Retail, For Sale

20-22 Market Street, Oakengates, Telford, Shropshire, TF2 6ED.

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Details

Property Reference

BNF/4141

Address

20-22 Market Street, Oakengates, Telford, Shropshire, TF2 6ED.

Location

The property is situated in a prominent position at the lower end of Market Street in Oakengates and forms part of a parade of local shops. Market Street is the main retail thoroughfare and intersects with Oxford Street in the town centre.

The property itself adjoins Chapel Street, a pedestrianised area providing rear access through to Lion Street. It is directly opposite Limes Walk and the newly developed Oakengates Theatre Quarter, which it is envisaged will regenerate the town centre, boosting footfall into Oakengates and transforming the 1960's shopping precinct into a modern shopping experience for residents and visitors alike.

Oakengates is one of the local centres within Telford and is located approximately 1.5 miles north of Telford town centre with good access to the West Midlands conurbation via junctions 5 and 6 of the M54 motorway.

Description

The property comprises a two-storey retail/showroom premises situated at the junction of Chapel Street, and there is a vehicular access off Lion Street leading to an enclosed rear service/delivery yard.

The building probably dates from the early part of the 20th century, being of part rendered traditional cavity brickwork construction. Beneath a split level roof. It benefits from a fully glazed shop frontage onto Market Street at ground floor level with a recessed access door, and a mixture of uPVC framed, double glazed windows and the original timber and metal framed units on the first floor.

Internally, the majority of the ground floor accommodation is laid over to general retailing, complete with sales counter and office. There is a corridor to the rear with stairs to the first floor as well as an enclosed store, which in turn accesses the rear service yard. There is also a goods lift to the first floor with a toilet, staffroom and kitchenette off.

The first floor currently provides a series of storerooms and a rear workshop.

The property sits on a total site area of 0.06 acres (0.024 hectares) including the rear service yard, which is fully secured with steel palisade fencing.

Get directions to this property:

20-22 Market Street, Oakengates

Detailed Specification

  • Size

    5,049 sq fto on 0.06 ac
  • Price/ Rent

    Asking price £325,000
  • Accommodation

    Groound floor retail area2,045 sq ft189,91 sq m
    Ancillary space966 sq ft89.84 sq m
    First floor stores and workshop2,038 sq ft469.10 sq m
    Gross Internal Area5,049 sq ft469.10 sq m
  • Services

    We understand that all mains services with the exception of gas are connected to the property. It should be noted that we have not checked or tested these services and interested parties should make their own enquiries.
  • Planning

    The property currently has planning permission for uses falling under Class E of the Town and Country Planning (Use Classes) Order 1987 (as amended). It does lend itself to potential residential conversion, subject to planning permission. Interested parties should make their own enquiries with the Local Planning Authority.
  • Tenure

    Freehold: The property is available to purchase freehold with vacant possession.
  • Local Authority

    Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel: 01952 380000.
  • Rateable Value

    According to the Valuation Office Agency website, the rateable value of the property in the 2023 Rating List is £24,750.
  • Energy Performance Certificate

    The property has an Energy Rating of C(69)
  • VAT

    All figures quoted are exclusive of VAT, which may be payable at the prevailing rate.
  • Legal Costs

    Each party to be responsible for their own legal costs in connection with this matter.
  • Viewing

    Strictly by prior appointment with the Agent's Telford office:
  • Additional Viewing Information

    Contact: Nathan Fern
    Direct Line: 01952 521004
    Mobile: 07957 828 569
    Email: nathan@andrew-dixon.co.uk
    Ref: BNF/4141

Disclaimer:
Andrew Dixon & Company. for themselves and for the vendors or lessors of this property whose agents they are give notice: (1) The particulars are set out as a general outline for the guidance of intending purchasers or lessors, and do not constitute, nor constitute part of, an offer or contract. (2) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not reply on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (3) No employee of Andrew Dixon & Company. has any authority to make or give representation or warranty whatever in relation to this property.

As far as possible, these particulars are intended to give a fair description of the property. Unless otherwise stated, no enquiries have been made of statutory authorities nor tests made of electricity, plumbing or other services installed in the property. No warranties or certificates of building work, leases/title documents have been inspected. Such information as is given in these particulars is based on a purely visual inspection only and information supplied to us by the vendor/lessor. Interested parties must take their own measurements in order to satisfy themselves that the premises are suitable for their own requirements. Our measurements are approximate in order to give an indication of size only. Whilst every care has been taken to prepare these particulars, we would be grateful if you could inform us of any errors or misleading descriptions found in order that we may correct them in our records.