£560,000
(£160.00/sq. ft)
Property for sale44-45 High Street, And 99 Cartway, Bridgnorth, Shropshire WV16
3,500 sq. ft
About this property
Mixed retail/restaurant & residential uses
Prominent High Street location
Rental income £52,200 pax
The property offers an opportunity to acquire an attractive and fully let, mixed commercial and residential investment in a High Street location.
The prominent, three-storey corner building is arranged to provide four self-contained commercial units over ground, first and second floor levels, which currently incorporate a mixture of retail and restaurant uses.
Also at first and second floor levels, there are three self-contained residential apartments/flats, which have been sold on a long leasehold basis with a ground rent payable to the freeholder. Please refer to the Tenure section for further details.
Is there any outside space or parking?
Location
Bridgnorth is a prosperous market town in Shropshire with a population of circa 12,000. It is located close to the Staffordshire border, some 10 miles south of Telford New Town and 20 miles southeast of the county town of Shrewsbury.
Bridgnorth has an extensive rural catchment area and offers an attractive and historic retail core, which is also popular with tourists.
The property itself occupies a prominent position on the High Street, opposite national users such as Fat Face, Superdrug and jd Weatherspoon.
Planning
Interested parties are advised to make their own enquiries with the Local Planning Authority.
Tenure
The property is available to purchase on a freehold basis, subject to the commercial occupational leases as detailed in the Tenancy Schedule. Additionally, there are three self-contained apartments/flats, which have been sold on a long leasehold basis with a ground rent of £100 per annum payable to the freeholder.
Local Authority
Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, SY2 6nd - Tel: Rateable value
Interested parties should make their own enquiries with the Local Rating Authority.
Energy Performance Certificate
Please see the marketing brochure for EPC ratings.
The prominent, three-storey corner building is arranged to provide four self-contained commercial units over ground, first and second floor levels, which currently incorporate a mixture of retail and restaurant uses.
Also at first and second floor levels, there are three self-contained residential apartments/flats, which have been sold on a long leasehold basis with a ground rent payable to the freeholder. Please refer to the Tenure section for further details.
Is there any outside space or parking?
Location
Bridgnorth is a prosperous market town in Shropshire with a population of circa 12,000. It is located close to the Staffordshire border, some 10 miles south of Telford New Town and 20 miles southeast of the county town of Shrewsbury.
Bridgnorth has an extensive rural catchment area and offers an attractive and historic retail core, which is also popular with tourists.
The property itself occupies a prominent position on the High Street, opposite national users such as Fat Face, Superdrug and jd Weatherspoon.
Planning
Interested parties are advised to make their own enquiries with the Local Planning Authority.
Tenure
The property is available to purchase on a freehold basis, subject to the commercial occupational leases as detailed in the Tenancy Schedule. Additionally, there are three self-contained apartments/flats, which have been sold on a long leasehold basis with a ground rent of £100 per annum payable to the freeholder.
Local Authority
Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, SY2 6nd - Tel: Rateable value
Interested parties should make their own enquiries with the Local Rating Authority.
Energy Performance Certificate
Please see the marketing brochure for EPC ratings.
Mortgage calculator
Monthly repayment
£2,801 per month
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