Property for sale
Property description & features
- Tenure: Freehold
For sale by unconditional online auction.
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
Invest in this superb detached commercial property in the established location of Wellington Road, Telford. This property offers a fantastic investment opportunity with great potential returns.
Currently, this detached commercial building is let out to four different companies, providing a combined monthly rental income of £2000pcm
Situated in a prime location, this commercial property benefits from excellent local amenities and easy access to major road links. The area is well-known and attracts a thriving business community. a steady and attractive return on investment. With a potential yield of approximately 9.6% at a value of £250,000, this property is a worthwhile investment opportunity. Spanning approximately 1693 square feet, this versatile property offers ample space for various business activities. The well-maintained premises feature air conditioning units and a security entrance system, ensuring a comfortable and secure environment. The property comprises four reception areas, providing flexibility for dividing and leasing to multiple businesses. Alongside the well-appointed reception hallway, there are two toilets and a modern kitchen, perfectly catering to commercial needs. One of the outstanding features of this commercial property is the provision of approximately 15 car parking spaces. This allows for convenient customer and employee parking, enhancing the overall appeal and accessibility of the property. Ample parking can be a significant advantage for businesses seeking commercial space. The Energy Performance Certificate (EPC) rating for this property is E. Implementing energy-saving measures can further improve energy efficiency, potentially reducing operational costs for tenants. Don't miss out on this excellent investment opportunity! Take advantage of the established location, great local amenities, and road links.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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*DISCLAIMER
Property reference 269951. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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