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Offers in region of
£75,000

Shop for sale

Teme Street, Tenbury Wells, WR15
Shop
Added > 14 days

Features and description

  • Tenure: Leasehold
  • Investment property - Business Unaffected
  • Prime High Street Location
  • Sales Area c.52 sq m
  • Stores/WC
  • Double Fronted Window
  • Long Leasehold Interest
BUSINESS UNAFFECTED
Retail shop situated in the picturesque riverside town of Tenbury Wells on the Worcestershire/Shropshire border, in a saught after position in the High Street

Situation: This Greetings Card and Gift Shop is situated in a picturesque riverside town on the Worcestershire/Shropshire border, in a sought after position on the High Street, which hosts on the commercial side a bank, a Chartered Surveyors, three public houses, a pharmacy, a cinema, dentists and optician.
The retail sector includes a newsagent, pet shops, confectionery shop, three cafes, hardware stores, electrical goods retailer, jewellers, ladies beauty salon, a vegetable shop, a fish shop, ladies and men's hairdressers, butchers and a Spar convenience store incorporating the Post Office.

The shop has street parking outside and opposite, plus further parking in the Tesco store. Car parking is available to the rear of the Public Library, off Teme Street which leads to a free car park next to the swimming pool


Description: A double fronted, Grade II listed shop with good display windows and pedestrian door off pavement

Accommodation: Front shop - with exposed beams circulating around the sales counter, rear display area extending to 51.6 sq m (555 sq ft)

Rear Lobby - with WC and hand wash basin, small storage area.
Extending to 11.9 sq m (128 sq ft). Total Area 63.5 sq m

Tenure: The interest being sold is the unexpired term of 125 years lease granted on the ground floor from 4/11/1992 (unexpired term approximately 94 years).


Occupancy: The shop is occupied by 'Nice Things' gift shop which currently pay £6,000 per annum on a 10 year lease expiring 30th November 2033. A copy of the lease is available for inspection at the agent's office.


EPC: Exempt (as property is listed)

Services: Mains Electricity
Mains Water and Drainage

Outgoings: Rateable Value £8,400, which qualifies for Small Business
Rates depending on occupier

Directions: Cross Teme Bridge into the Town Centre, the shop is equidistant between the TSB Bank and the Regal Cinema
on the right hand side

Further Information: Should you require and further information before or after viewing, please contact Franklin Gallimore's office. [use Contact Agent Button]

Viewings: Viewings of the premises are strictly by appointment with Franklin Gallimore.
No prospective purchaser is to make any enquiries at the premises wothout prior agreement of Franklin Gallimore


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About this agent

Franklin Gallimore - Tenbury Wells
Franklin Gallimore - Tenbury Wells
52 Teme Street Tenbury Wells WR15 8AA
01584 539980
Full profileProperty listings
Richard is a lifelong Tenbury Wells resident and an experienced Chartered Surveyor who has worked for more than 20 years in both public and private practices throughout the West Midlands. He has a wealth of development, commercial property, professional and valuation expertise. Richard is also a Regional Spokesman for the Royal Institution of Chartered Surveyors (RICS) and in this capacity provides commentary on the property market for both TV and radio. He has also advised on TV shows including Property Ladder. Edward Gallimore is a Chartered Surveyor and Estate Agent who has practiced in Tenbury Wells for over 30 years, opening his own office in 1988. Edward has built up a strong and loyal client base with unrivaled knowledge of the beautiful Teme Valley and surrounding areas.
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