01785 244400

STAFFORD - NEW LEISURE INSTRUCTION

Millar Sandy have been instructed to market The Stafford Cinema, Newport Road, Stafford, by the freeholder, Eros Properties Limited. Built in the 1930s as an Odeon in a style typical of the time, the property is prominently situated at the south end of the town centre close to the new Riverside leisure development and provides three screens with a total seating capacity of 610. Subject to the appropriate planning consent, the building would be suitable for alternative entertainment uses including a nightclub, restaurant or bar and is available for either purchase or lease with an asking guide price of £750,000. The property includes two small retail units which have been producing a rental income of £14,500 per annum by way of sub-lettings.