Investment, For Sale

32 Stafford Street, St Georges, Telford, Shropshire, TF2 9JQ.

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Details

Property Reference

BNF/2761

Address

32 Stafford Street, St Georges, Telford, Shropshire, TF2 9JQ.

Location

The property is located in St Georges in north Telford, approximately 1 miles east of Oakengates and 0.5 miles west of Priorslee. Telford Town Centre is 1.5 miles away and Junctions 4 and 5 of the M54 motorway are 2.5 miles distant.

The property itself is situated on Stafford Street, just off the B5061 Holyhead Road via Furnace Road. It occupies a prominent roadside position south of St Georges district centre, and the roundabout at the intersection of Church Street, Stafford Street, West Street and Gower Street - the main thoroughfares in St Georges. The surrounding area is predominantly mixed retail and residential uses with the Elephant & Castle public house close by.

Description

The property comprises a detached, two-storey commercial premises, currently providing a retail unit with separate residential flat on the ground floor, together with a further flat on the first floor. The ground floor retail unit does have planning consent for conversion to another flat.

Internally, the retail unit is positioned to the front of the building and benefits from WC facilities. To the rear is a one bedroom flat (Flat 2) and on the first floor is a two-bedroom flat (Flat 1). Each demise is self-contained with it's own access.

Externally, there is a concreted access route to the side of the building leading to a concrete surfaced yard/parking area to the rear and two unused commercial structures/outbuildings. The total site area is 0.11 acres.

Get directions to this property:

32 Stafford Street, St Georges

Detailed Specification

  • Size

    1,463 sq ft on 0.11 ac
  • Price/ Rent

    Offers in the region of £160,000
  • Accommodation

    Ground Floor:
    Retail Unit552 sq ft
    Flat 2422 sq ft
    First Floor:
    Flat 1489 sq ft
    Total Gross Internal Area1,463 sq ft
    Rear yard and outbuildingsapprox 2,691 sq ft
  • Services

    We understand that all mains services are available or connected to the property. It should be noted that we have not tested these services and interested parties should make their own enquiries.
  • Planning

    We understand the property has planning permission for uses within Class A1 and C3 of the Town & Country Planning Act 1987 (Use Class Order 2005). The property does have full planning permission for a change of use of the ground floor retail unit to a residential flat (reference TWC/2017/0169). The yard and outbuildings to the rear also have development potential for commercial or residential use subject to planning permission. Interested parties are advised to make their own enquiries with the Local Planning Authority.
  • Tenure

    Freehold Investment: The property for sale on a freehold basis subject to the existing tenancies, being two longstanding tenants currently producing a rental income of £9,927.84 per annum. Full details available upon request from the agent.
  • Local Authority

    Telford & Wrekin Council, Addenbrooke House, Ironmasters Way, Telford, Shropshire, TF3 4NT - Tel: 01952 380000.
  • Rateable Value

    According to the Valuation Office Agency website the rateable value of the ground floor retail unit in the 2017 rating list is £4,100. Flats 1 and 2 both fall within Band A for Council Tax purposes.
  • Energy Performance Certificate

    Ground floor retail unit G(166); Flat 1 E(42); Flat 2 E(48).
  • VAT

    All figures quoted are exclusive of VAT, which may be payable at the prevailing rate.
  • Legal Costs

    Each party to be responsible for their own legal costs in connection with this matter.
  • Viewing

    Strictly by prior appointment with the Agent's Telford office:
  • Additional Viewing Information

    Contact: Nathan Fern
    Direct Line: 01952 521004
    Mobile: 07957 828 569
    Email: nathan@andrew-dixon.co.uk
    Ref: BNF/2761

Disclaimer:
Andrew Dixon & Company. for themselves and for the vendors or lessors of this property whose agents they are give notice: (1) The particulars are set out as a general outline for the guidance of intending purchasers or lessors, and do not constitute, nor constitute part of, an offer or contract. (2) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not reply on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (3) No employee of Andrew Dixon & Company. has any authority to make or give representation or warranty whatever in relation to this property.

As far as possible, these particulars are intended to give a fair description of the property. Unless otherwise stated, no enquiries have been made of statutory authorities nor tests made of electricity, plumbing or other services installed in the property. No warranties or certificates of building work, leases/title documents have been inspected. Such information as is given in these particulars is based on a purely visual inspection only and information supplied to us by the vendor/lessor. Interested parties must take their own measurements in order to satisfy themselves that the premises are suitable for their own requirements. Our measurements are approximate in order to give an indication of size only. Whilst every care has been taken to prepare these particulars, we would be grateful if you could inform us of any errors or misleading descriptions found in order that we may correct them in our records.