8 Waterloo Terrace, Bridgnorth, Shropshire, WV16 4EG
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
2
- BATHROOMS
1
- SIZE
1,647 sq ft
153 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- For sale by online auction
- Register at tcpa.co.uk
- Mixed-use freehold investment
- Residential accommodation offered vacant
- Characterful 400-year-old building
- Producing £18,000 per annum
Description
Mixed Use Property
Description
An exceptional opportunity to acquire a fully refurbished mixed-use freehold investment in the heart of Bridgnorth. This impressive 400-year-old character property combines a well-established commercial premises with a vacant residential maisonette, offering immediate rental income alongside significant potential for further returns.
The commercial premises occupies a prominent high street position and is let to an established local business, currently generating £18,000 per annum. The tenant is part way through a 5-year lease, with approximately 3.5 years remaining, providing a secure and immediate income stream.
The residential accommodation is offered with vacant possession, presenting a range of opportunities for the incoming owner. The accommodation could be utilised as a long-term rental, serviced accommodation, or Airbnb, benefitting from its sought-after town centre location and strong visitor demand.
The residential accommodation has been finished to a high standard throughout and briefly comprises a spacious modern fitted kitchen to the lower ground floor. Stairs rise to the first floor where there is a bright and spacious living room leading through to a generous double bedroom with a contemporary ensuite bathroom. The second floor offers a further double bedroom together with a modern shower room comprising a walk-in shower, wash hand basin and WC.
Legal PackA 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 %+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).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 Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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8 Waterloo Terrace, Bridgnorth, Shropshire, WV16 4EG
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Visit our security centre to find out moreDisclaimer - Property reference 357233. 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 and Country Property Auctions, Covering Yorkshire. 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 and Country Property Auctions, Covering Yorkshire on 0113 467 5225.
*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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