£165,000
(£164.02/sq. ft)
Office for saleBellstone, Shrewsbury SY1
1,006 sq. ft
About this property
Attractive 2 storey, early 20th century building
Town centre location
Floor areas extending in total to approx. 988 sq ft (91.76 sq m)
Pleasant courtyard setting
Fully Let, income generating office complex
Fully Let Office Complex For Sale
Description
Bellstone Court is an attractive early 20th century, 2 storey building situated within a quiet courtyard in Shrewsbury Town Centre. The property comprises a range of ground and first floor office/consulting rooms, benefitting from ground floor WC facilities and storage. The offices are currently fully let and as such income generating.
Location
The property is situated within the heart of Shrewsbury, to the rear of Bellstone between Old Bank Buildings and St Chad's Church. Situated within the town's historic river loop, to the immediate west of the town centre, surrounding properties comprise a mix of retail, hospitality and office spaces with other residential buildings. The property is accessed off Bellstone via an arched gated pedestrian passage into and enclosed courtyard.
There is no parking at the property, but public parking is located across from Bellstone at Rowley's Mansion.
Accommodation
Ground Floor
Suite One - 451 sq ft (41.94 m sq)
Shared Ladies and Gentlemen's Toilets.
First Floor
Suite Two - 312 sq ft (29.03 m sq)
Suite Three - 242 sq ft (22.50 m sq)
Total Gross Internal Floor Area
1,006 sq ft (93.48 m sq)
Tenancy Schedule - Suite One
Geosmart Information Ltd (Professional Services)
Rent - £6,500 per annum
Lease Details - Let on a lease expiring in July 2029.
Suite Two
Curl Confidence (Hair Salon)
Rent - £3,500 per annum
Lease Details - Quarterly rolling tenancy.
Suite Three
Merial Thomas ( Book Keeper)
Rent - £3,000 per annum
Lease Details - Quarterly rolling tenancy.
Further details available from the selling agents upon request.
Price
Asking price of £165,000 (One hundred sixty
five thousand pounds) subject to contract, showing an initial yield of 7.72% (After allowing for purchasers costs in the normal way).
Tenure
The property is held Freehold (Title Number SL182539).
VAT
It is our understanding that the property is not elected for VAT.
Business Rates
Interested parties should rely on their own investigations through the local authority. Shropshire Council Tel:
EPC
The property EPC’s are as follows:
Suite 1 – E
Suite 2 – G
Suite 3 – G
Services
We understand that the property benefits from mains water, electricity, and sewage. Purchasers are to rely on their own investigations.
Legal Costs
Each party to be responsible for their own legal costs.
Method Of Sale
The land is offered by private treaty. The vendor reserves the right not to accept the highest or any offer.
Wayleaves, Easements And Rights Of Way
The property will be sold subject to and with all the benefit of all wayleaves, easements and rights of way which may exist whether mentioned in these particulars or not.
Viewings
By appointment through Berrys or Halls (acting as joint agents). Please contact the agent (contact details below) to arrange an appointment.
Description
Bellstone Court is an attractive early 20th century, 2 storey building situated within a quiet courtyard in Shrewsbury Town Centre. The property comprises a range of ground and first floor office/consulting rooms, benefitting from ground floor WC facilities and storage. The offices are currently fully let and as such income generating.
Location
The property is situated within the heart of Shrewsbury, to the rear of Bellstone between Old Bank Buildings and St Chad's Church. Situated within the town's historic river loop, to the immediate west of the town centre, surrounding properties comprise a mix of retail, hospitality and office spaces with other residential buildings. The property is accessed off Bellstone via an arched gated pedestrian passage into and enclosed courtyard.
There is no parking at the property, but public parking is located across from Bellstone at Rowley's Mansion.
Accommodation
Ground Floor
Suite One - 451 sq ft (41.94 m sq)
Shared Ladies and Gentlemen's Toilets.
First Floor
Suite Two - 312 sq ft (29.03 m sq)
Suite Three - 242 sq ft (22.50 m sq)
Total Gross Internal Floor Area
1,006 sq ft (93.48 m sq)
Tenancy Schedule - Suite One
Geosmart Information Ltd (Professional Services)
Rent - £6,500 per annum
Lease Details - Let on a lease expiring in July 2029.
Suite Two
Curl Confidence (Hair Salon)
Rent - £3,500 per annum
Lease Details - Quarterly rolling tenancy.
Suite Three
Merial Thomas ( Book Keeper)
Rent - £3,000 per annum
Lease Details - Quarterly rolling tenancy.
Further details available from the selling agents upon request.
Price
Asking price of £165,000 (One hundred sixty
five thousand pounds) subject to contract, showing an initial yield of 7.72% (After allowing for purchasers costs in the normal way).
Tenure
The property is held Freehold (Title Number SL182539).
VAT
It is our understanding that the property is not elected for VAT.
Business Rates
Interested parties should rely on their own investigations through the local authority. Shropshire Council Tel:
EPC
The property EPC’s are as follows:
Suite 1 – E
Suite 2 – G
Suite 3 – G
Services
We understand that the property benefits from mains water, electricity, and sewage. Purchasers are to rely on their own investigations.
Legal Costs
Each party to be responsible for their own legal costs.
Method Of Sale
The land is offered by private treaty. The vendor reserves the right not to accept the highest or any offer.
Wayleaves, Easements And Rights Of Way
The property will be sold subject to and with all the benefit of all wayleaves, easements and rights of way which may exist whether mentioned in these particulars or not.
Viewings
By appointment through Berrys or Halls (acting as joint agents). Please contact the agent (contact details below) to arrange an appointment.
Mortgage calculator
Monthly repayment
£825 per month
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