FOR SALE RETAIL/ RESIDENTIAL 58/58A High Street, Wem, Shrewsbury SY4 5DW
Prominent High Street Location Retail Investment 4 Bedroom Flat Price: £105,000 (exclusive)
hallsgb.com
01743 450700
FOR SALE RETAIL/ RESIDENTIAL 58/58A High Street, Wem, Shrewsbury SY4 5DW Location
The property is situated fronting onto High Street in the town centre of Wem. Wem is an established market town and administrative centre, where all local amenities are available. Wem is situated approximately 12.3 miles (19.8 km), from the County Town of Shrewsbury, from where the A5 gives access to Telford, the M54 and the wider motorway network. The property fronts onto the High Street, which serves as the main retail destination for Wem and is a short walking distance from the main car park. Neighbouring occupiers include Natwest, the Relate Furniture Shop and the Town Hall.
Description
The property comprises a self contained ground floor shop unit, providing a net sales area of approximately 406.1 sq ft, 37.73 m sq, with ancillary accommodation. The property is listed and benefits from a number of attractive features.
Council Tax Band 58a High Street ‘A’. However interested parties should make their own enquiries to the local authority.
Planning
Prospective purchasers should make their own enquiries to the local planning authority. We understand that the property has consent for its existing use as A1 (Retail) under the Town and Country Planning Use Classes Order.
EPC
The property is listed and therefore an EPC is not required.
Services
The property is understood to benefit from mains water, electricity and drainage.
Tenure
The property is available freehold. The ground floor of the property is let to Jack Davies Cycles until 2018 at a rent of £2,700 per annum.
Legal Costs
The flat currently offers four bedroom accommodation arranged over two floors and benefits from its own rear access. There is scope to reconfigure the accommodation.
Each party is to be responsible for their own legal costs in relation to this transaction.
Accommodation
Offers in excess of £105,000 Exclusive.
(All measurements are approximate only)
Retail Premises
Retail Area: 37.73 sq m (406.1 sq ft) Store Room Area: 31.65 sq m (340.7 sq ft)
Residential Accommodation Ground Floor Room 1 Room 2 Room 3 Kitchen First Floor Bedroom 1 Bedroom 2 Bedroom 3 Bedroom 4 Bathroom
Rateable Value
We have made non-verbal enquiries to the local authority and have been advised as follows: -
Price VAT
All prices and figures are quoted exclusive of Vat.
Local Authority
Shropshire Council, Shirehall Abbey Foregate, Shrewsbury SY2 6ND Telephone: 0345 678 9000
Viewing
Strictly by prior arrangement with the Sole Agent. For more information or to arrange a viewing please contact:
01743 450 700 James Evans E:
[email protected] Rebecca Welch E:
[email protected] Rateable Value: £3,150 Business Rates 15/16: £1,512
hallscommercial.co.uk
Shrewsbury / West Midlands / Worcester
FOR SALE RETAIL/ RESIDENTIAL 58/58A High Street, Wem, Shrewsbury SY4 5DW
01743 450700 E:
[email protected] F: 01743 443759 W: hallscommercial.co.uk 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 agents they are, give 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 constitute part of an over or contract. Any information given should not be relied on as 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 existence 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 to ensure it is permitted.
hallscommercial.co.uk
Shrewsbury / West Midlands / Worcester