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106-110 Fernwood Dr
4,818 SF Retail Condo Unit Offered at $575,117 in Rugeley WS15 2PY
Investment Highlights
- Popular neighbourhood parade
- Not be used for Convenience Store or Alcohol use
- Potential conversion to Residential /alternative uses
Executive Summary
The premises comprise ground floor retail unit together with two self contained flats to the first floor. The ground floor which has previously been used as a convenience store comprises retail sales area together with ancillary store/staff facilities. The first floor provides two self contained flats with access by way of an external staircase (not inspected). There is a shared parking area to the front of the property and service access to the rear. The property is situated in an established neighbourhood shopping parade, known as Fernwood Centre comprising of 12 similar units let to predominately local traders. Spar Convenience store is located on Green Lane on the entrance to the parade. Rugeley is a market town situated at the edge of Cannock Chase and with a population of about 23,000, is a short drive to the south via Western Springs Road (A51).
Property Facts Sale Pending
| Price | $575,117 | Sale Type | Investment or Owner User |
| Unit Size | 4,818 SF | Building Class | B |
| No. Units | 1 | Floors | 2 |
| Total Building Size | 13,819 SF | Typical Floor Size | 13,819 SF |
| Property Type | Retail (Condo) | Year Built | 1982 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 1.46 AC |
| Price | $575,117 |
| Unit Size | 4,818 SF |
| No. Units | 1 |
| Total Building Size | 13,819 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 13,819 SF |
| Year Built | 1982 |
| Lot Size | 1.46 AC |
1 Unit Available
Unit 107-110
| Unit Size | 4,818 SF | Condo Use | Retail |
| Price | $575,117 | Sale Type | Investment or Owner User |
| Price Per SF | $119.37 | Tenure | Freehold |
| Unit Size | 4,818 SF |
| Price | $575,117 |
| Price Per SF | $119.37 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
Description
The premises comprise ground floor retail unit together with two self contained flats to the
first floor. The ground floor which has previously been used as a convenience store
comprises retail sales area together with ancillary store/staff facilities. The first floor
provides two self contained flats with access by way of an external staircase (not inspected).
There is a shared parking area to the front of the property and service access to the rear.
Sale Notes
Freehold with vacant possession.
NB - a restriction not to use the premises for convenience store will be required.
Amenities
- Courtyard
- Automatic Blinds
- Storage Space
Nearby Major Retailers
-
David Hemming -
Burley Browne
Learn More About Investing in Retail Properties
Presented by
106-110 Fernwood Dr
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