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Investment Highlights

  • A two storey purpose built freehold medical centre.
  • NHS backed income.
  • Asset management potential (38% patient increase over 2 years).
  • NIA approx. 4,933 sq ft (458.3 sq m).
  • Let on a 21 year lease expiring 20.11.2045.
  • Development potential (subject to necessary consents).
  • Benefitting from 41 space car park and additional land.
  • Investment let at £88,165 p.a. (7.67% GIY on Guide Price).

Executive Summary

Lot 232 is available by way of Savills Online Auction 22nd April 2026
A two storey purpose built freehold medical centre and pharmacy benefitting from NHS backed income.
Comprises approximately 4,933 sq ft (458.3 sq m) NIA. Let on a 21 year lease with 19 Years Unexpired (20.11.2045).

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Drug Store
Building Size
4,933 SF
Building Class
B
Year Built
1987
Price
$1,650,688
Price Per SF
$334.62
Tenancy
Single
Building Height
2 Stories
Building FAR
0.12
Lot Size
0.91 AC

Amenities

  • 24 Hour Access

Nearby Major Retailers

Costa Coffee
Starbucks
Caffè Nero
Iceland
Sainsbury's
Lidl
HSBC
eurochange
Nando's
Zizzi
  • Listing ID: 40160075

  • Date on Market: 4/15/2026

  • Last Updated:

  • Address: Castle Way, Stafford ST16 1BS

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