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Franklin Gallimore Estate Agent in WR15 8AA
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Back to search: Tenbury Wells or Teme Street

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0 bed property

Available
For Sale
Listed May 12, 2024
£275,000
Available

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Description

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

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

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Property Location

Average Price
Crime
Nearby Schools
Tenbury CofE Primary School
0.2mi
Burford CofE Primary School
0.4mi
Tenbury High Ormiston Academy
0.5mi
Saint Michael's College
1.8mi
Clee Hill Community Academy
4.3mi
Nearby Stations
Ludlow Station
6.6mi
Leominster Station
8.2mi
Craven Arms Station
13.7mi
Broome Station
14.5mi
Hopton Heath Station
14.5mi
Schools
Stations
On the map
Road view

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