Former TSB, Teme Street, Tenbury Wells, WR15

Under Offer - Freehold - Guide Price £300,000

Property photo

Commercial, Freehold

Landmark property in excellent trading position in Market Town


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Situation
 The property 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 fish shop, ladies and men's hairdressers, butchers and a Spar convenience store incorporating the Post Office directly opposite.

  
Description
 A bespoke bank built in a classical style at the turn of the 20th century and subsequently extended.

  
GROUND FLOOR
 Bespoke Banking Hall with auxilliary offices, strongrooms, stores etc. 220.39 sq m (2,372 sq ft)

  
FIRST FLOOR
 Auxilliary Accommodation comprising of mess room, WC's. 36.85 sq m (397 sq ft) Total 257.24 sq m (2,769 sq ft)

  
OUTSIDE
 behind vehicular gates is a tarmacadum drive leading to a surface car park providing 15 spaces. To the front lies an elevated platform from the pavement leading to the cash machine

  
Business Rates
 Rateable value £14,750 (2023)

  
Services
 Mains water Mains gas Mains electricity and drainage

  
Tenure
 The property is freehold and vacant possession will be given on completion. NB. The current tenant (TSB Bank PLC) is to close in May 2025 and will yield vacant possession on the expiry of their lease at the end of June 2025

  
EPC
 Certificate number: 2410-6377-2020-6301-4091

  
Floor Plan 1
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_001344
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.