Property photos
Freehold
Offers in region of
£385,000
Retail premises for sale
Teme Street, Tenbury Wells WR15Local area information
Property location
Nearby amenities
- Burford CofE Primary School 0.3 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
- Freehold Investment
- Town Centre Location
- 2 Commercial Lettings
- Development Potential
- 2 Residential Lettings
- Passing Rent c.£17,935 pa
Detailed Description
Valuable mixed-use freehold investment in town centre with potential for asset management
Location / Situation: The proeprty is situated on the east side of Teme Street, close to its junction with Market Street, Teme Street is in the town's main commercial thoroughfare and a range of national and independent retailers are present including, Tesco, Spar (encorporating the Post Office) and the town's social and leisure facilities including, doctors, dental surguries, theatre and library
No.10 Teme Street: Ground floor
(ta Teme Valley Carpets)
with steps off Teme Street and side doors off yard
Front-Showroom 27'4" x 11'1" (8.33m x 3.38m)
Rear-Showroom 3'6" x 10'6" (9.60m x 2.69m)
Stores
WC's (Male/Female)
Kitchen 17'4" x 8'10"
FLAT1
A duplex flat arranged over first and second floors and accessed via an external staircase.
Accommodation comprises of:
First floor
Lobby
Kitchen 18'11" x 8'2" (5.76m x 2.48m)
Lounge 14'6" x 9'5" (4.42m x 2.86m)
Bathroom 7'11" x 6'5" (2.42m x 1.96m)
Second floor
Bathroom
Bedroom 1 13'9" x 9'9" (4.2m x 2.98m)
Bedroom 2 19'4" x 8'4" (5.89m x 2.53m)
Box Room 1 18'0" x 5'9" (2.45m x 1.74m)
Access to roof of hall
flat 2
first floor in return 2 storey wing accessed via external staircase. Accommodation comprises of:
Lobby
Sitting Room
Kitchen
Bathroom
Bedroom
Description: The property is accessed via a shared courtyard and comprises of a three storey Victorian building with two-storey return wing. Retail use is sited on the ground floor with two residential apartments and a small office on the upper floors
Office Suite: Accessed off external stair
outside: Access to the property is via a full height vehicular door shared with the front and rear of No. 12 Teme Street. The yard ownership is split with No.12 and there are mutual rights of way etc. Which prevent parking. The yard is covered, in part, by a steel framed building covered with corrugated sheets
Tenure: The property is available freehold
(subject to the following tenancies)
Ground Floor Shop
Subject to a 10 year lease from 1.7.2018, current rent passing £6,475 (plus £300 insurance rent) pa
Flat 1 AST £450pcm (£5,400 pa)
Flat 2 AST £380pcm (£4,560 pa)
Office Suite £1,500pa on informal tenancy afreement
Planning: The property is situated in the town's Central Conservation Area. The property has been used as a carpet shop, restaurant and general store in recent years. It was for many years, the town bakery
Directions: 10 Teme Street is situated on the east side of Teme Street and is within 50m of its junction with Market Street
Valuable mixed-use freehold investment in town centre with potential for asset management
Location / Situation: The proeprty is situated on the east side of Teme Street, close to its junction with Market Street, Teme Street is in the town's main commercial thoroughfare and a range of national and independent retailers are present including, Tesco, Spar (encorporating the Post Office) and the town's social and leisure facilities including, doctors, dental surguries, theatre and library
No.10 Teme Street: Ground floor
(ta Teme Valley Carpets)
with steps off Teme Street and side doors off yard
Front-Showroom 27'4" x 11'1" (8.33m x 3.38m)
Rear-Showroom 3'6" x 10'6" (9.60m x 2.69m)
Stores
WC's (Male/Female)
Kitchen 17'4" x 8'10"
FLAT1
A duplex flat arranged over first and second floors and accessed via an external staircase.
Accommodation comprises of:
First floor
Lobby
Kitchen 18'11" x 8'2" (5.76m x 2.48m)
Lounge 14'6" x 9'5" (4.42m x 2.86m)
Bathroom 7'11" x 6'5" (2.42m x 1.96m)
Second floor
Bathroom
Bedroom 1 13'9" x 9'9" (4.2m x 2.98m)
Bedroom 2 19'4" x 8'4" (5.89m x 2.53m)
Box Room 1 18'0" x 5'9" (2.45m x 1.74m)
Access to roof of hall
flat 2
first floor in return 2 storey wing accessed via external staircase. Accommodation comprises of:
Lobby
Sitting Room
Kitchen
Bathroom
Bedroom
Description: The property is accessed via a shared courtyard and comprises of a three storey Victorian building with two-storey return wing. Retail use is sited on the ground floor with two residential apartments and a small office on the upper floors
Office Suite: Accessed off external stair
outside: Access to the property is via a full height vehicular door shared with the front and rear of No. 12 Teme Street. The yard ownership is split with No.12 and there are mutual rights of way etc. Which prevent parking. The yard is covered, in part, by a steel framed building covered with corrugated sheets
Tenure: The property is available freehold
(subject to the following tenancies)
Ground Floor Shop
Subject to a 10 year lease from 1.7.2018, current rent passing £6,475 (plus £300 insurance rent) pa
Flat 1 AST £450pcm (£5,400 pa)
Flat 2 AST £380pcm (£4,560 pa)
Office Suite £1,500pa on informal tenancy afreement
Planning: The property is situated in the town's Central Conservation Area. The property has been used as a carpet shop, restaurant and general store in recent years. It was for many years, the town bakery
Directions: 10 Teme Street is situated on the east side of Teme Street and is within 50m of its junction with Market Street
More information
Listed by
Franklin Gallimore
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Franklin Gallimore. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Franklin Gallimore for full details and further information.