17 Market Square, Wellington, Telford, Telford, TF1 1BU
- PROPERTY TYPE
Restaurant
- SIZE
2,131 sq ft
198 sq m
Description
Commercial Investment for sale at auction - Vacant
Description
The property itself occupies a prominent position on Market Square within the central business district of the town, which offers both convenience and destination shopping, complemented by a thriving indoor market. The Square has a pedestrianized retail core, which is home to a variety of retail users including Greggs and Timpsons, and enjoys excellent passing trade.It is also within easy commuting distance from Birmingham and Shrewsbury and 5 minutes walk from Wellington Railway Station
The property comprises a mid-terraced, three-storey commercial building, which was previously tenanted on a commercial lease now vacant. 2nd and third floors could be converted to residential STPP.
The Grade II listed building was constructed in circa 1840 of solid red brick construction with stuccoed dresses and surmounted by a pitched roof with parapet surround.
The accommodation is arranged over three floors with a glazed shop frontage at ground floor level overlooking the pedestrianised Market Square. It offers an open plan dining area with bar and service counter, together with kitchens/preparatory area to the rear. There is an additional dining area and and toilet facilities on the first floor, together with ancillary space on the second floor.
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Brochures
Legal DocumentsOnline Bidding17 Market Square, Wellington, Telford, Telford, TF1 1BU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wellington Station0.1 miles
- Oakengates Station2.9 miles
- Telford Central Station3.5 miles
Notes
Disclaimer - Property reference 306881. 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 Town & Country North West, Liverpool. 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 Town & Country North West, Liverpool on 0151 453 3527.
*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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