Retail, For Lease (Under offer)

8 New Street, Wellington, Telford, Shropshire, TF1 1NE.

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Details

Property Reference

SB/3714

Address

8 New Street, Wellington, Telford, Shropshire, TF1 1NE.

Location

The property is situated in the popular market town of Wellington, being one of the principal districts within Telford. Wellington lies approximately 5 miles west of central Telford and 2 miles from Junction 6 of the M54 motorway, which affords easy access to Wolverhampton and Birmingham via the M6. The county town of Shrewsbury is some 13 miles to the west.

The property itself enjoys a busy corner position on New Street and Bell Street in Wellington town centre. Greggs, Heron Foods, Boots, Ladbrokes and William Hill are all located within close proximity, as well as a number of other established local traders.

There are free public car parks within easy walking distance of the subject property, together with bus and railway stations.

Description

The property comprises a three-storey commercial building providing a town centre lock-up shop unit at ground floor level, with ancillary accommodation on the upper floors.

The retail unit benefits from display frontages onto both New Street and Bell Street. On the first floor there is currently an office and stores. On the second floor there is a further store, kitchen and WC facilities.

The building is Grade II Listed and does have the potential to provide attractive retail space for different shop users.

The shop front fascia is to be upgraded in liaison with Telford & Wrekin Council (at no expense to the tenant).

Get directions to this property:

8 New Street, Wellington

Detailed Specification

  • Size

    875 sq ft
  • Price/ Rent

    Quoting rent 9,500 pax
  • Accommodation

    Ground Floor:
    Retail sales area333 sq ft30.97 sq m
    First Floor:
    Offices and stores270 sq ft25.08 sq m
    Second Floor:
    Kitchen, store, WC facility272 sq ft25.26 sq m
    Total Area875 sq ft81.31 sq m
  • Services

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

    We understand the property has planning permission for uses within Class E of the Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020. It should also be noted that the property is a Grade II Listed Building.
  • Tenure

    Leasehold: The property is available by way of a new lease on a tenant's full repairing and insuring basis for a term of be agreed, with rent reviews at 3 yearly intervals. The landlord may consider alternative proposals from prospective tenants.
  • Local Authority

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

    According to the Valuation Office Agency website the rateable value of the property in the 2017 rating list is 9,100.
  • Energy Performance Certificate

    The property has an energy rating of C(75)
  • VAT

    There is no VAT payable on the rent. All other 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: Simon Beedles FRICS
    Direct Line: 01952 521008
    Mobile: 07375 101371
    Email: simon@andrew-dixon.co.uk
    Ref: SB/3714

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.