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Commercial Property for sale

Load Street, Bewdley, Worcestershire

Offers in Region of £325,000

Property Description

Key features

  • Investment Property
  • Georgian Town of Bewdley
  • Three 1 bed flats
  • Retail shop 99 year leasehold
  • Sought after location
  • Freehold

Full description

FREEHOLD INVESTMENT PROPERTY FOR SALE. Sought after location in Load Street Bewdley Three one bedroom flats currently achieving £1425 per calendar month. Retail premises under 99 year lease achieving a yearly ground rent of £750.00 EPC's detailed on particulars. Further pictures can be seen at www.doolittle-dalley.co.uk or www.rightmove.co.uk In addition the property at the rear The Cottage, is also available at £125,000 see separate particulars.

General - 65 Load Street is located to the right hand side of the Weatherspoons public house and hotel. The flats are accessed via a gated entrance off Load Street. A communal entrance door leads to stairway where flats 1 and 2 are located on the first floor, further communal stairs lead to flat 3 and upon entering there are further stairs to the 2nd floor accommodation.

Flat 1 - Front Elevation Over Looking Load Street - Entrance hall with walk in wardrobe. Night storage heaters throughout.

Front Living Room - 4.42m x 3.70m (14'6" x 12'2") - With sash single glazed window.

Rear Bedroom - 4.17m x 3.61m (13'8" x 11'10") -

Bathroom - 1.88m x 3.74m (6'2" x 12'3") - Shower cubicle with Triton T80 electric shower. Panel bath and low flush w.c.

Kitchen - 2.30m x 3.69m (7'7" x 12'1") - Fitted floor and wall units. Stainless steel single drainer sink unit. Electric built in cooker and hob. Circulating fan. Plumbing for washing machine. Part tiled walls. Emersion heater and airing cupboard. Night storage heater.

Flat 2 Rear Of 65 - Similar model to flat 1 with night storage heaters.

Lounge - 4.41m x 3.74m (14'6" x 12'3") -

Bathroom - 2.13m x 2.10m (7'0" x 6'11") - Panel bath. T80 electric shower. Airing cupboard.

Kitchen - 4.25m x 2.34m (13'11" x 7'8") - Fitted units. Stainless steel single drainer sink unit. Fitted cooker and hob. Circulating fan.

Bedroom - 4.26m x 3.73m (14'0" x 12'3") - Fitted cupboards.

Flat 3 - Rear Of 65 - Similar to flat 1 & 2 with the exception of the fact that upon entering the flat stairs lead up to the accommodation.

Living Room - 6.32m x 3.60m (20'9" x 11'10") -

Kitchen - 2.66m x 2.60m (8'9" x 8'6") - Airing cupboard, stainless steel single drainer sink unit. Cooker, hob and circular fan.

Bathroom - 2.37m x 2.14m (7'9" x 7'0") - Panel bath. Wash hand basin. Low flush w.c. Shower cubicle with triton T80 shower. Xfan overhead fan heater.

Bedroom - 3.33m x 3.72m (10'11" x 12'2") -

Shop 56 Load Street - There is a ground rent of £750 per annum payable to the freeholder from the shop. At the time of sale a lease hold interest will be created for a term off 99 years for the existing tenant.

Council Tax / Rateable Value - All flats are rated band A council tax. The rateable value of the shop is £10,000. 2017 draft valuation is £8,300

Tenure - Freehold.

Services - Mains water, electricity and drainage are connected. We have not tested any apparatus, fixtures, fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose. Prospective tenants are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate

Fixtures & Fittings - Any fixtures and fittings not mentioned in these particulars are excluded from the sale.

Viewing / Reference - By prior appointment with Doolittle & Dalley (01562) 821600 option 3 ref JEA/CA 012145

Money Laundering Regulations 2003 - We are governed by the Anti-money Laundering Legislation and are obliged to report any knowledge or suspicion of money laundering to the National Criminal Intelligence Service. Therefore if you purchase this property you will be required to produce photographic identification and a utility bill for your current address in accordance with this Act. Without identification a sale cannot proceed.

Messrs. Doolittle & Dalley for themselves and for the vendors/lessors of this property whose agents they are, give notice that:-
1.These particulars do not constitute, or constitute any part, of an offer or a contract. 2.All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Doolittle & Dalley or the vendor. 3.None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4.Any intending purchaser must satisfy him/herself by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. 5.The vendor does not make or give and neither Messrs. Doolittle & Dalley or any person in their employ has any authority to make or give any representation or warranty whatever in relation to this property.


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