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COMMERCIAL

Waterloo Terrace, Bridgnorth, Shropshire, WV16

£300,000
Doolittle & Dalley, Kidderminster
PROPERTY TYPE

Retail Property (high street)

SIZE

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Key features

  • Fully Let Mixed Use Investment With Immediate Income
  • Commercial Units Let To Established Tenants With Strong Local Presence
  • Three Residential Flats Let On Assured Shorthold Tenancies
  • Potential Gross Rental Income of £32,380 Per Annum

Description

INVESTMENT PROPERTY FOR SALE. Situated in a prominent position within the picturesque and historic market town of Bridgnorth, Shropshire. Freehold interest with strong existing rental income with the ground floor and Basement commercial units let to long-standing, reputable local businesses.
The property enjoys high visibility and footfall in a bustling commercial area surrounded by a mix of national and independent retailers, cafés, and services. Bridgnorth is a thriving historic market town split between High Town and Low Town, offering excellent amenities, schools, and strong transport connections to Shrewsbury, Telford, Wolverhampton, and the wider West Midlands.
Grade II Listed building, situated in a Conservation area, the premises comprise of two lock-up shops (Businesses unaffected) with three flats above. Fully let and producing a gross annual income of £32,380, giving a gross yield of 10.79% before costs.

Commercial Premises Basement Shop

'Mothers Goodies'

6 year lease term from and including 1st October 2023. Current rental income of £7,500 per annum. The premises comprise of: Unique basement shop with two entrances, three store areas with access to The Cartway and w.c. Rateable value TBC. Approximate net internal area 53.61 square metre/ 576.84 square feet.

Commercial Premises 1 Waterloo Terrace

'Ye Old Terrace Sweet Shop'

6 year lease term from and including 23rd April 2023. Current rental income of £7,000 per annum. The premises comprise of: Shop front, rear stockroom with kitchenette. Current rateable value (1 April 2023 to present) £5,900. Approximate net internal area 30.54 square metre/ 328.61 square feet.

The Maisonette Flat

First floor flat. The accommodation comprises of: Entrance hall with stairs leading to the second floor, lounge diner, and kitchen. To the second floor is the bedroom and bathroom. Currently let on assured shorthold tenancy with a current rental income of £490 per month. Approximate net internal area 45.08 square metre/ 485.06 square feet.

Flat 1, 1 Waterloo Terrace

First floor flat. The accommodation comprises of: Entrance hall, lounge diner, and kitchen. Bedroom and shower. Currently let on assured shorthold tenancy with a current rental income of £515 per month. Approximate net internal area 35.5 square metre/ 381.98 square feet.

Flat 2, 1 Waterloo Terrace

Second floor flat. The accommodation comprises of: Entrance hall with stairs leading to the second floor, open plan lounge kitchen. Bedroom and bathroom. Currently let on assured shorthold tenancy with a current rental income of £485 per month. Approximate net internal area 36 square metre/ 387.36 square feet.

Communal Areas

Communal entrance door to the flats leading to an outside yard. 1 Waterloo Terrace commercial premises also have a fire exit into the commercial premises.

Energy Performance Certificate

EPC rating for the commercial premises 1 Waterloo Terrace 'Ye Old Terrace Sweet Shop' is C EPC rating for the commercial premises The Basement Shop 'Mothers Goodies' is B EPC rating for The Maisonette is E EPC rating for Flat 1 is D EPC rating for Flat 2 is E

V.A.T Payable

V.A.T. will not be charged on the purchase price.

Tenure & Possession

The property is freehold and subject to two leases in the commercial premises and assured shorthold tenancies for the three flats.

Services

Mains water, gas, electricity, and drainage are connected. We have not tested any apparatus, fixtures, fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose. Prospective tenants are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate.

Fixtures & Fittings

Any fixtures and fittings not mentioned in these sale particulars are excluded from the sale.

Viewing

By prior appointment with Doolittle & Dalley .

Council Tax Band

Flat 1 council tax band 'A' as at 26.09.2025. Flat 2 council tax band 'A' as at 26.09.2025. The Maisonette council tax band 'A' as at 26.09.2025.

Reference: RDH.LB.24.09.2025

Anti-Money Laundering Regulations

In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the successful purchaser will be required to provide satisfactory evidence of identity and the source of funds before the sale can proceed. This is a legal requirement. A charge of £45 (inclusive of VAT) will be payable by each buyer (and anyone providing a gifted deposit) to cover the cost of undertaking these anti-money laundering checks.

Valuation Advice for Prospective Purchasers

If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.

Misrepresentations Act

Messrs. Doolittle & Dalley for themselves and for the vendors/lessors of this property whose agents they are, give notice that:- 1.These particulars do not constitute, or constitute any part, of an offer or a contract. 2.All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Doolittle & Dalley or the vendor. 3.None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4.Any intending purchaser must satisfy him/herself by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. 5.The vendor does not make or give and neither Messrs. Doolittle & Dalley or any person in their employ has any authority to make or give any representation or warranty whatever in relation to this property.

Brochures

Particulars

Energy Performance Certificates

Picture No. 40Picture No. 38Picture No. 39Picture No. 41Picture No. 42

Waterloo Terrace, Bridgnorth, Shropshire, WV16

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cosford Station9.0 miles
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About Doolittle & Dalley, Kidderminster

Estate House Proud Cross Ringway Kidderminster DY11 6AE
Industry affiliations:

Welcome to Doolittle & Dalley

As a truly Independent Agency dealing in property we take pride in providing ethical, honest and professional advice.

With 127 Years' experience focusing on sales, lettings and management of residential, commercial and agricultural property we aim to deliver a result we believe you will be happy with.

Our team has significant experience and qualifications to ensure you get the best advice whatever your property requirements.

Our dedicated sales team will help market your property to the right type of buyer, whilst achieving the best price possible. Understanding your reasons for moving and the all-important wish list will help us to find your next home.

Comprehensive advertising, quality brochures to include full colour floor plans as standard, local & regional press, web, social media and individual editorials with bespoke adverts gives the correct level of exposure.

If you are looking to let your property, we can help. We currently let and manage approaching 1000 properties. We feel confident our referencing service & vetting of your prospective tenant will deliver a smooth, hassle free service. Our lettings team will always be there on hand to help.

For prospective tenants we will listen to why you want to move, your timescales, needs and wants and our team of negotiators will look to place you in your new home as soon as practicable.

Our maintenance department & emergency contact is there to support when necessary for tenants & clients alike.

We provide a specialist commercial property service to clients throughout north Worcestershire and south Shopshire. Over many years we have developed comprehensive knowledge in this sector, covering all aspects of retail, industrial and commercial property.

At Doolittle & Dalley we are passionate about maintaining our reputation as a pro-active, honest, professional and trustworthy company, never compromising on quality of service and always looking to maximize your property's potential

As social media grows our Facebook page should keep you abreast of all things property related, looking at relevant topics, news, market trends and analysis. Please like and follow us to share the word.

Notes

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Disclaimer - Property reference KID240581. 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 Doolittle & Dalley, Kidderminster. 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.

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