Commercial Investment, St. John Street, Lichfield
- PROPERTY TYPE
Retail Property (high street)
- SIZE
1,130 sq ft
105 sq m
Key features
- Freehold Commercial Investment
- Prominent corner position in Lichfield
- Currently producing £21,000 per annum
- Entirely let to an individual on a lease expiring in 2038
- Gas Central Heating
- 3 car spaces
Description
Jayman Commercial are pleased to offer this rare freehold commercial investment prominently located on St John Street in the centre of Lichfield. The property comprises a ground floor retail unit currently trading as a convenience store with a 2 bedroom flat above. The flat has it's own access from the rear and is separately metered with gas central heating.
The property is let in it's entirety for 20 years from April 2018 at a current rent of £21,000 per annum with rent reviews every 3 years. (we believe this to be under current market value allowing the buyer to increase the rent in April 2027). Three car spaces are included with the property. Offers in excess of £400,000 are invited for the Freehold interest.
Brochures
St John St 17 Details final.pdfEPCCommercial Investment, St. John Street, Lichfield
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lichfield City Station0.2 miles
- Lichfield Trent Valley Station1.2 miles
- Shenstone Station3.0 miles
Notes
Disclaimer - Property reference 33370591. 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 Jayman, Lichfield. 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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