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It just goes to show how little credibility Stafford’s shopping area has in the eyes of external investors, when a major building like that, probably the second largest shop floor space in the town after the old Co-Op, situated on the main shopping street, fails to even reach its guide price, and ends up having to be sold for the price of a small house.
Utter tosh again.
Yet the building that the Halifax lease just sold for 850k.....hardly a lack of confidence.
You really shouldn't bite you know.
Yes, plenty of confidence for a bank that is tied to a long lease
Very little confidence that the old M & S will find a tenant hence the ridiculously low price of 300k
Also, the old Arcadia store is available to rent at 27.5k, which again shows the desperate state of that area of Stafford. That building used to fetch upwards of £75k per annum.
Totally off topic, but you almost got the song title right:Trout Mask Replica
It won't take long to fit it out...Indeed, there are jobs being advertised for it now online, which is a bit weird since the place has been fully gutted internally, but work has yet to start putting it back together again.
Not enough arseh*les needing to be saved, then.