Commercial property for sale in Mixed Retail/Residential Premises, 5 High Street, Much Wenlock, Shropshire TF13, £239,000

239,000.00

Offer Nr.:
65172469
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Andrew Dixon and Co
Phone(s):
01952 476852

* Ground floor florist shop and flat above
* Rental income circa £17, 000 - £19, 000 pa
* Investment or owner occupier opportunity
The property comprises a three - storey, Grade II listed period building dating
from the early 19th century, which has been fully refurbished and adapted by
the current owner to provide a retail unit on the ground floor with display
shop frontage, and two self - contained one - bedroom apartments on the upper
floors. The first floor apartment is included in the sale and the second floor
apartment may be available by separate negotiation.
The ground floor shop is currently let to a florist and is arranged over a
split level, having a mainly open plan sales area with serving counter and
worktop and a wash hand - basin to the rear. The shop premises also benefits
from a separate storeroom and WC facility, which is accessed via a shared
courtyard to the rear of the building.
On the first floor there is well presented one - bedroom apartment, which is
currently utilised as a holiday let. It benefits from a private ground floor
access to the rear of the building leading to an entrance hall with internal
staircase rising to the sitting room and kitchen, a double bedroom with fitted
wardrobes and an en - suite shower room. Outside, the shared courtyard is ideal
for alfresco living, being enclosed by a secure electric - gated entrance.
**Location**
Much Wenlock is a historic market town and tourist destination in Shropshire.
The town centre has a good range of specialist shops, convenience stores,
restaurants and public houses, complemented by both primary and secondary
schools. The surrounding countryside is picturesque and unspoiled.
Much Wenlock is centrally located within Shropshire on the A458 road between
Shrewsbury and Bridgnorth. It lies approximately 8 miles southwest of Telford,
11 miles southeast of Shrewsbury, and 19 miles west of Wolverhampton. Nearby
to the northeast is the Ironbridge Gorge.
The property itself occupies a prominent position in the High Street with rear
vehicular access onto St Mary's Lane car park just off St Mary's Road.
**Planning**
We understand the property has planning permission for Class E and C3 of the
Town and Country Planning (Use Classes) Order 1987 (as amended).
**Tenure**
The property is for sale on a long leasehold basis, subject to the existing
underlease on ground floor shop. The Vendor may consider splitting the
property and selling separately. Please refer to the marketing brochure for
further details.
**Local Authority**
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:
**Rateable value**
According to the Valuation Office Agency website the rateable value of the
ground floor shop in the 2023 rating list is £5, 800.
**Energy Performance Certificate**
Ground floor shop C59; First floor apartment d - 68.

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