Investment, For Sale
Units 1-3 and 15A, Wellington Road, Muxton, Telford, Shropshire, TF2 8NQ.
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Details
Property Reference
BNF/4028
Address
Units 1-3 and 15A, Wellington Road, Muxton, Telford, Shropshire, TF2 8NQ.
Location
Muxton lies on the north eastern outskirts of Telford New Town between the villages of Lilleshall and Donnington. It is located approximately 4 miles southwest of the market town of Newport and 5 miles northeast of Telford town centre.The property itself is situated in a mixed commercial and residential area at the junction of Wellington Road and School Road/Donnington Wood Way (A4640) in Muxton. It enjoys a prominent roadside frontage with a Council owned car park directly opposite, and in close proximity to a petrol filling station, McDonalds drive-thru and Brewers Fayre public house and restaurant with adjacent Premier Inn.
Description
An opportunity to acquire a mixed-use commercial and residential investment in a prominent and popular location.The property comprises a former detached house, which has been converted and extended over the years to provide three ground floor retail units known as Units 1-3, 15 Wellington Road, and a self-contained first floor flat known as 15A Wellington Road. The building occupies a total site area of 0.12 acres (0.05 hectares) including some external space.
Unit 1 is let to an established fish and chip shop and benefits from a full height, aluminium framed and glazed shop frontage onto Wellington Road, as well as patio doors leading to an enclosed outside seating area to the side and a small service yard to the rear.
Unit 2 is let to a veterinary practice albeit the tenant is no longer in occupation. It benefits from half-glazed uPVC panels to the front and has a small service yard area to the rear.
Unit 3 is let to Ladbrokes as a betting shop and benefits from a full height timber framed and glazed shop frontage onto Wellington Road, complete with small service yard area to the rear.
Flat 15A is accessed to the rear of the building and provides self-contained 2-bed living accommodation with a private entrance and internal staircase.
There is no on-site car parking included within the demise, but the property is conveniently located directly opposite a Council owned car park accessed off Wellington Road. Car parking is also available in the small lay-by immediately to the front of the building, as well as to the side.
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Units 1-3 and 15A, Wellington Road
Detailed Specification
Size
3,659 sq ft on site of 0.12 acPrice/ Rent
Offers over £550,000 for the freehold investmentAccommodation
Ground Floor, 15 Wellington Road Shop 1 914 sq ft 84.97 sq m Shop 2 824 sq ft 76.58 sq m Shop 3 920 sq ft 85.47 sq m Gross Internal Area excl. WC facilities 2,658 sq ft 247.02 sq m First Floor Flat 15A 1,001 sq ft 93.00 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 uses within Class C3 and E of the Town and Country Planning (Use Classes) Order 1987 (as amended).Tenure
The investment is available to purchase freehold subject to the existing occupational leases. Please see the Tenancy Schedule in the marketing brochure. It is intended that the property will be sold as a TOGC.Local Authority
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel: 01952 380000.Rateable Value
See marketing brochure.Energy Performance Certificate
See marketing brochure.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/4028
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.
