttoxeter, Staffordshire, ST14 7HN

Offers Over
£125,000

£79.21 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

1,578 sq ft

147 sq m

SECTOR

High street retail property for sale

Key features

  • RESIDENTIAL CONVERSION OPPORTUNITY
  • Town Centre Location
  • Dedicated rear residential lobby

Description

Location

The subject property occupies a prime location on High Street, Uttoxeter near to Bear Coffee, Fueled, Barclays Bank, ASDA, Home Bargains and Barnardo's.

Description

The property is connected to Carters Square retail scheme which serves as the town's prime retailing location and offers an opportunity to convert the space into 3 x 2-bed apartments, subject to planning.

Tenure Comments

The property is available by way of a new long-lease (250 years) at a peppercorn rent. All necessary rights to redevelop / refurbish the space will be granted and associated rear access.

EPC

EPC: C (66). Valid until April 2034.

Insurance

The freeholder insures the whole of the premises and will recharge an appropriate and reasonable proportion to the long-leaseholder on an annual basis.

Planning

The buyer will be responsible for obtaining the necessary planning permission for the conversion.

VAT

The property is elected for VAT.

Legal Costs

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

Brochures

First Floor, 21 High Street, Uttoxeter, Staffordshire, ST14 7HN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Uttoxeter Station0.4 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 383FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Creative Retail, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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