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2 bedroom mixed use property for sale

Beatrice Street, Oswestry

Guide Price
£240,000
Bowen, Oswestry
PROPERTY TYPE

Mixed Use

BEDROOMS

2

BATHROOMS

2

SIZE

Ask agent

Key features

  • Substantial mixed retail and residential property
  • Two ground floor shops with two 1 bedroom flats above
  • Prominent position in Oswestry Town Centre
  • Investment opportunity

Description

An excellent investment opportunity comprising of a substantial mixed retail and residential property set in a prominent position in Oswestry town centre. The property comprises two ground floor shops with two 1 bedroom apartments set over two storeys above, giving a total net internal floor area of 254.8sq.m (2,743 sq.ft). Current gross rental income of approximately £20,320 per annum.

Location

The property is situated within the main shopping area of the bustling market town of Oswestry. The town has a population of around 18,000 and serves a much wider rural area. The town has a host of high street chain and independent shops together with large indoor and street markets. Direct links onto the A5/A483 provides easy access to the county town of Shrewsbury and the cities of Wrexham and Chester and the motorway network beyond. The town has an excellent bus service whilst the nearby train station at Gobowen provides direct trains to Birmingham and Manchester.

23 Beatrice Street

A ground floor shop premises currently let and run as a beautician/hair salon at a passing rent of £280 PCM and comprises the following:

Shop area

16' 2'' x 12' 5'' (4.94m x 3.78m)

WC

4' 2'' x 3' 4'' (1.28m x 1.01m)

Comprising low level flush WC and wash hand basin.

23A Beatrice Street

A one bedroom apartment with gas fired central heating throughout, set over two floors, currently let on an assured shorthold tenancy for £400 PCM and briefly comprises:

Kitchen

12' 3'' x 6' 1'' (3.73m x 1.85m)

Fully fitted kitchen with understairs storage cupboard and stairs leading to the second floor.

Lounge

16' 6'' x 9' 7'' (5.04m x 2.91m)

With radiator.

Second Floor Landing

With airing cupboard housing gas fired boiler.

Bedroom

16' 6'' x 9' 7'' (5.04m x 2.91m)

Radiator.

Bathroom

6' 9'' x 6' 1'' (2.06m x 1.85m)

Suite comprising bath with shower attachment, low level flush WC and wash hand basin.

25 Beatrice Street

Ground floor shop premises with storage & retail to the rear, together with a cellar area, currently let and run as a craft shop with a passing rent of £450 PCM. The premises comprises:

Main shop area

16' 7'' x 12' 10'' (5.06m x 3.92m)

With doorway into a storage/hand washing area, with trapdoor access to cellar.

Storage room 1

11' 8'' x 8' 0'' (3.56m x 2.43m)

With walk-in fridge (formerly used when the premises was run as a butcher's shop) and door to side.

Storage room 2

11' 8'' x 4' 9'' (3.56m x 1.44m)

With walk-in fridge.

Workshop

22' 9'' x 11' 7'' (6.93m x 3.53m)

With door to side yard.

WC

5' 3'' x 3' 1'' (1.61m x 0.93m)

Accessed off the side yard area.

Cellar

Split into two areas:

Cellar area 1

15' 3'' x 9' 9'' (4.64m x 2.98m)

Cellar area 2

10' 5'' x 9' 9'' (3.17m x 2.98m)

25A Beatrice Street

A one bedroom apartment set over two floors, currently let on an assured shorthold tenancy for £130 per week and briefly comprises:

Kitchen/Diner

13' 1'' x 12' 4'' (4.00m x 3.77m)

Fitted kitchen and door to airing cupboard, further doorway to:

Lounge

15' 9'' x 14' 1'' (4.81m x 4.30m)

With stairs leading to the second floor.

Bathroom

13' 0'' x 8' 2'' (3.95m x 2.48m)

With storage area.

Second floor bedroom

16' 7'' x 15' 7'' (5.06m x 4.74m)

Outside

A shared pedestrian covered access off Beatrice Street provides access to the two apartments, together with with steps leading to a raised garden area.

Tenure

We are informed that the property is freehold subject to the leases as already described.

Services

The property is connected to mains electricity, water, gas and drainage. 23 & 23A Beatrice Street have gas fired central heating, with 25 & 25A currently not provided with heating.

Council Tax Bands & Business Ratings

Council Tax Bands:
No. 23A - 'A'
No. 25A - unknown
Business Rates:
No. 23 - TBC
No. 25 - TBC

Local Authority

Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. Tel:

EPCs

No. 23 - 93 (D)
No. 23A - 64 (D)
No. 25 - To be assessed
No. 25A - 22 (F)

Directions

From Oswestry town centre proceed outwards along Beatrice Street towards Gobowen Road where the property will be found on the left hand side as identified by the Agent's for sale board.

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

Beatrice Street, Oswestry

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gobowen Station2.4 miles
  • Chirk Station5.0 miles

About Bowen, Oswestry

35 Bailey Street, Oswestry, SY11 1PX
Industry affiliations:Industry affiliation logo 0

Property since 1862

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Disclaimer - Property reference 12642184. 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 Bowen, Oswestry. 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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