Retail premises for sale in Newboults Lane, Radcliffe Road, Stamford PE9, £425,000

425,000.00

Offer Nr.:
65492277
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
P & F Commercial
Phone(s):
01664 518993

* Freehold
**Key Points**
* Income producing £29, 000 per annum
* Long standing tenants
* Located in the affluent town of Stamford
* New long term leases in place
* Finance available / good pension investment
* Lower are first floor tenants
**Description**
5 Chayne lane - A large attached brick built property with a rendered finish
is the home of two local business, on the ground floor there is a long
standing caffe'/ restaurant operator and on the upper floor a well positioned
hairdresser.
**Viewings**
Strictly by prior appointment via the sole agents P & F Commercial Tel: Or via
email
**Location**
Located in the Centre of Stamford and approximately 50m from the High Street.
Stamford is a historic market town that boasts 11 churches, 30 pubs and over
10 quality hotels and guest houses. The property benefits from high foot fall
due to being close to car parks and the weekly markets. Stamford is approx. 90
miles North of London and has excellent road and rail connections via the A1
and the main East Coastline.
**Terms**
Offered for sale as a freehold investment.
5 Cheyne Lane Stamford is offered with tenanted possession, The ground floor
are in negotiations for a new 10 year lease and will be in place prior to
completion. The first floor is currently acting out a 3 year lease term which
commended Nov 22'
Guide price £425, 000
**Services**
All mains services are connected to the property to include mains gas,
electric, water and drainage. These services haven't been tested by the agent.

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