Part‑let building with immediate income and clear upside from vacant upper floors.
Prominent Front Street high‑street location
A prominent mid-20th-century commercial building on Stanley’s main high street, already producing immediate income from a fully let ground floor. The current tenant generates £16,000 per annum while the upper floors are vacant and ready for office, retail or alternative commercial use — offering straightforward scope to increase rental income.
The property benefits from a central location surrounded by national and independent retailers, frequent bus links and good road connections to the A693 and A1(M). The shop-front with large display windows and flexible multi-floor layout make this a versatile asset for a business occupier or a landlord looking to improve yields.
Buyers should note material negatives: the local area is classified as deprived with very high crime levels, broadband speeds in the immediate area are slow, and tenure details are currently unknown. These factors will influence tenant demand and management costs and should be factored into valuation and financing decisions.
Overall, the building suits investors or operators seeking a hands-on opportunity to add value by letting the upper floors, refurbishing for higher-grade tenants, or repurposing spaces. The property’s prominent frontage and steady ground-floor income provide a foundation for growth, but realistic budgeting for refurbishment, security measures and tenant attraction is essential.
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