£280,000

Leisure/hospitality for sale

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Just added

Guide price

£280,000

(£280,000.00/sq. ft)

Leisure/hospitality for sale

Salop Road, Oswestry SY11

2,160 sq. ft

Local area information

Property location

Nearby amenities

  • Our Lady and St Oswald's Catholic Primary School 0.4 miles
  • Holy Trinity Church of England Primary Academy and Nursery 0.5 miles
  • Gobowen 2.5 miles
  • Chirk 5.2 miles

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

Read our area guide for Oswestry to find out more about the local area.

Features and description

Location


Oswestry, Shropshire’s third largest town, with a former Borough population of approximately 33,0000, and town population of approximately 17,500, has a wealth of character and facilities to offer. The town is extremely well located on the A5, linking motorways at Shrewsbury and Wrexham/Chester.

There are a range of multiple retailers in the town, to include Boots, Superdrug, W H Smith, Poundland, Peacocks, Prezzo, Home Bargains, Costa, Greggs and others, together with operating banks.

The subject premises are situated on one of the main arterial roads, that of Salop Road, between the Sainsburys supermarket and the main town centre car park and retail area. As shown on the attached plan.
Description


A half timbered Grade II listed building, with pitched slated roof, together with a flat single story extension at the rear.

The accommodation is full of character, with many original period features evident.

The accommodation comprises:-

Ground Floor

Two main customer seating areas, Ladies and Gents WCs, rear areas now given over to bakery and commercial storage.

Total Net Internal Area Approximately 142.75 m.sq. / 1537 sq.ft.

Fiirst Floor

Currently used for commercial purposes, to include a private customer dining room, commercial storage and office area. This floor comprises in effect a two bedroom apartment with sitting room, kitchen, shower room with WC and walk in cupboard.

Total Net Internal Floor Area Approximately 58.49 m.sq. / 630 sq.ft.

Land/External Areas

The freehold and let space includes a pleasant front forecourt used for customer seating and at the rear there is a further area of limited yardage and two car parking spaces.
Tenancy and tenure


The premises are let to include the main building, being:- ground and first floor, front forecourt and rear yard, and with the tenant having the use of the two car parking spaces. He tenant is Niche Patisserie Ltd..

The lease is for a term of 10 years from the 21st of May 2021, at a current rent of £19,198 p.a., plus rpi, plus VAT. 3 Yearly rent reviews linked to rpi, with the tenant responsible to maintain the premises in good and tenantable condition. There is a tenant’s option to terminate at the 5th year on the giving of 6 months’ notice. The lease is contracted out of sections 24-28 of the 1954 Landlord and Tenant Act.

The freehold includes the obvious areas granted for the use of the tenant, but with an obligation also for joint maintenance of communal access vehicular driveway off English Walls.

For interested parties, Title and lease documentation can be provided.
Services


It is understood that the premises are connected to all mains services, being gas, water, 3 Phase electricity and drainage.
Pricing


For the freehold interest, subject to the existing tenancy, a price of region £280,000 region is asked.
VAT


The property is elected for VAT.
Business rates


The building has a rateable value of £14,750, and interested parties should speak to the Local Council – Shropshire Council on .
EPC rating


Rating ‘D’.
Viewing


Please contact the agents: Celt Rowlands & Co. On or

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Property descriptions and related information displayed on this page are marketing materials provided by - Celt Rowlands & Co. 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 Celt Rowlands & Co for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Shropshire
  4. Oswestry
  5. Salop Road