Bridge Street, Bridgnorth, Shropshire, WV15

£175,000

Guide price

Convenient located in this Historic Market Town within walking distance of local amenities, a three storey property of traditional brick construction mixed Residential/Commercial Investment comprising: Ground Floor Retail Unit, a Residential Duplex Apartment and a Residential Ground Floor Studio Apartment with an external yard area to the rear. Potential to generate a combined income of £12,740 per annum exclusive. Offers are invited around the asking price for the Freehold interest.

Convenient located in this Historic Market Town within walking distance of local amenities, a three storey property of traditional brick construction mixed Residential/Commercial Investment comprising: Ground Floor Retail Unit, a Residential Duplex Apartment and a Residential Ground Floor Studio Apartment with an external yard area to the rear. Potential to generate a combined income of £12,740 per annum exclusive. Offers are invited around the asking price for the Freehold interest.

Retail Area Ground Floor area: 149 sq feet / 13.85 sq mtrs (measurement excludes rear storage area/wc)

Storage Area at rear and separate w.c.

Rear Studio Apartment "The Shoe Box" 221 sq feet / 21 sq mtrs (measurements excludes Bathroom).

Accessed via a shared side entry with Bedroom/Living area, Kitchen and Bathroom. There is also an external yard area to the rear.

First & Second Floor Duplex Apartment 438 sq feet / 40.68 Sq mtrs.

Also accessed via the shared side entry, the apartment comprises of a Hall, Lounge/Dining area and rear Kitchen. Stairs lead to second floor Landing, Bedroom and Bathroom.

Services We understand mains water, electricity and drainage services are presented connected. Gas fired central heating is installed to the Duplex Apartment. We have not tested any apparatus, fixtures fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose. Prospective tenants are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate and advised to make their own enquiries with the relevant utility companies.

Tenure We understand the Tenure is Freehold and the Ground Floor of the property has an established retail use under Class A1 (Shops) of the Town & Country Planning (Use Classes) order 1987. Prospective Purchasers are advised to make their own enquiries to the Local Authority regarding their intended use.

We understand that the property is Grade II Listed and situated within the Bridgnorth Town Conservation Area.

SHOP: Tenant Agreement from 28th December 2017 to date.

Current Rent = £4,400

Lease Expires: 27th December 2019

DUPLEX APARTMENT (First & Second Floor) Current Rent = £400 PCM

Shorthold Tenancy.

Council Tax Band = A

"THE SHOE BOX" (Ground Floor) Tenant Agreement from 09th December 2015 to date.

Current Rent = £3,600

Shorthold Tenancy

Council Tax Band = A

Copies of Agreements Available for inspection by appointment

SHOP RATES: Rateable Value = £1,950

Rates payable: £936

Interested parties are advised to make their own enquiries to the Business Rates Liability.

VIEWING By prior appointment with Doolittle & Dalley 01746 763336.

Directions From A442 Bridgnorth Road, turn left into Low Town along St. John's Street which leads onto Bridge Street, where the property will be seen on the left hand side.

Reference: jea.jg.21.03.16

Money Laundering Regulations 2003 We are governed by the Anti-money Laundering Legislation and are obliged to report any knowledge or suspicion of money laundering to the National Criminal Intelligence Service. Therefore if you purchase this property you will be required to produce photographic identification and a utility bill for your current address in accordance with this Act. Without identification a sale cannot proceed.

Misrepresentation Act Messrs. Doolittle & Dalley for themselves and for the vendors/lessors of this property whose agents they are, give notice that:-

1.These particulars do not constitute, or constitute any part, of an offer or a contract.2.All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Doolittle & Dalley or the vendor.3.None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.4.Any intending purchaser must satisfy him/herself by inspection or otherwise, as to the correctness of each of the statements contained in these particulars.5.The vendor does not make or give and neither Messrs. Doolittle & Dalley or any person in their employ has any authority to make or give any representation or warranty whatever in relation to this property.

Valuation Advice for Prospective Purchasers If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.

Energy Performance Rating The property is believed to be Listed, therefore an Energy Performance Certificate is not required.

Arrange viewing 01562 821600

Doolittle & Dalley

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