Property for sale52 Market Street, Oakengates, Telford, Shropshire TF2
Local area information
- Oakengates 0.1 miles
- Wombridge Primary School 0.3 miles
- St George's Church of England Primary School 0.6 miles
- Telford Central 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Telford to find out more about the area.
Features and description
- Ground floor shop with 1-bed flat above
- Popular high street location
- Current rental income £13,500 pax
The original two-storey building is of solid brick construction beneath a pitched roof with a single storey extension of similar construction to the rear.
The building benefits from uPVC double glazed windows and doors throughout.
The ground floor shop enjoys a glazed frontage onto Market Street, having an offset pedestrian entrance door, with a further access to the rear. It is currently utilised as a hair salon and the accommodation consists of an open retail area with rear treatment room/storeroom/office, kitchenette and toilet facilities.
Outside, to the rear of the building is a small enclosed courtyard with gated access, which is demised to the shop premises and contains a separate outbuilding utilised by the shop tenant for storage purposes.
The first floor flat is accessed off the alleyway to the side of the building. An entrance hall and stairs leads to the living space, which comprises a lounge, kitchen, bedroom and bathroom. It is currently occupied by a separate tenant.
The property is situated at the top end of Market Street in the popular town of Oakengates. Oakengates is one of the local district centres within Telford New Town and is located approximately 1.5 miles north of Telford town centre with good access to the West Midlands conurbation via Junctions 5 and 6 of the M54 motorway.
Market Street is the main retail thoroughfare in Oakengates and intersects with Oxford Street in the town centre. The subject property enjoys a high street location fronting onto Market Street, in close proximity to the junction with Oxford Street. It also backs onto an access road to the rear of Uxacona Way.
The property currently has planning permission for Class E and C3 uses within the Town and Country Planning (Use Classes) Order 1987 (as amended).
Freehold: The property is available freehold with the benefit of the existing tenancies, currently producing a combined rental income of £13,500 per annum exclusive.
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:
According to the Valuation Office Agency website, the rateable value of the ground floor shop in the 2023 Rating List is £7,000. The first floor shop falls within Council Tax band A.
Energy Performance Certificate
The ground floor shop has an energy rating of C(68) and the first floor flat has an energy rating of E(54).
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