* Freehold
* For sale as a vacant freehold property with conversion potential
* Ground floor retail: 1, 290 sq m (13, 890 sq. Ft)
* Site area 0. 3ha or 0. 8 acres
* Ground floor retail with post office
* Three first floor apartments
* Apartments have private access
* Car parking at rear of property
* Walking distance to train station
* Close to local high streets
* Unconditional offers invited
For lease or sale (freehold) this retail unit is available with storage on the
ground floor and an additional three self - contained, two - bedroom residential
apartments on the first floor. The apartments also include their own access
off Market Street.
The property is a prominent feature in the village fronting out onto Market
Street with a set back entrance store and car parking to the rear of the
property. The first - floor apartments and ground floor post office will be
vacant upon completion.
**
Location Highlights**
The property is located on Market Street in Penkridge in South Staffordshire.
It is approximately 10 miles from Wolverhampton City Centre and 7 miles from
Stafford Town Centre. The Town Centre is within walking distance of the train
station.
The property is situated within an expanding residential area with newly
completed developments. As well as having a retirement home, there are several
pubs, a church, nursery and a school all located in the village. The property
is on the local high street which features several hairdressers, estate
agents, antiques shop and haberdashery.
**
Services and Planning**
There is a covenant that requires public access to the rear of the car park
identified on the title plan and shown on the shaded blue area of the map. A
private car park to the Mill Street entrance is accessed via the Co - op land.
The ownership of the private car park is yet to be identified and confirmed on
the land registry. Avison Young is not aware of any formal or informal
arrangement.
Main services are available at the property though purchasers should check for
themselves the capacity and sustainability.
The property is not within a Conservation area.
A high - level planning summary review was conducted in 2022.
Any change of use and redevelopment would be subject to planning permission.
**
Viewing**
All parties wishing to inspect the property are required to make prior
arrangements with Avison Young. It is intended that a number of viewing days
will be arranged during the marketing period.
**
Bullets Points 1**
For sale as a vacant freehold property with conversion potential
**
Bullets Points 2**
Ground floor retail: 1, 290 sq m (13, 890 sq. Ft) **
Bullets Points 3**
Site area 0. 3ha or 0. 8 acres
**
Bullets Points 4**
Ground floor retail with post office **
Bullets Points 5**
Three first floor apartments **
Bullets Points 6**
Apartments have private access
Car parking at rear of property
Walking distance to train station

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