57 High Street, Bridgnorth, WV16 4DX
Size
4,315
Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Other use(s)
- Commercial development, Other
- Frontage
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No floor / site plan
Key features
- Substantial Grade II listed 3 storey investment/development property.
- Expansive ground floor retail accommodation with additional storage on the upper floors.
- Potential residential conversion on the upper floors, subject to planning.
- Currently fully let on an all-inclusive basis producing an annual income of £67,397, including utility and occupational costs for the tenants.
- Occupying a sought-after town centre location on the High Street of Bridgnorth.
- Located opposite the Town Hall and close to a number of national occupiers.
Description
The ground floor comprises open plan retail accommodation arranged over 3 levels benefitting from two separate access points off the High Street and basement cold stores to the front of the retail unit. The upper floors provide ancillary storage facilities, and have the potential for residential conversion, subject to planning.
The property also benefits from an extensive plot of land to the rear having views across Bridgnorth Low Town and the potential for development or other uses, subject to planning.
The property is currently fully let to 3 individual tenants producing an annual income of £67,397. This income is inclusive of the tenant's utility and occupational costs which are payable by the Landlord.
All of the tenancy agreements are due to expire on 30th April 2027 and are excluded from protection of the Landlord and Tenant Act 1954.
Details of the tenancy agreements and financial accounts for the property are available upon request.
The property occupies a highly prominent location fronting the main High Street, situated amongst a mix of local and national retailers including Boots Pharmacy, FATFACE, Trespass and Holland & Barrett. The property is within a short walking distance of the main public car park with on-street parking also available in High Street, itself.
Bridgnorth is a popular and busy Market Town and tourist centre serving a wide catchment area being situated approximately 20 miles south east of Shrewsbury on the A458 and 15 miles west of Wolverhampton via the A454.
The property is currently fully let to 3 individual tenants producing an annual income of £67,397. This income is inclusive of the tenant's utility and occupational costs which are payable by the Landlord.
All of the tenancy agreements are due to expire on 30th April 2027 and are excluded from protection of the Landlord and Tenant Act 1954.
Details of the tenancy agreements and financial accounts for the property are available upon request.
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- Business rates
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- Use class
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- Listed building
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- Environmental description
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Brochure
About Towler Shaw Roberts, Shrewsbury
Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR's in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.
As a progressive and proactive firm, we offer a holistic range of services that encompass the breadth of our clients' needs and include Asset Management, Agency, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice, Dilapidations and Property Management.
With Clients ranging from private individuals to national Corporates, TSR offer each client the same level of service with clear, professional and consistent advice on all property matters.
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Disclaimer - Property reference 380085-1. 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 Towler Shaw Roberts, Shrewsbury. 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.