Close Menu

© 2021

Louis Taylor|

Privacy Policy

Scroll

arrow
18870
Back to Results

£350,000

Dove Bank, Uttoxeter, Staffordshire, ST14

The premises comprise a substantial detached period building constructed principally of brick set beneath a series of pitched roofs with accommodation arranged as a series of rooms over two floors plus converted attics, cellar and outside store. The building occupies an elevated position set back from the main road with a small forecourt and larger surfaced area at the rear. The property has for many years been occupied for use as a children's day nursery and currently trades as Kensington House Nursery.
Download Brochure Download Brochure
Enquire
Calculate Stamp Duty
  • Property Details

The premises comprise a substantial detached period building constructed principally of brick set beneath a series of pitched roofs with accommodation arranged as a series of rooms over two floors plus converted attics, cellar and outside store. The building occupies an elevated position set back from the main road with a small forecourt and larger surfaced area at the rear. The property has for many years been occupied for use as a children's day nursery and currently trades as Kensington House Nursery.

  • Freehold Investment Property
  • Comprising a substantial detached period building let to Alpha Nurseries Ltd t/a Kensington House Nursery
  • Prominently located fronting Dove Bank (A522) being close to the town centre and about 0.6 miles from the M50
  • NIA of about 241.09 sq m (2,595 sq ft)
  • Let on a 30 year (expiring 12/6/27) tenant's FRI lease, subject to four yearly upward only rent reviews (next review date 13/6/21)
  • Current rent passing: £30,595 per annum
  • Price: Offers Around £350,000, reflecting a gross yield of about 8.74%