Teme Street, Tenbury Wells, WR15

For Sale - Leasehold - OIRO £75,000

Shop, Leasehold

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. Tel: 01584 810 436
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

Branch Address
52 Teme Street
Tenbury Wells
Worcester
Worcestershire
WR15 8AA

Contact
A: Franklin Gallimore
T: 01584 810 436
E: office@franklingallimore.co.uk

Reference: FRGL_000923

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further enquiries to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.