£275,000

Retail premises for sale

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Freehold

Guide price

£275,000

Retail premises for sale

Market Street, Tenbury Wells WR15

Local area information

Property location

Nearby amenities

  • Burford CofE Primary School 0.4 miles
  • Tenbury CofE Primary School 0.4 miles
  • Ludlow 6.6 miles
  • Leominster 8.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • A3 Retail Use - Currently Vacant
  • Excellent Triple Display Windows
  • Prime Location
  • Good Pedestrian Footfall
  • Suit a Variety of Uses
  • Income producing Flat on First Floor
Detailed Description

Valuable freehold investment property comprising of an Established retail premises in the town centre with living accommodation over

Location/Situation: Located on Market Street next to the Royal Oak pub (closed) in the heart of the Market town of Tenbury Wells. The situation affords good pedestrian flow during day and evening

Description: An excellent shop front with three display windows and two doors which would allow the unit to be split into two outlets. Previously operated as a bread shop and cafe for most of this century, it has been occupied by Singapore Gardens, an oriental restaurant. The property historically traded as two shops and the configuration of WC's etc would allow this configuration once more

Accomodation: Zone A retail 53.1 sq m
Zone B retail 21.13 sq m

Arranged over Ground Floor
Front shop/dining area accessed off Market Street

Rear Shop/Dining Area

Production Area: With rear access and extractor stack externally

Two Store Rooms

Customer Toilets: Male with WC, urinals and hand basin
Female with two WC's and hand basin

Staff Toilet: With WC and hand basin

First Floor (Residential Accommodation): The flat comprises of kitchen, living room, bathroom and two bedrooms
nb. There is potential to create a second smaller flat (subject to planning consent and Building Regulations)

Rear: The property benefits from pedetrian access to the side leading to a small yard with access to the flat

Energy Performance Certificate (EPC): The agent understands that the property is listed and thus EPC exemption applies

Outgoings: Ground Floor Rateable Value £7,500
First Floor Council Tax Band B
nb> This is below the threshold for sbrr therefore most occupiers would pay no rates at present

Planning: The property is Grade II listed and lies in the Tenbury Central Conservation Area

Tenure: Freehold
Ground Floor is vacant
First Floor is let on an Assured Shorthold Tenancy producing £5,000 per annum

Fixtures & Fittings: By negotiation

Directions: From the Teme Bridge, proceed along Teme Street, turn right into Market Street. The property is third on the right adjacent to the Royal Oak public house

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  2. Commercial for sale
  3. Worcestershire
  4. Tenbury Wells
  5. Market Street