Rushton Hickman has sold 5 High Street in Woodville. The premises is prominently positioned on the A511, next to the ‘Clock Garage’ roundabout where large occupiers are situated including Asda Petrol Station and Kwik Fit.
The two-storey premises comprises a sales area on the ground floor retail space with first floor residential accommodation with separate access.
Mr Sharp, the purchaser, said: “I’m pleased to have bought this asset, it’s a stable long-term investment that provides better value for money than the equivalent residential asset.”
Taylor Millington, senior agent, added: “During our initial viewing with Mr Sharp he expressed his interest in the premises and how this vacant possession purchase would be brilliant to add to his portfolio after some internal decoration works are completed, and he can find some new tenants.
“Having met Mr Sharp at the property after the sale completed, we’re in discussion in working with him to provide him with advice over the ground floor tenancy and hope to wrap a letting for him up swiftly.”
The landlord was represented by Taylor Millington and Steph O’Leary at Rushton Hickman, working alongside Matthew Throne of Thomas Flavell & Sons Ltd, while Mr Sharp was represented by Andrew Carmichael of Ratio Law LLP.
