Sponsored Find a Solicitor — free quotes via ReallyMoving
Land
Next Steps
Sponsored — free quotes via ReallyMoving
Find a Solicitor
Land purchases need specialist legal advice — compare fees
Our Summary
- Development potential (STP)
Get alerted when similar properties are listed — Subscribe
Description
This property is a car park investment located approximately 1.5 miles west of Stoke city centre, situated next to Harplands Hospital and the Royal Stoke University Hospital. The property extends to 1.73 acres and has around 250 marked parking spaces on a tarmac surface. The freehold property is let to two operators, producing a combined annual income of £189,583, with an operational agreement in place with Bank Parking for three years, generating £150,000 per annum.
Additionally, the property receives a licence income of £3,298.61 per month from the North Staffordshire Combined Healthcare NHS Trust, making it an attractive investment opportunity for those seeking a stable income stream.