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Commercial Property for sale

High St, Ironbridge

Sold STC £299,995

Property Description

Key features

  • Commercial premises in prominent position
  • Tenant in situ on new 10 year lease (tenants break clause at end of second year)
  • Annual income of 30,000
  • Fitted out to a high standard
  • Total internal floor area 174 m sq (1876.15 ft sq)
  • Outside seating area
  • Enviable trading position
  • VAT payable on purchase price
  • All mains services connected
  • Rateable value 2016/17 7200 - Rates payable 691.20

Full description

Prominently situated commercial premises currently in use as a cafe bar/restaurant in the heart of the world heritage site of Ironbridge Gorge. The property has planning approval for the erection of a timber and glass covered seating area and the installation of a disabled access. The property is currently rented out on a 10 year lease with an income of £30,000 per annum (tenants break option at end of year two). Total internal floor area 174 m sq (1876.15 ft sq) plus attractive outside seating area.


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