Guide price
£275,000
Retail premises for sale7 Load Street, Bewdley, Worcestershire DY12
Just added
Auction
Freehold
About this property
Freehold Subject to the existing tenancies.
For Sale By Public Auction on 10 December starting at 08:30 am - A freehold mixed used town centre investment property comprising a convenience store trading as 'Morrisons Daily', two spacious self contained flats and outbuildings with development potential subject to obtaining the appropriate planning permission. Current rental income £25,680 pa.
The property comprises an attractive and substantial Grade II listed building. The ownership includes the passage to the side.
The property is three storeys at the front, comprising of the convenience store at ground floor, with two self contained one bedroom flats situated over the first and second floors.
The shop is deceptively spacious, with the demised area extending into several rear buildings including ground floor stores, basement, mezzanine and first floor. Included in the shop demise and situated across the side passageway at the rear, there is a large open external store.
The two flats are accessed by way of a separate entrance from the side passageway and each comprise a hallway, cloak store, kitchen, lounge/dining room, bathroom and double bedroom.
It is understood that the shop has traded as a convenience store under various trading names continually for over 40 years.
It is considered that the extensive size and layout of the property which includes the side passage, may provide development potential in the future subject to the appropriate planning permission.
Accommodation
Ground Floor Sales Area: 1451 sq ft which is 134.8 sq m.
Ground Floor Stores: 785 sq ft which is 72.9 sq m.
Basement Storage: 112 sq ft which is 19.7 sq m.
Basement Office: 60 sq ft which is 5.6 sq m.
Mezzanine Staff Room: 124 sq ft which is 11.5 sq m.
Mezzanine Kitchen: 31 sq ft which is 2.9 sq m.
Mezzanine Stores: 129 sq ft which is 12 sq m.
First Floor Stores: 930 sq ft which is 86.4 sq m.
Ground Floor External Storage: 165 sq ft which is 98.9 sq m.
Total (approximately) 4787 sq ft. Or 444 sq m.
Living Accommodation: First Floor: Self contained one bedroom flat, living/dining room, kitchen, bathroom.
Second Floor: As above.
We have not undertaken a measured survey of the premises and all interested parties must seek their own verification of floor areas and dimensions and the suitability of the property for any proposed future use.
Location
The property occupies a prominent and prime trading position within the town centre. Close by there are independent traders as well as Sainsbury's local, St Richard's Hospice and Tesco Express. There is street parking to the front of the property, and several car parks close by.
Bewdley is an attractive Georgian town nestled on the river Severn in an area with a rich agricultural and industrial history.
It lies approximately 3.5 miles west of Kidderminster, 12.5 miles north of Worcester and 23 miles southwest of Birmingham.
Retaining its unique charm with a wealth of listed buildings, it is a popular tourist destination. As well as river trips, attractions include much acclaimed Bewdley Museum, West Midlands Safari Park and The Severn Valley Railway.
Tenure
Freehold Subject to the existing tenancies.
Value Added Tax
We understand VAT is not applicable on this transaction.
Viewing Times
Strictly by appointment with the Auctioneers. Please complete the request a viewing' form or contact the office.
Tenancy Details
Retail unit let to Alliance Property Holdings Ltd T/A Morrisons Daily and Post Office, from 01.10.2025 to 25.10.2033 at a current rent of £15,000 pa. There is a rent review effective 26.10.2028, with a tenant only break clause effective 25.10.2026 and 25.10.2030.
The principal activity of Alliance Property Holdings Ltd is that of operating convenience and newsagent stores. It is a subsidiary of wm Morrison Supermarkets Ltd.
Living Accommodation Flat 1 is let on a periodic tenancy at a current rent of £490 pcm. Flat 2 is let on a periodic tenancy at a current rent of £400 pcm.
Total income £25,680 pa
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
The property comprises an attractive and substantial Grade II listed building. The ownership includes the passage to the side.
The property is three storeys at the front, comprising of the convenience store at ground floor, with two self contained one bedroom flats situated over the first and second floors.
The shop is deceptively spacious, with the demised area extending into several rear buildings including ground floor stores, basement, mezzanine and first floor. Included in the shop demise and situated across the side passageway at the rear, there is a large open external store.
The two flats are accessed by way of a separate entrance from the side passageway and each comprise a hallway, cloak store, kitchen, lounge/dining room, bathroom and double bedroom.
It is understood that the shop has traded as a convenience store under various trading names continually for over 40 years.
It is considered that the extensive size and layout of the property which includes the side passage, may provide development potential in the future subject to the appropriate planning permission.
Accommodation
Ground Floor Sales Area: 1451 sq ft which is 134.8 sq m.
Ground Floor Stores: 785 sq ft which is 72.9 sq m.
Basement Storage: 112 sq ft which is 19.7 sq m.
Basement Office: 60 sq ft which is 5.6 sq m.
Mezzanine Staff Room: 124 sq ft which is 11.5 sq m.
Mezzanine Kitchen: 31 sq ft which is 2.9 sq m.
Mezzanine Stores: 129 sq ft which is 12 sq m.
First Floor Stores: 930 sq ft which is 86.4 sq m.
Ground Floor External Storage: 165 sq ft which is 98.9 sq m.
Total (approximately) 4787 sq ft. Or 444 sq m.
Living Accommodation: First Floor: Self contained one bedroom flat, living/dining room, kitchen, bathroom.
Second Floor: As above.
We have not undertaken a measured survey of the premises and all interested parties must seek their own verification of floor areas and dimensions and the suitability of the property for any proposed future use.
Location
The property occupies a prominent and prime trading position within the town centre. Close by there are independent traders as well as Sainsbury's local, St Richard's Hospice and Tesco Express. There is street parking to the front of the property, and several car parks close by.
Bewdley is an attractive Georgian town nestled on the river Severn in an area with a rich agricultural and industrial history.
It lies approximately 3.5 miles west of Kidderminster, 12.5 miles north of Worcester and 23 miles southwest of Birmingham.
Retaining its unique charm with a wealth of listed buildings, it is a popular tourist destination. As well as river trips, attractions include much acclaimed Bewdley Museum, West Midlands Safari Park and The Severn Valley Railway.
Tenure
Freehold Subject to the existing tenancies.
Value Added Tax
We understand VAT is not applicable on this transaction.
Viewing Times
Strictly by appointment with the Auctioneers. Please complete the request a viewing' form or contact the office.
Tenancy Details
Retail unit let to Alliance Property Holdings Ltd T/A Morrisons Daily and Post Office, from 01.10.2025 to 25.10.2033 at a current rent of £15,000 pa. There is a rent review effective 26.10.2028, with a tenant only break clause effective 25.10.2026 and 25.10.2030.
The principal activity of Alliance Property Holdings Ltd is that of operating convenience and newsagent stores. It is a subsidiary of wm Morrison Supermarkets Ltd.
Living Accommodation Flat 1 is let on a periodic tenancy at a current rent of £490 pcm. Flat 2 is let on a periodic tenancy at a current rent of £400 pcm.
Total income £25,680 pa
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
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