31a High Street ...
FOR SALE/TO LET INVESTMENT/DEVELOPMENT OPPORTUNITY 31/31a High Street, Wem, Shropshire, SY4 5DG
01743 450 700 E: [email protected] F: 01743 443759 W: hallsgb.com IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in England and Wales. Halls, for themselves and for the vendor of this property, or as the case may be, lessor whose agent they are, given notice that: i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair description but do not consitute part of an over or contract. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. ii) Halls have not made any investigations into the existance or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser is responsible for making his or her own enquiries in this regard. iii) Neither Halls nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their proposed use with the relevant Planning Authority .
hallsgb.com
Shrewsbury / West Midlands / Worcester
FOR SALE / TO LET
INVESTMENT/DEVELOPMENT OPPORTUNITY 31/31a High Street, Wem, Shropshire, SY4 5DG
Rare opportunity to purchase a substantial attractive property. Warehouse, suitable for a variety of uses, to the rear available by seperate negotiation. Planning permission granted for 3 two bedroom apartments. Guide Price: £75,000 (31a) £160,000 (whole) (exclsuive) Rent: £5,500 (31a) (exclusive)
hallsgb.com
01743 450 700
FOR SALE/TO LET INVESTMENT/DEVELOPMENT OPPORTUNITY 31/31a High Street, Wem, Shropshire, SY4 5DG Location
The property is situated fronting onto High Street in the town centre of Wem. The rest of the property fronts directly opposite the town’s main car park. The property also benefits from pedestrian access off Chapel Street. The property is approached at the rear by way of a right of way over a car parking area, which is understood to be in the shared use of the surrounding properties. Wem is an established market town and administrative centre, where all local amenities are available. The property is situated fronting onto High Street, which serves as the main retail street in Wem Town Centre. The property is situated very close to the main car park which serves the town of Wem.
Description
31 High Street provides a two storey structure at the front comprising a high quality tenanted shop unit. The property offers the opportunity to acquire a prominent property investment with development potential in a popular Town of Wem. 31a High Street is situated rear the property provides a single storey building that provides total accommodation of approximately 1598ft² (148.44m²). The property structure has been subject to a comprehensive scheme of refurbishment works. The property would lend itself to a variety of potential leisure, restaurant or office/commercial related uses, subject to the receipt of the relevant statutory consents. The character and physical configuration or the property means that it ideally lends itself to use as a restaurant or a children’s nursery, as it is situated at the heart of the town centre of Wem. The shared use of the car parking area makes it ideal for a variety of uses. It also creates the opportunity to residentially convert the rear and create an owner occupied investment.
Accommodation
(All measurements are approximate only) 31 High Street Sales Area 680 ft sq (63.17 m sq) Rear Preparation Area 137 ft sq (12.73 m sq) Toilet Courtyard Rear - 31A High Street Room 1: 562ft² (52.21m²) with up and over door leading
hallsgb.com
to the shared car parking area. Room 2: 970ft² (90.11m²) Room 3: 65ft² (6.04m²) Entrance hallway benefiting from pedestrian access onto Chapel Street Staffroom Toilet
Planning
Interested parties should make their own enquiries to the local planning authority. It is understood that the property benefits from planning consent under application number 10/04241/FUL of planning consent for proposed alterations and conversion of existing outbuildings to form 3 two bedroomed apartments, bin storage and bicycle lock up area. The property has previously been used for a variety of uses and, subject to the receipt of any statutory consents, the property could lend itself to uses such as a children’s crèche, a variety of health and medical related uses or as a restaurant, benefiting from the character of the property.
Tenure
31/31a High Street is available for sale freehold subject to the following tenancies: 31 High Street - 5 year lease at a rent of £8,250 per annum. A copy of the lease is available from the selling agents upon request. 31a High Street is available for sale freehold. Alternatively the property is available leasehold on a length of term by negotiation at a rent of £5,500 (exclusive) for Year 1 and £6,250 (exclusive) for Year 2.
Viewing
Strictly by prior arrangement with the sole Agents.
Rateable Value 31 High Street
01743 450 700 James Evans E: [email protected]
Rateable Value: Rates payable:
Financial Act 1989
£5,400 £2,544
Interested parties should make their own enquiries with the local authority as the property, as a whole, has not been assessed for rating purposes.
Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax (VAT). Any intending Purchaser should satisfy themselves independently as to VAT in respect of any transaction.
Legal costs
VAT
All prices mentioned in these details and subsequently correspondence is exclusive of VAT. The property is understood not to be elected for VAT.
Each party is to be responsible for their own legal costs incurred in respect of this transaction.
Services
The property benefits from mains water, electricity, drainage and gas (subject to reconnection charges). Interested parties should contact the selling agents to discuss the existing service arrangements.
Agency / Investment / Valuation / Professional / Management / Development
FOR SALE/TO LET INVESTMENT/DEVELOPMENT OPPORTUNITY 31/31a High Street, Wem, Shropshire, SY4 5DG
hallsgb.com
Agency / Investment / Valuation / Professional / Management / Development
FOR SALE/TO LET INVESTMENT/DEVELOPMENT OPPORTUNITY 31/31a High Street, Wem, Shropshire, SY4 5DG
hallsgb.com
Agency / Investment / Valuation / Professional / Management / Development
01743 450 700 E: [email protected] F: 01743 443759 W: hallsgb.com IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in England and Wales. Halls, for themselves and for the vendor of this property, or as the case may be, lessor whose agent they are, given notice that: i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair description but do not consitute part of an over or contract. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. ii) Halls have not made any investigations into the existance or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser is responsible for making his or her own enquiries in this regard. iii) Neither Halls nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their proposed use with the relevant Planning Authority .
hallsgb.com
Shrewsbury / West Midlands / Worcester
FOR SALE / TO LET
INVESTMENT/DEVELOPMENT OPPORTUNITY 31/31a High Street, Wem, Shropshire, SY4 5DG
Rare opportunity to purchase a substantial attractive property. Warehouse, suitable for a variety of uses, to the rear available by seperate negotiation. Planning permission granted for 3 two bedroom apartments. Guide Price: £75,000 (31a) £160,000 (whole) (exclsuive) Rent: £5,500 (31a) (exclusive)
hallsgb.com
01743 450 700
FOR SALE/TO LET INVESTMENT/DEVELOPMENT OPPORTUNITY 31/31a High Street, Wem, Shropshire, SY4 5DG Location
The property is situated fronting onto High Street in the town centre of Wem. The rest of the property fronts directly opposite the town’s main car park. The property also benefits from pedestrian access off Chapel Street. The property is approached at the rear by way of a right of way over a car parking area, which is understood to be in the shared use of the surrounding properties. Wem is an established market town and administrative centre, where all local amenities are available. The property is situated fronting onto High Street, which serves as the main retail street in Wem Town Centre. The property is situated very close to the main car park which serves the town of Wem.
Description
31 High Street provides a two storey structure at the front comprising a high quality tenanted shop unit. The property offers the opportunity to acquire a prominent property investment with development potential in a popular Town of Wem. 31a High Street is situated rear the property provides a single storey building that provides total accommodation of approximately 1598ft² (148.44m²). The property structure has been subject to a comprehensive scheme of refurbishment works. The property would lend itself to a variety of potential leisure, restaurant or office/commercial related uses, subject to the receipt of the relevant statutory consents. The character and physical configuration or the property means that it ideally lends itself to use as a restaurant or a children’s nursery, as it is situated at the heart of the town centre of Wem. The shared use of the car parking area makes it ideal for a variety of uses. It also creates the opportunity to residentially convert the rear and create an owner occupied investment.
Accommodation
(All measurements are approximate only) 31 High Street Sales Area 680 ft sq (63.17 m sq) Rear Preparation Area 137 ft sq (12.73 m sq) Toilet Courtyard Rear - 31A High Street Room 1: 562ft² (52.21m²) with up and over door leading
hallsgb.com
to the shared car parking area. Room 2: 970ft² (90.11m²) Room 3: 65ft² (6.04m²) Entrance hallway benefiting from pedestrian access onto Chapel Street Staffroom Toilet
Planning
Interested parties should make their own enquiries to the local planning authority. It is understood that the property benefits from planning consent under application number 10/04241/FUL of planning consent for proposed alterations and conversion of existing outbuildings to form 3 two bedroomed apartments, bin storage and bicycle lock up area. The property has previously been used for a variety of uses and, subject to the receipt of any statutory consents, the property could lend itself to uses such as a children’s crèche, a variety of health and medical related uses or as a restaurant, benefiting from the character of the property.
Tenure
31/31a High Street is available for sale freehold subject to the following tenancies: 31 High Street - 5 year lease at a rent of £8,250 per annum. A copy of the lease is available from the selling agents upon request. 31a High Street is available for sale freehold. Alternatively the property is available leasehold on a length of term by negotiation at a rent of £5,500 (exclusive) for Year 1 and £6,250 (exclusive) for Year 2.
Viewing
Strictly by prior arrangement with the sole Agents.
Rateable Value 31 High Street
01743 450 700 James Evans E: [email protected]
Rateable Value: Rates payable:
Financial Act 1989
£5,400 £2,544
Interested parties should make their own enquiries with the local authority as the property, as a whole, has not been assessed for rating purposes.
Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax (VAT). Any intending Purchaser should satisfy themselves independently as to VAT in respect of any transaction.
Legal costs
VAT
All prices mentioned in these details and subsequently correspondence is exclusive of VAT. The property is understood not to be elected for VAT.
Each party is to be responsible for their own legal costs incurred in respect of this transaction.
Services
The property benefits from mains water, electricity, drainage and gas (subject to reconnection charges). Interested parties should contact the selling agents to discuss the existing service arrangements.
Agency / Investment / Valuation / Professional / Management / Development
FOR SALE/TO LET INVESTMENT/DEVELOPMENT OPPORTUNITY 31/31a High Street, Wem, Shropshire, SY4 5DG
hallsgb.com
Agency / Investment / Valuation / Professional / Management / Development
FOR SALE/TO LET INVESTMENT/DEVELOPMENT OPPORTUNITY 31/31a High Street, Wem, Shropshire, SY4 5DG
hallsgb.com
Agency / Investment / Valuation / Professional / Management / Development
