15, 19 & 19a, Market Street, Tenbury Wells, Worcestershire, WR15 8BH
- PROPERTY TYPE
House
- SIZE
37,026 sq ft
3,440 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment / Development Opportunity (STP)
- Commercial and Residential Aspects
- Superb location with Street Frontage
- Over £26,000 per annum passing rent
Description
Commercial and Residential Aspects
Superb location with Street Frontage
Over £26,000 per annum passing rent
High Street Investment and Residential Development Opportunity (Subject to Planning). Scope for rental growth and asset management potential.
The sale presents a unique opportunity to acquire a prominent freehold site extending to 0.85 acres (0.34 ha) within single ownership providing both an investment and development opportunity (subject to planning) in the Tenbury Wells. The property has been divided into six Lots (offered as a whole or in part) comprising a mixture of office and retail space, residential flat and housing accommodation and workshops with storage. 15 Market Street is a multi-use brick and slate-roof building comprising an undertakers' reception shop front, ground and first floor offices, retail hardware store and trade sales area with storage. 19 and 19A Market Street comprise a historic former public house which is now a Cottage (19A) and a corner plot retail premises with street frontage. Flats 1, 2 & 3 Bell Yard are situated in a three storey brick-built apartment block providing 3no. one-bedroom flats. To the rear and adjoining these is a builders merchants and associated yard with access off Market Street.
Properties included in the sale are:
1. Builders Merchants, Yard (part), Home Improvements Centre, Funeral Shop Front. Guide Price £650,000
2. Chapel of Rest Building, Mortuary, Storage. Guide Price £200,000
3. Bell Yard Apartments. Guide Price £225,000
4. 19 and 19a Market Street Retail Shop and Residential Dwelling House. Guide Price £260,000
5. Workshops (Former Stables). Guide Price £75,000
6. Woodworking shop, yard and storage. £90,000
A detailed information pack has been prepared containing photographs of the properties, floor plans and building information.
Location
This substantial range of properties are located along Market Street within the rural market town of Tenbury Wells, Worcestershire. The town is set in a picturesque location surrounded by prominent hop-fields and the River Teme dividing the town. Tenbury Wells possesses a sought-after location on the borders of three counties with Kidderminster 18 miles away and Worcester and Hereford both within 22 miles. The traditional market town of Ludlow is within 10 miles, well known for its historic Castle, fine restaurants and Food Festival.
Terms
The properties are offered For Sale as a Whole or in the aforementioned Lots. Guide Price £1,500,000 (whole).
Services
We understand the site is serviced by all mains services, however purchasers should undertake their own investigations in this regard. There is a Western Power Distribution electricity substation at the rear of 17 Market Street which is subject to access rights.
Planning
The Local Planning Authority is Malvern Hills District Council. A planning note has been prepared by TT Planning which comments on flooding, access and heritage, a copy of which is contained within the Information Pack. The property is located within the Tenbury settlement boundary, a Conservation Area and Flood Zone 2/3.
EPC
A.H. Caldicott & Sons, 15 Market Street - Band E 122
19 Market Street - Band D 89
The Cottage, 19A Market Street - Band E 52
Flat 1, Bell Yard - Band E 40
Flat 2, Bell Yard - Band E 40
Flat 3, Bell Yard - Band E 48
Brochures
Current Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Private
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
15, 19 & 19a, Market Street, Tenbury Wells, Worcestershire, WR15 8BH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ludlow Station6.6 miles
About the agent
Bruton Knowles, Gloucester
Olympus House, Olympus Park, Gloucester, GL2 4NF
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