Load Street, Bewdley, Worcestershire

INTRODUCTION

Number 35 Load Street is an attractive investment property in landmark location. Please also see the Promap for identification.

AGENTS COMMENTS

Similar commercial premises of such high profile would rarely become available within Bewdley town centre. All viewings are strictly via appointment with the selling agents and the existing business is unaffected by the sale.

LOCATION

Historic Bewdley is an acutely sought after place to live and with special reason. It takes its name from the French words “Beau Lieu” meaning “Beautiful Place” and has been described as the “most perfect small Georgian town in Worcestershire”. This vibrant town is packed with plentiful amenities including a wealth of restaurants/character public houses and is built on the banks of the River Severn, offering a rich and scenic landscape which draws visitors from far and wide the whole year round. Please see the additional photographs illustrating the picturesque general surroundings

THE SHOP PREMISES

The Shop Premises – Currently let at £9,600 per annum until 7 April 2029 (Albeit the tenant has the right to terminate the lease if serving notice at least 6 months before April 2026). Suitable for a variety of different uses but currently operating as a hairdressing salon as follows:- • Salon/Retail Area • Back Room/Office • Kitchenette • W.C • Gardens - see Promap

THE FLATS - all in separate ownership, subject to long leases

All flats pay a £50 per annum ground rent to the freeholder. The service charge is between £250.00 - £300.00 per annum, per flat. All three flats are also responsible for paying their one-third share of the buildings insurance premium, which is paid to MFG Solicitors. • Flat 1 – Currently with 62 unexpired years remaining on the lease. Land Registry records show that the leasehold interest in the property was last sold for £70,000 on 12 February 2021. • Flat 2 – Currently with 62 unexpired years remaining on the lease. Land Registry records show that the leasehold interest in the property was last sold for £55,000 on 28 June 2002. • Flat 3 - Currently with 153 unexpired years remaining on the lease. Land Registry records show that the leasehold interest in the property was last sold for £95,000 on 17 July 2023.

CLASS E EXPLAINED

Under The Town & Country Planning (Use Classes) Order 1987, (Amended) (England) Regulations 2020 this property is classified as part of Class E being set out as follows:- Use Class E – Commercial, Business and Service – Use, or part use, for all or any of the following purposes— a) for the display or retail sale of goods, other than hot food, principally to visiting members of the public, (shops – formerly use class A1 includes Post Offices – but not sorting offices – see sui generis) b) for the sale of food and drink principally to visiting members of the public where consumption of that food and drink is mostly undertaken on the premises, (cafes and restaurants – formerly use class A3) c) for the provision of the following kinds of services principally to visiting members of the public— (i) financial services, (banks and building societies – formerly use class A2) (ii) (ii) professional services (other than health or medical services), or (estate and employment (truncated)

TENURE

Freehold, subject to leases.

SERVICES

Mains water, electricity and drainage are connected.

RATEABLE VALUE FOR SHOP

£7,500

BOUNDARIES

The purchaser shall be deemed to have full knowledge of all boundaries and neither the vendor nor the vendor's agents will be responsible for defining the boundaries or ownership thereof. The included plan is for identification purposes only.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY

The property is sold subject to, and with the benefit of, all easements and quasi-easements and rights of way, declared and undeclared and whether mentioned in these particulars or not.

PLANNING

The property is sold subject to any development plan, tree preservation order, town planning schedule, resolution or notice which may be, or become to be, in force, and subject to any road widening or improvement schemes, land charges and statutory provisions or bylaws without any obligation on the vendors to specify them. Our comments do not constitute advice, and prospective purchasers should make their own independent enquiries. The property is Grade II Listed. The Historic England website records the property jointly with number 36 Load Street under a single Listing Entry, 1348273, along with the following description:- House, now two shops and flats. Early C17, cased 1722, with mid-C19 and some mid-C20 alterations. Timber-frame clad in rendered brick with tile roof. Three storeys, brick coped verges and parapet, bands to first and second floors, central lead drain pipe with decorative rainwater head inscribed "1722/ LR"; four windows: 4-pane boxed sashes; second (truncated)

LOCAL AUTHORITY

Wyre Forest District Council, Wyre Forest House, Finepoint Way, Kidderminster, DY11 7WF Tel:

AGENTS NOTE

These particulars are prepared in good faith and in the spirit of trying to be helpful and informative. However, our comments do not constitute advice in any way. Prospective purchasers should therefore make their own detailed enquiries in respect of all lease / planning / access / services / building regulations / valuation and legal matters, etc. and we, as Agents, give no guarantee, or warranty, whatsoever.