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Just added
£550,000
(£150.31/sq. ft)
Property for sale
Units 1-3 And 15A, Wellington Road, Telford, Shropshire TF23,659 sq. ft
Local area information
Property location
Nearby amenities
- Donnington Wood Infant School and Nursery Centre 0.5 miles
- Muxton Primary School 0.6 miles
- Oakengates 2.3 miles
- Telford Central 3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- 3 ground floor shops & residential flat
- Prominent location on Wellington Road
- Current rental income £46,700 pa
An opportunity to acquire a mixed-use commercial and residential investment in a prominent and popular location.
The property comprises a former detached house, which has been converted and extended over the years to provide three ground floor retail units known as Units 1-3,15 Wellington Road, and a self-contained first floor flat known as 15A Wellington Road. The building occupies a total site area of 0.12 acres (0.05 hectares) including some external space.
Unit 1 is let to an established fish and chip shop and benefits from a full height, aluminium framed and glazed shop frontage onto Wellington Road, as well as patio doors leading to an enclosed outside seating area to the side and a small service yard to the rear.
Unit 2 is let to a veterinary practice albeit the tenant is no longer in occupation. It benefits from half-glazed uPVC panels to the front and has a small service yard area to the rear.
Unit 3 is let to Ladbrokes as a betting shop and benefits from a full height timber framed and glazed shop frontage onto Wellington Road, complete with small service yard area to the rear.
Flat 15A is accessed to the rear of the building and provides self-contained 2-bed living accommodation with a private entrance and internal staircase.
There is no on-site car parking included within the demise, but the property is conveniently located directly opposite a Council owned car park accessed off Wellington Road. Car parking is also available in the small lay-by immediately to the front of the building, as well as to the side.
Location
Muxton lies on the north eastern outskirts of Telford New Town between the villages of Lilleshall and Donnington. It is located approximately 4 miles southwest of the market town of Newport and 5 miles northeast of Telford town centre.
The property itself is situated in a mixed commercial and residential area at the junction of Wellington Road and School Road/Donnington Wood Way (A4640) in Muxton. It enjoys a prominent roadside frontage with a Council owned car park directly opposite, and in close proximity to a petrol filling station, McDonalds drive-thru and Brewers Fayre public house and restaurant with adjacent Premier Inn.
Planning
The property currently has planning permission for uses within Class C3 and E of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Tenure
The investment is available to purchase freehold subject to the existing occupational leases. Please see the Tenancy Schedule in the marketing brochure. It is intended that the property will be sold as a togc.
Local Authority
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:
Rateable value
See marketing brochure.
Energy Performance Certificate
See marketing brochure.
The property comprises a former detached house, which has been converted and extended over the years to provide three ground floor retail units known as Units 1-3,15 Wellington Road, and a self-contained first floor flat known as 15A Wellington Road. The building occupies a total site area of 0.12 acres (0.05 hectares) including some external space.
Unit 1 is let to an established fish and chip shop and benefits from a full height, aluminium framed and glazed shop frontage onto Wellington Road, as well as patio doors leading to an enclosed outside seating area to the side and a small service yard to the rear.
Unit 2 is let to a veterinary practice albeit the tenant is no longer in occupation. It benefits from half-glazed uPVC panels to the front and has a small service yard area to the rear.
Unit 3 is let to Ladbrokes as a betting shop and benefits from a full height timber framed and glazed shop frontage onto Wellington Road, complete with small service yard area to the rear.
Flat 15A is accessed to the rear of the building and provides self-contained 2-bed living accommodation with a private entrance and internal staircase.
There is no on-site car parking included within the demise, but the property is conveniently located directly opposite a Council owned car park accessed off Wellington Road. Car parking is also available in the small lay-by immediately to the front of the building, as well as to the side.
Location
Muxton lies on the north eastern outskirts of Telford New Town between the villages of Lilleshall and Donnington. It is located approximately 4 miles southwest of the market town of Newport and 5 miles northeast of Telford town centre.
The property itself is situated in a mixed commercial and residential area at the junction of Wellington Road and School Road/Donnington Wood Way (A4640) in Muxton. It enjoys a prominent roadside frontage with a Council owned car park directly opposite, and in close proximity to a petrol filling station, McDonalds drive-thru and Brewers Fayre public house and restaurant with adjacent Premier Inn.
Planning
The property currently has planning permission for uses within Class C3 and E of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Tenure
The investment is available to purchase freehold subject to the existing occupational leases. Please see the Tenancy Schedule in the marketing brochure. It is intended that the property will be sold as a togc.
Local Authority
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:
Rateable value
See marketing brochure.
Energy Performance Certificate
See marketing brochure.
More information
Listed by
Andrew Dixon and Co
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