Retail/Residential Investment Property FOR SALE.
Location
The property is prominently located in the centre of Hednesford on the edge of Cannock Chase.
Accommodation
The building comprises a refurbished three storey period brick and tile building with rear two storey and part single storey rendered extensions.
There is vehicular and pedestrian access to the rear off Eskrett Street, leading to private rear car parking.
The ground floor retail unit (approximately 662 sq.ft. net internal) has access directly off Market Street and comprises a retail unit – most recently used as a betting shop. The upper two floors comprise 5 apartments with independent access.
TOWN CENTRE REDEVELOPMENT
St. Modwen Developments is now on site with both Phases I and II of the Hednesford Gateway development. The two sites are shown on the attached plan in the context of the property (coloured red). Once completed, these two developments will substantially improve the town centre facilities and retailing environment.
The schemes will incorporate a new 80,000 sq.ft. Tesco, a bingo hall, retail units, office and community space. Full details can be seen at Cannock Chase Council offices.
Terms
The property is available freehold subject to the existing lease to Betsharpe Ltd. and five Assured Shorthold Tenancies.