Investment, For Sale

44-45 High Street, and 99 Cartway, Bridgnorth, Shropshire, WV16 4DX.

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Details

Property Reference

AGS/4186

Address

44-45 High Street, and 99 Cartway, Bridgnorth, Shropshire, WV16 4DX.

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.

Description

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?

Get directions to this property:

44-45 High Street, and 99 Cartway

Detailed Specification

  • Size

    3,500 sq ft
  • Price/ Rent

    Offers in region of £560,000 for freehold investment
  • Accommodation

    44a High Street333 sq ft30.90 sq m
    44 High Street163 sq ft15.14 sq m
    33-35 High Street1,836 sq ft170.57 sq m
    45 High Street650 sq ft60.3 sq m
    Total Area2,982 sq ft276.91 sq m
  • Services

    We have assumed that all mains services are available or 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

    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: 0345 678 9000
  • 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.
  • 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: Alex Smith MRICS
    Direct Line: 01952 521007
    Mobile: 07795 275 113
    Email: alex@andrew-dixon.co.uk
    Ref: AGS/4186

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.