Offers over
£67,500
Retail premises for saleTeme Street, Tenbury Wells WR15
Leasehold
About this property
Investment property - Business Unaffected
Prime High Street Location
Sales Area c.52 sq m
Stores/WC
Double Fronted Window
Long Leasehold Interest
Detailed Description
Business unaffected
Retail shop situated in the picturesque riverside town of Tenbury Wells on the Worcestershire/Shropshire border, in a saught after position in the High Street
Situation: This Greetings Card and Gift Shop is situated in a picturesque riverside town on the Worcestershire/Shropshire border, in a sought after position on the High Street, which hosts on the commercial side a bank, a Chartered Surveyors, three public houses, a pharmacy, a cinema, dentists and optician.
The retail sector includes a newsagent, pet shops, confectionery shop, three cafes, hardware stores, electrical goods retailer, jewellers, ladies beauty salon, a vegetable shop, a fish shop, ladies and men's hairdressers, butchers and a Spar convenience store incorporating the Post Office.
The shop has street parking outside and opposite, plus further parking in the Tesco store. Car parking is available to the rear of the Public Library, off Teme Street which leads to a free car park next to the swimming pool
Description: A double fronted, Grade II listed shop with good display windows and pedestrian door off pavement
Accommodation: Front shop - with exposed beams circulating around the sales counter, rear display area extending to 51.6 sq m (555 sq ft)
Rear Lobby - with WC and hand wash basin, small storage area.
Extending to 11.9 sq m (128 sq ft). Total Area 63.5 sq m
Tenure: The interest being sold is the unexpired term of 125 years lease granted on the ground floor from 4/11/1992 (unexpired term approximately 94 years).
Occupancy: The shop is occupied by 'Nice Things' gift shop which currently pay £6,000 per annum on a 10 year lease expiring 30th November 2033. A rent review is due November 2025 with two further reviews during the lease term.
A copy of the lease is available for inspection at the agent's office.
EPC: Exempt (as property is listed)
Services: Mains Electricity
Mains Water and Drainage
Outgoings: Rateable Value £8,400, which qualifies for Small Business
Rates depending on occupier
Directions: Cross Teme Bridge into the Town Centre, the shop is equidistant between the TSB Bank and the Regal Cinema
on the right hand side
Further Information: Should you require and further information before or after viewing, please contact Franklin Gallimore's office. Tel: Viewings: Viewings of the premises are strictly by appointment with Franklin Gallimore.
No prospective purchaser is to make any enquiries at the premises wothout prior agreement of Franklin Gallimore
Business unaffected
Retail shop situated in the picturesque riverside town of Tenbury Wells on the Worcestershire/Shropshire border, in a saught after position in the High Street
Situation: This Greetings Card and Gift Shop is situated in a picturesque riverside town on the Worcestershire/Shropshire border, in a sought after position on the High Street, which hosts on the commercial side a bank, a Chartered Surveyors, three public houses, a pharmacy, a cinema, dentists and optician.
The retail sector includes a newsagent, pet shops, confectionery shop, three cafes, hardware stores, electrical goods retailer, jewellers, ladies beauty salon, a vegetable shop, a fish shop, ladies and men's hairdressers, butchers and a Spar convenience store incorporating the Post Office.
The shop has street parking outside and opposite, plus further parking in the Tesco store. Car parking is available to the rear of the Public Library, off Teme Street which leads to a free car park next to the swimming pool
Description: A double fronted, Grade II listed shop with good display windows and pedestrian door off pavement
Accommodation: Front shop - with exposed beams circulating around the sales counter, rear display area extending to 51.6 sq m (555 sq ft)
Rear Lobby - with WC and hand wash basin, small storage area.
Extending to 11.9 sq m (128 sq ft). Total Area 63.5 sq m
Tenure: The interest being sold is the unexpired term of 125 years lease granted on the ground floor from 4/11/1992 (unexpired term approximately 94 years).
Occupancy: The shop is occupied by 'Nice Things' gift shop which currently pay £6,000 per annum on a 10 year lease expiring 30th November 2033. A rent review is due November 2025 with two further reviews during the lease term.
A copy of the lease is available for inspection at the agent's office.
EPC: Exempt (as property is listed)
Services: Mains Electricity
Mains Water and Drainage
Outgoings: Rateable Value £8,400, which qualifies for Small Business
Rates depending on occupier
Directions: Cross Teme Bridge into the Town Centre, the shop is equidistant between the TSB Bank and the Regal Cinema
on the right hand side
Further Information: Should you require and further information before or after viewing, please contact Franklin Gallimore's office. Tel: Viewings: Viewings of the premises are strictly by appointment with Franklin Gallimore.
No prospective purchaser is to make any enquiries at the premises wothout prior agreement of Franklin Gallimore
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