Market Street, Tenbury Wells, WR15

For Sale - Freehold - Guide Price £275,000

Property photo

Commercial, Freehold

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


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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 Plan 1
Branch Address
52 Teme Street
Tenbury Wells
Worcester
Worcestershire
WR15 8AA
Contact
A: Franklin Gallimore
T: 01584 810 436
E: office@franklingallimore.co.uk
Reference: FRGL_001145
IMPORTANT NOTICE
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further enquiries to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.