BTG Eddisons Property AuctionsAuction method:Traditional
Auction Date:30 April, 2026
Item 1 of 3
Item 1 of 3
7 Lad Lane, Newcastle, Staffordshire ST5 1RE
7 Lad Lane, Newcastle, Staffordshire ST5 1RE
£100,000
Commercial
Available
BTG Eddisons Property AuctionsAbout this Property
30 April 2026
Available
£100,000
Traditional
Commercial
Description
The property is a freehold investment opportunity located in a pedestrianized town center. It is currently let to two tenants, generating a total income of £11,000 per annum, which will increase to £11,500 in 2027 and to £12,000 in the third year. The ground floor is leased for £7,000 per annum, with scheduled increases to £7,500 and £8,000 in the subsequent years, while the first and second floors are leased to a watchmaker for £4,000 per annum. Mains electric, water, and drainage are connected to the property.
Location
More Information
Freehold
Lad Lane
Property History
01 Feb 1999Sold£75,000
25 Aug 2023Sold£100,000
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