8 Waterloo Terrace, Bridgnorth, Shropshire, WV16 4EG

For sale by Online Auction - 26th of August at 10:00.

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.