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35-37 Twigg St

1,757 SF 100% Leased Retail Building Stoke On Trent ST2 0JE $253,161 ($144/SF) 7.50% Cap Rate

Storefront Properties Staffordshire Stoke On Trent 35-37 Twigg St, Stoke On Trent, STS ST2 0JE

Investment Highlights

  • Forming part of a popular terrace of mix use commercial uses
  • Commercial investment property let to Coral Racing Ltd
  • Double fronted property with three bed flat above (un-used)

Executive Summary

Available freehold, subject to contract and the existing lease, a copy of which can be made available.
The whole property is let to Coral Racing Ltd (Company number: 00541600) by way of a 5 year Full Repairing and Insuring lease, which commenced 15th May 2023 and expires 14th May 2028. There is a tenant break effective 24th March 2026, (six months notice period). The passing rent throughout the term is fixed at £15,000 pax.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,757 SF
Year Built
1976
Price
$253,161
Price Per SF
$144
Cap Rate
7.50%
NOI
$18,987
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Land Acres
0.02 AC
Frontage
25 FT on Twigg Street
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+44 1782 383295

  • Listing ID: 32767793

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 35-37 Twigg St, Stoke On Trent ST2 0JE

The Retail Property at 35-37 Twigg St, Stoke On Trent, ST2 0JE is currently available For Sale. Contact Rory Mack Associates Ltd for more information.

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35-37 Twigg St
+44 1782 383295 x

35-37 Twigg St

Martin Grainger

+44 1782 383295

+44 1782 383295

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