£125,000

Retail premises for sale

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Freehold

Guide price

£125,000

Retail premises for sale

Market Street, Tenbury Wells WR15

Local area information

Property location

Nearby amenities

  • Tenbury CofE Primary School 0.4 miles
  • Burford CofE Primary School 0.4 miles
  • Ludlow 6.6 miles
  • Leominster 8.2 miles

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

Features and description

  • Freehold
  • Freehold Lock-Up Shop
  • Ground Floor Sales Area c.36 sqm
  • Established Trading Position
  • Attractive Period Building
  • Available with Vacant Possession
Detailed Description

Freehold shop with two bedroom flat (in need of modernisation) on first floor. Rear yard with vehicular access

Situation: The shop is situated in a picturesque riverside town on the Worcestershire/Shropshire border, in a sought after position on Market Street, which hosts on the commercial side a bank, a Chartered Surveyors, three public houses, a pharmacy, a cinema, dentists and optician. The retail sector includes a newsagent, pet shops, confectionery shop, three cafes, hardware stores, electrical goods retailer, jewellers, ladies beauty salon, a vegetable shop, a fish shop, ladies and men's hairdressers, butchers and a Spar convenience store incorporating the Post Office. The shop has street parking outside and opposite, plus further parking in the Tesco store. Car parking is available to the rear of the Public Library, off Teme Street which leads to a free Council car park next to the swimming pool

Description: A double fronted shop arranged on ground and first floor. Built of traditional masonry, brick beneath a tiled roof

Accommodation

Ground Floor

Sales Area: With doors off Market Street, double display windows either side, quarry tiled floor. Rear door to yard

First Floor: Accessed via metal external staircase to walkway along the rear elevation. Previoudly arranged as a two bedroom flat with living space/kitchen area. Bedroom 1 to front. Bedroom 2 to front. Bathroom.
Nb The property is in need of extensive renovation with replacement ceilings, timber work finishes, kitchen etc.

Outside: The property benefits from access via a covered carriageway off Market Square. This provides parking for three/four vehicles and rear access to the shop and an external brick-built WC and a passageway through to Market Street

Business Rates: Rateable Value £4,550 (2023) which qualifies for Small Business Rates Relief (subject to occupier satisfying criteria)
Council Tax Band A

Services: Mains water, elecrtricity and drainage

Tenure: The property is freehold and vacant possession will be given upon completion

Fixtures & Fittings: All those items specifically mentioned in the sales particulars above are included in the sale price

Planning: The property has been used for a shop for many years, most recently a green grocers

Directions: Proceed from Teme Street, turn 90 degrees right onto Market Street. The property is on the right just after 'The Hole in the Wall' (Fingmongers) and the third shop before the right turn into Market Square

What 3 Words: Points duet darling

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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