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Commercial property for sale

Scotland Street, Ellesmere, SY12

Offers in Region of £800,000

Property Description

Key features

  • 3 Large Mature Properties
  • Commercial Premises
  • 14 Flats
  • 1 Maisonette
  • Parking Approx 15 Cars
  • Unique Investment
  • Excellent Location
  • Viewing Essential

Full description

A UNIQUE INVESTMENT OPPORTUNITY TO ACQUIRE 3 LARGE MATURE PROPERTIES COMPRISING COMMERCIAL PREMISES, FLATS, MAISONETTE AND PARKING FOR APPROX 15 VEHICLES *** ORIGINAL ASKING PRICE OFFERS OVER 1,000,000 ***

Description

Halls are delighted with instructions to offer London House, Talgarth House and Scotland House for sale by private treaty.
The properties offer a unique opportunity for investment buyers to acquire 3 conveniently situated properties comprising flats including commercial premises on the ground floor of each block and a car park for approximately 15 vehicles to the rear.

The properties have been maintained to a high standard by the current vendors having been subject to improvement works as recently as 2006.

The properties comprise the following:
London House comprises Four 1 bedroomed Flats and one commercial unit.

Scotland House comprises Five 1 bedroomed Flats and two commercial units.

Talgarth House comprises Four flats (flat 4 comprises 2 bedrooms) together with a 1 bedroomed maisonette with separate access and a ground floor commercial premises.

The properties are currently fully occupied with 11 of the flats let on an assured shorthold tenancy agreement. Two of the flats and the maisonette, in Talgarth House, are let on a protected tenancy agreement.

The commercial premises are occupied on leasehold agreements. Details of tenancy agreements and rental income are available from the agents offices.

The sale of these substantial and imposing town centre properties does, therefore, provide a very rare opportunity for investment buyers to acquire a conveniently situated and well maintained collection of town centre property providing a substantial rental income.

Halls, the sole selling agents, strongly urge interested parties to contact the Ellesmere office for further information.

Situation

The properties on Scotland Street are located within the centre of the well known North Shropshire Lakeland town of Ellesmere. Ellesmere has an excellent range of local shopping, recreational and educational facilities and is also within easy reach of the larger centres of Oswestry (8 miles) and the county town of Shrewsbury (16 miles) both of which have a more comprehensive range of amenities of all kinds.

London House

comprising:
Flat 1: approx 31.21 sq.m
Flat 2: approx 33.65 sq.m
Flat 3: approx 31.92 sq.m
Flat 4: approx 33.65 sq.m
Commercial Premises: approx 86.08 sq.m
The flats comprise a Lounge, Kitchen, Bedroom and Bathroom.

Scotland House

Comprising:
Flat 1: approx 44.44 sq.m - Living Kitchen, Bedroom & Bathroom
Flat 2: approx 48.02 sq.m - Living Room, Kitchen, Bedroom & Bathroom
Flat 3: approx 44.44 sq.m - Living Kitchen, Bedroom & Bathroom
Flat 4: approx 43.22 sq.m - Living Kitchen, Bedroom & Bathroom
Flat 5: approx 46.91 sq.m - Living Room, Kitchen, Bedroom & Bathroom
Commercial Premises:
No 1: approx 20.50 sq.m
No 2: approx 25.50 sq.m

Talgarth House

Comprising:
Flat 1: approx 30.72 sq.m - Living Room, Kitchen, Bedroom & Bathroom
Flat 2: approx 38.91 sq.m - Kitchen, Bedroom/Sitting Room & Bathroom
Flat 3: approx 51.87 sq.m - Living/Bedroom, Kitchen & Bathroom. (Let on a Protected Tenancy Agreement)
Flat 4: approx 77.84 sq.m - Sitting Room, Kitchen, 2 Bedrooms & Bathroom. (Let on a Protected Tenancy Agreement)
Maisonette No.5: approx 44.80 sq.m - Ground Floor: Lounge, Kitchen & Bathroom. First Floor: Bedroom. (Let on a Protected Tenancy Agreement)
Commercial Premises: approx 49.03 sq.m

Parking

The car park is located to the rear of the properties, accessed via an alleyway from Scotland Street, providing parking for approximately 15 vehicles. There is a freestanding wooden/asbestos garage (16'6 x 9'6 ) with double opening front doors.

Outside

There is a secluded clothes drying area with rotary lines and sensor activated lighting to the door entrances.

Rental Income

The residential properties are currently let on either an assured shorthold tenancy agreement or a protected tenancy agreement (as specified). The commercial premises are all currently occupied with leasehold agreements in place. For details of the rental income, please contact Halls, Ellesmere Office.

Services

We are informed that the properties all have the benefit of mains water, electricity and drainage.

Local Authority

North Shropshire District Council, Edinburgh House, New Street, Wem, Shropshire. SY4 5DB. TEL: (01939) 232771.

Council Tax

For details of the council tax listing, please contact North Shropshire District Council. TEL: 01939 232771.

Tenure

The property is said to be of freehold tenure subject to protected tenancy agreements on Flats 3 and 4 and the Maisonette in Talgarth House.

Plans

The ground floor plans of each property are available for inspection at the agents offices.

Viewing

By appointment through Halls, The Square, Ellesmere, Shropshire. Tel:(01691) 622602.

There is a secluded clothes drying area with rotary lines and sensor activated lighting to the door entrances.

Halls Holdings Ltd and any joint agents for themselves, and for the Vendor of the property whose Agents they are, give notice that: (i) These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract (ii) No person in the employment of or any agent of or consultant to Halls Holdings has any authority to make or give any representation or warranty whatsoever in relation to this property (iii) Measurements, areas and distances are approximate, Floor plans and photographs are for guidance purposes only (photographs are taken with a wide angled / zoom lenses) and dimensions shapes and precise locations may differ (iv) It must not be assumed that the property has all the required planning or building regulation consents. Halls Holdings Ltd, Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, Shropshire SY4 3DR. Registered in England 06597073.


More information from this agent

To view this property or request more details, contact:

Halls Estate Agents, Ellesmere

The Square, Cross Street, Ellesmere, SY12 0AW

01691 595001 Local call rate

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Disclaimer

Property reference 303741A_3741. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Halls Estate Agents, Ellesmere. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.