Skip to content

15, 19 & 19a Market Street & 1, 2 3 Bell Yard, Tenbury Wells, Worcestershire, WR15 8BH

Offers in Region of
£1,500,000

£40.51 per sq ft

Business rates & charges may apply

Bruton Knowles, Gloucester
SIZE AVAILABLE

37,026 sq ft

3,440 sq m

SECTOR

Shop for sale

Key features

  • Investment / Development Opportunity (STP)
  • Commercial and Residential Aspects
  • Superb location with Street Frontage
  • Over £27,000 per annum passing rent

Description

Portfolio and Business to include:
- Builders Merchants, Yard, Home Improvements Centre
- Funeral Business, Chapel of Rest and Funeral Shop Front
- Residential Dwellings including block of three flats.
- Retail Investment Shop
- Outbuildings including Stable Block, Workshops and Woodworking Shop

Family run business and property portfolio to include a builders merchants, funeral directors business, range of retail shops, residential dwellings, apartment block, yard and outbuildings with development potential (subject to planning). For Sale as a going concern.

Joint agents Bruton Knowles and Halls are delighted to present a unique opportunity to acquire a prominent freehold site and associated trading business extending to 0.85 acres (0.34 ha) within single ownership, providing both an investment and development opportunity (subject to planning) in the Town Centre. The property has been described as six smaller holdings (offered as a whole) representing a mixture of office and retail space, accommodation and storage.

15 Market Street is a multi-use brick and slate-roofed building comprising of an undertakers' reception shop front and associated 'Chapel of rest', ground and first floor offices, retail and DIY 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 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.

The sale of the business offers the opportunity to acquire the long established and highly respected business known as A H Caldicott & Sons Limited. The business provides a multi-functional business that trades in Building Construction, DIY sale, as a Builders Merchants and as a Funeral Directors. It is a family business that is only reluctantly offered for sale due to the retirement of the directors. The business offers an outstanding opportunity to acquire a profitable business with further potential growth.

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.

Tenbury contains a range of amenities such as primary and secondary schools, sports and leisure facilities, a community hospital, supermarket and various independent services and eateries. There is a regular bus route to nearby villages and Worcester, whilst Ludlow is the nearest train service.

Terms

The Caldicotts Businesses and Properties are offered For Sale as a trading entity.

Guide Price £1,500,000 plus SAV (Stock at Valuation).

A sale is envisaged as a TUPE. Please see the Information Pack for more information in relation to the trading entity.

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

15, 19 & 19a Market Street & 1, 2 3 Bell Yard, Tenbury Wells, Worcestershire, WR15 8BH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ludlow Station6.6 miles

About Bruton Knowles, Gloucester

Olympus House, Olympus Park, Gloucester, GL2 4NF

Achieve more from your property

Property. It’s what we do every day – and we love it. When you experience the difference we can make, we think you’ll really appreciate what we do…

So how can we help you exactly? Well, we offer you expert advice and a comprehensive range of services to cover all your property needs. We can help you make the very best property decisions to get the result you’re after.

Then there’s our team. With outstanding property experience and a refreshingly straightforward, relationship-based approach, we offer you in-depth knowledge of market trends and values together with expert assessments and first-rate customer service.

We are ready to help you make sure you achieve more from your property right now.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 6945FH. 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 Bruton Knowles, Gloucester. 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.

Map data ©OpenStreetMap contributors.