For Sale - 49 & 49a High Street, Wellington, Telford, TF1 1JT

£119,000

Property Summary

Property Description

Town Centre Location Tenanted investment opportunity Combined rental income of £8,400 per annum Shop extends to approximately 36 sq m EPC Rating D100

Property Full Details

LOCATION
Wellington is a historic market town and the largest district centre within the borough of Telford & Wrekin and forming part of Telford. Wellington is located approximately 5 miles west of Telford Town Centre and approximately 1.5 miles distant from junctions 6 and 7 of the M54 motorway. The property is situated in close proximity to other retailers in the town including Wilkinson’s, Greggs, Timpson’s, Holland & Barrett, Halifax, Barclays and HSBC.

The subject property is of brick construction under a clay tiled roof.

DESCRIPTION
49 comprises a ground floor hairdressers let on a 3 year lease from October 2014 paying a rent of £4,800 per annum exclusive.

49A comprises a first floor one bedroom flat let at £300 per calendar month.

ACCOMMODATION
Ground Floor
Retail area 30.02 sq m (323 sq ft)
Store 6.68 sq m (72 sq ft)
WC NA

Total NIA 36.7 sq m (395 sq ft)

First Floor

SERVICES
We understand that mains water, electricity and drainage services are connected or capable of being connected to the property. Interested parties should make their own enquiries with the appropriate suppliers regarding any connection arrangements.

VAT
We understand that the Vendor has elected not to charge VAT on the sale.

LEGAL COSTS
Each party is to be responsible for their own legal costs in connection with the letting.

VIEWING
Strictly by prior appointment with the sole agent, Barbers:
David Lowe
Mob: 07814 002 791
Tel: 01952 221 220
Email: commercial@barbers-online.co.uk

1 Church Street
Wellington
Telford
Shropshire
TF1 1DD