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COMMERCIAL

Beatrice Street, Oswestry

Guide Price
£50,000
Bowen, Oswestry
PROPERTY TYPE

Retail Property (high street)

BEDROOMS

3

BATHROOMS

1

SIZE

Ask agent

Key features

  • Mixed use investment property in Oswestry.
  • Ground floor commercial, first & second floor residential
  • Central location within the town.
  • EPC rating for commercial element 67|C
  • In need of refurbishment
  • For sale by public auction at the Lion Quays Hotel & Spa. Thursday 20th June 2024 at 2.00pm.

Description

For sale by public auction on the 20th June 2024 at 2.00pm to be held at the Lion Quays Resort, Oswestry, SY11 3EN. A substantial Development/Investment Opportunity comprising of a ground floor retail unit (extending to around 600 sq ft,) with former living accommodation spread over the first and second floors above. The property is in need of modernisation but has the potential to create an excellent mixed use investment property.

Location

The property is situated close to the centre of the busy market town of Oswestry, in close proximity to a host of other shops and well established businesses and also with direct frontage onto one of the towns main throughfares.

The town itself has an excellent range of shops, schools and other amenities and is surrounded by picturesque countryside. Easy access on to the A5/A483 provides direct routes to the towns of Shrewsbury, Wrexham and the City of Chester. The nearby train station at Gobowen provides services links to Manchester and Birmingham whilst the town has an excellent bus service.

Accommodation

The main shop is accessed through a front door leading directly off the street into:

Front Retail Area

16' 11'' x 12' 7'' (5.16m x 3.83m)

Part glazed entrance door and plate glass window frontage onto street

Rear Retail Area

11' 8'' x 12' 2'' (3.56m x 3.72m)

Under stairs storage area and access to stairs.

Rear Storage/Kitchen Area

20' 1'' x 14' 10'' (6.11m x 4.51m max)

Currently divided into two areas with Sink and worktops Door leading to rear of property.

Stairs off Rear Retail area leading to:

Store Room

13' 1'' x 6' 3'' (4m x 1.9m)

With access to:

Cloakroom

With WC.

First Floor Landing

Window to front aspect, understairs storage cupboard, stairs to second floor and access to:

Kitchen

14' 1'' x 11' 9'' (4.29m x 3.58m)

Sink and built in storage cupboard.

Store Room 1 (Former Living Room)

13' 0'' x 11' 0'' (3.96m x 3.35m)

Feature period fireplace.

Stairs off Landing to:

Second floor landing

With access to:

Store Room 2 (Former Bedroom)

5' 10'' x 6' 3'' (1.79m x 1.9m)

Store Room 3 (Former Bedroom)

13' 1'' x 10' 11'' (3.98m x 3.32m)

Inner Landing

With airing cupboard and access to:

Store Room 4 (Former Bedroom)

11' 11'' x 10' 11'' (3.62m x 3.33m)

Bathroom

7' 7'' x 8' 4'' (2.32m x 2.53m)

Bathroom suite comprising panel bath, low level flush wc and pedestal wash hand basin.

EPC Rating Commercial: 67|C

Local Authority

Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, SY2 6ND, Tel: .

Rateable Value

£3,300 (2023/2024)

Tenure

We are informed that the property is freehold subject to vacant possession on completion.

Method of sale

For sale by public auction on the 20th June 2024 at 2.00pm to be held at the Lion Quays Resort, Weston Rhyn, Gobowen, Oswestry, SY11 3EN.

Buyers Premium

Please note that the purchasers will be responsible for paying a buyer's premium in addition to the purchase price set at 2.4% of the sale price inc. VAT subject to a minimum of £3000 inc. VAT. For further details on fees payable please consult the legal pack.

Solicitor

F.A.O. Mr Gareth Kelly
Gittins McDonald Solicitors, 12 Grosvenor Road, Wrexham, LL11 1BU, Tel: .

Guide Price

Where a guide price is given that price is not to be taken as an indication of the value of the lot or of the reserve price. Pre-auction guide prices are based upon the initial anticipation of the sale price of the property at auction. Prospective purchasers should be aware that guide prices are subject to change and are advised to check any amendments with the Auctioneers prior to the auction. The reserve price for each of the lots may exceed the quoted guide price and eventual guide price.

Reserve Price

The reserve price is the seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Directions

From Oswestry town centre proceed outwards along Beatrice Street towards Gobowen Road where the property will be found on the right hand side just after the BP Garage, as identified by the Agent's for sale board.

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

Beatrice Street, Oswestry

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gobowen Station2.3 miles
  • Chirk Station5.0 miles

About the agent

Bowen, Oswestry

35 Bailey Street, Oswestry, SY11 1PX

Bowen, Oswestry

Property since 1862

Bowen providing local homeowners with expert advice since 1862, our team are here to guide you through every step of your property journey. Whether you are looking to buy, sell, rent or let, we provide a range of services designed to protect and enhance your property.

We do this by listening to your needs while looking at the bigger picture, delivering clear and honest advice that points you in the right direction. Your home is in safe hands with Bowen.

More properties from this agent

Industry affiliations

Property Redress Scheme

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 12348463. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bowen, Oswestry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Bowen, Oswestry on 01691 880397.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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