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Retail Property (high street) for sale

High Street, Stourport-on-Severn, DY13

£265,000

Property Description

Key features

  • CLOSE TO NATIONAL RETAILERS, SUPERDRUG, WH SMITH, HERON FOODS, ETC.
  • GROUND FLOOR RETAIL UNIT UNDER OFFER SUBJECT TO PLANNING

Full description

Retail Unit For Sale Plus Investment

Vacant Ground Floor Shop With 3 Self-Contained Flats, 2 Of Which Are Currently Let, For Sale And To Let. Prominently Located At Junction Of High Street, New Street And Bridge Street In Stourport. EPC = D.

LOCATION
The premises are very prominently located within Stourport Town Centre at the junction of High Street, New Street and Bridge Street.
Occupiers represented in Stourport include Boots, Heron Frozen Foods, HSBC and Superdrug.

DESCRIPTION
The property comprises a three storey building. The ground floor shop is vacant and there are three self-contained flats which have their own access from New Street. All flats are separately metered and pay Council Tax directly to the Local Authority.

There is no gas supply to the flats. The shop has a three phase electrical supply. There is a linked fire alarm system throughout the building.

ACCOMMODATION
Ground Floor Shop – Vacant
Average Internal Width (High Street Frontage) 26’0” 7.9 m
Shop Depth (max) 39’0” 11.9 m
Gross Ground Floor Area 1075 sq ft 100 sq m

Flat 1 on Second Floor
2 Bedrooms, Lounge, Bathroom and Kitchen
Let on AST producing £425 pcm

Flat 2 on First Floor
1 Bedroom, Lounge, Bathroom and Kitchen
Currently vacant

Flat 3 on First Floor
1 Bedroom, Kitchen/Living Room and Bathroom
Let on AST producing £350 pcm

TENURE
Freehold.
RATING ASSESSMENT
We understand that the ground floor shop is assessed as follows:-
Rateable Value: £10,000
General Rates Payable (2018/2019): £4,800
The flats are assessed as Council Tax Band A
Interested parties are advised to make their own enquiries directly with the local authority.

ENERGY PERFORMANCE CERTIFICATES
The property has the following assessments:-
Ground Floor Shop 94 (Band D)
Flat 1 16 (Band G)
Flat 2 28 (Band F)
Flat 3 23 (Band F)
Copies of the EPCs are available upon request.

LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in this transaction.

VAT
We understand that VAT is not payable on the purchase price, however, interested parties are advised to make their own enquiries.

MONEY LAUNDERING
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.

VIEWINGS
Strictly by prior appointment with Andrew Grant Commercial on
0330 024 3000.


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