Retail, For Sale (Under offer)
52 Market Street, Oakengates, Telford, Shropshire, TF2 6DU.
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Details
Property Reference
BNG/3963
Address
52 Market Street, Oakengates, Telford, Shropshire, TF2 6DU.
Location
The property is situated at the top end of Market Street in the popular town of Oakengates. Oakengates is one of the local district centres within Telford New Town and is located approximately 1.5 miles north of Telford town centre with good access to the West Midlands conurbation via Junctions 5 and 6 of the M54 motorway.Market Street is the main retail thoroughfare in Oakengates and intersects with Oxford Street in the town centre. The subject property enjoys a high street location fronting onto Market Street, in close proximity to the junction with Oxford Street. It also backs onto an access road to the rear of Uxacona Way.
Description
The property comprises a mid-terraced, two-storey mixed retail/residential building, complete with single storey extension to the rear. It provides a ground floor shop with self-contained, one-bedroom flat above.The original two-storey building is of solid brick construction beneath a pitched roof with a single storey extension of similar construction to the rear.
The building benefits from uPVC double glazed windows and doors throughout.
The ground floor shop enjoys a glazed frontage onto Market Street, having an offset pedestrian entrance door, with a further access to the rear. It is currently utilised as a hair salon and the accommodation consists of an open retail area with rear treatment room/storeroom/office, kitchenette and toilet facilities.
Outside, to the rear of the building is a small enclosed courtyard with gated access, which is demised to the shop premises and contains a separate outbuilding utilised by the shop tenant for storage purposes.
The first floor flat is accessed off the alleyway to the side of the building. An entrance hall and stairs leads to the living space, which comprises a lounge, kitchen, bedroom and bathroom. It is currently occupied by a separate tenant.
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52 Market Street, Oakengates
Detailed Specification
Size
631 sq ftPrice/ Rent
Asking price £175,000Accommodation
Ground floor shop (52 Market Street) 631 sq ft 58.60 sq m First floor flat (52A Market Street) 506 sq ft 47.00 sq m Services
We understand that all mains services are available or 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
The property currently has planning permission for Class E and C3 uses within the Town and Country Planning (Use Classes) Order 1987 (as amended).Tenure
Freehold: The property is available freehold with the benefit of the existing tenancies, currently producing a combined rental income of £13,500 per annum exclusive.Local Authority
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel: 01952 380000.Rateable Value
According to the Valuation Office Agency website, the rateable value of the ground floor shop in the 2023 Rating List is £7,000. The first floor shop falls within Council Tax band A.Energy Performance Certificate
The ground floor shop has an energy rating of C(68) and the first floor flat has an energy rating of E(54).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/3963
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.
