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Retail Property (high street) for sale

33 Green End, Whitchurch, Shropshire, SY13 1AD

Removed £100,000

Property Description

Full description

Tenure: Freehold

The property is situated fronting Green End, one of the main retail shopping streets in the Town Centre of Whitchurch.

Whitchurch itself is an important north Shropshire market town with Chester being approximately 21 miles to the North, Shrewsbury 20 miles to the south and Nantwich 13 miles to the north east and Wrexham is 15 miles distant.

The property comprises a two storey terraced building used as an Optometrists. To the rear there is a garden. If the property were to become vacant it would be suitable for retail, office or residential use subject to statutory consents as well as to its existing business use for which it is well suited.

The property was refurbished extensively when purchased by the existing owner during 1984 to 1985.

Ground Floor
Reception office / sales area 5 x 4.1 and 4.17 x 3.03 (net 33.13 sq m)
Consulting room 3.98 x 3.4 (net 13.53 sq m)
Office 3.84 x 2.97 (net 11.4 sq m)
Kitchen 2.05 x 2.05 (net 4.2 sq m)

First Floor
Store One 5.55 max x 4.1 max (net 19.04 sq m)
Store Two 5.55 x 4.18 (net 23.2 sq m)

Rear Garden with independent pedestrian access.

We understand that mains water, electricity, gas and drainage services are connected to the site. The property is heated by a gas fired central heating radiator system.

The property is of Freehold tenure subject to a lease to Nusyte Optical Group Limited.

The lease is for a term of 3 years from the 1st April 2016 at a rent of £8,250 per annum. The lease is on a tenants full repairing and insuring basis and there is a rent review due on the 1st April 2018.

Nusyte Optical Group Limited have other branches (7 in total) and the business in Whitchurch has been established for many years.

The rateable value of the property on the 2010 list is given on the Valuation Office website as a rateable value £4,100. On the draft 2017 list the rateable value is £4,100.

Our client has advised us that the premises are not registered for VAT

Each party is to be responsible for their own legal costs in connection with this matter.

Strictly by prior appointment with the sole agent, Barbers:

Tel: 01952 221220

1 Church Street

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