Investment, For Sale

39 New Street, Wellington, Telford, Shropshire, TF1 1LU.

For improved printing, please use the print button on the property page.
Want to be notified of new properties in this sector?

Details

Property Reference

AGS/2353

Address

39 New Street, Wellington, Telford, Shropshire, TF1 1LU.

Location

Wellington is a market town in the northwest of Telford, approximately 2 miles west of Telford Town Centre. It has a vibrant commercial district centre providing both convenience and destination shopping, and enjoys good road links with the national motorway network and all parts of the West Midlands via the M54 (Junctions 6 and 7). Wellington has its own main line railway station and bus terminus and free car parking is available in and around the town.

The property itself is situated in New Street, the main retail thoroughfare in Wellington. New Street lies approximately 200 metres from the local railway station and adjoining retailers include Boots, a Wetherspoons public house,

Description

The property comprises a mid-terraced, two-storey commercial premises in the heart of Wellington, which provides a retail unit on the ground floor with two apartments on the first floor.

The ground floor retail unit, which is let to a corporate tenant on a long term lease, is accessed to the front via a recessed entrance. It benefits from an attractive glazed frontage onto New Street, which is secured with a roller shutter. The accommodation includes kitchen and WC facilities to the rear.

There are two self-contained apartments above the retail space, accessed via an external staircase to the rear of the building. The accommodation comprises a one-bedroom apartment and studio apartment, both of which are currently let on Assured Shorthold Tenancy Agreements.

Get directions to this property:

39 New Street, Wellington

Detailed Specification

  • Size

    928 sq ft (Ground Floor)
  • Price/ Rent

    Offers in the region of £325,000 for the freehold investment
  • Accommodation

    Ground Floor:
    39 New Street (retail unit)928 sq ft(86.27 sq m)
    First Floor:  
    39A New Street One-bedroom apartment
    39B New StreetStudio apartment
  • Services

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

    Interested parties are advised to make their own enquiries with the Local Planning Authority.
  • Tenure

    Freehold Investment: The freehold interest of the property is available to purchase subject to the existing tenancies. Please refer to the marketing brochure for Tenancy Schedule.
  • 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 £17,500.
  • Energy Performance Certificate

    Retail unit/39 New Street - B(49); 39A New Street - D(60); 39B New Street - D(65).
  • 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: Alex Smith MRICS
    Direct Line: 01952 521007
    Mobile: 07795 275 113
    Email: alex@andrew-dixon.co.uk
    Ref: AGS/2353

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.