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"A VALUABLE MIXED USE FREEHOLD INVESTMENT PROPERTY PRODUCING c.£12,600 PER ANNUM

Location The property is situated on the eastern side of Teme Street which is in the main retail thoroughfare of the market town of Tenbury Wells. The town enjoys a wide range of independent retailers and serves a wide hinterland and is popular with visitors

Description The property dates from the 18th century and comprises of a three storey building with ground floor extension. The property has a shared allley way which leads to a well sized garden


GROUND FLOOR The shop floor is fitted with anti slip tiles throughout

Front Shop Shop Retail Space 3.38m x 4.6m 11' 1" x 15' 1" plus 3.28m x 2.044 10' 9" x 6' 8" . Fully tiled floor and part tiled walls.

Rear kitchen preparation area 3.28m x 2.04m 10' 9" x 6' 8" with built in work surfaces, stainless sink with tap. Toilet with low level WC, suite and wash hand basin and store. Fullly tiled walls. Back door leading to and enclosed courtyard


Toilet with low level WC suite and wash basin

Rear Kitchen Store 3.04m x 1.69m 9'12" x 5'7" , Glazed with opaque glass for privacy with door to rear courtyard

Separate Access to Upper Floor Flats

FIRST FLOOR

Kitchen Fully fitted kitchen with a range of base and wall units, stainless steel sink, built in oven, plumbing for washing machine, wall mounted gas boiler serving central heating

Landing with fitted carpets

Bathroom with panel bath with electric shower over, low level WC, wash basin

Sitting Room with two windows to front, fire surround

SECOND FLOOR

Bedroom 1 to front with fitted carpet, built in wardrobes either side of chimney breast, two windows to front

Bedroom 2 to rear with fitted carpet and window to rear

EXTERNAL The property is accessed directly from the back of footway on Teme Street. A passageway shared with the adjoining property affords rear side access to the building beyond which lies a yard for the commercial residential part and an extensive garden area mainly to lawn

Services Mains electricity
Mains water and drainage
Telephone subject to BT regulations
Both flat and shop are independently serviced

Outgoings Malvern Hills District Council. Tel 01684 862151
Rateable Value £4,050 per annum. Currently benefits from Small Business Relief
Flat Council Tax Band A


EPC Residential EPC C
Commercial EPC available from agent

Tenure The property is freehold. The shop is let on a 5 year lease with effect from 1.2.2025 with a break on 3rd anniversary producing £6,000 per annum. The upper floors are let on an AST producing £6,600 per annum last reviewed August 2023

Viewings Viewings are srictly by prior appointment with the agents

Directions Proceed over Teme Bridge, pass the library and No.6 is on the left hand side before the 90 degree turn into Market Street

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