King Street, Wellington, Telford
Offers in Excess of
£200,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Prominent location fronting onto King Street and Constitution Hill in the town of Wellington
- Part income producing with a current passing rent of £5,400 per annum (Exclusive)
- Income producing Investment opportunity with future asset management potential
- Of interest to investors and property speculators/developers
Description
The subject property comprises of a two-story semi-detached building, which is of traditional brick with render in part, sitting under a titled roof cover.
The subject property comprises of a two-story semi-detached building, which is of traditional brick with render in part, sitting under a titled roof cover.
The property is arranged to provide a ground-floor retail unit together with two-bedroom flat on the first-floor. The ground-floor retail unit benefits from a glazed shopfront and provides a Total Net Internal Area of approximately 480 sq ft (44.59 sq m) arranged as a sales area together with ancillary welfare facilities. The first-floor two-bedroom flat is tenanted and provides a Total Gross Internal Area of approximately 624 sq ft (57.97 sq m), benefiting from a self-contained access.
Externally, the property benefits from a grassed area at the front, with access from King Street. The area has the potential to provide off-street car parking, subject to any necessary planning and highway consents.
A viewing is recommended to fully appreciate the accommodation and potential for the property.
The property occupies a prominent position fronting onto King Street and Constitution Hill in the town of Wellington. The property is situated on the North-East side of King Street, which is a principal route in the town. The property is located within an area of predominantly residential development, and is located in close proximity to all local amenities.
Wellington is an established market town located approximately 12 miles east of the county town of Shrewsbury and approximately 3 miles north west of Telford town centre. The town had a population of 25,554 at the 2011 census.
Wellington is a constituent market town of Telford and has all local amenities. Wellington railway station has three platforms and is served by Avanti West Coast, Transport for Wales and West Midlands Trains. Wellington is located adjacent to the M54, which provides access to the national road network. The town is located at the terminus of the M54 and benefits from good connectivity to the national road network.
Price - Offers In Excess of £200,000 (Exclusive)
Tenure - The property is understood to be of Freehold Tenure via a separated title.
The property is to be a be sold, subject to the following occupational tenancy: Assured Periodic Tenancy dated 3rd June 2013 at a rent of £5,400 per annum.
A copy of the tenancy is available from the selling agents upon request
Business Rates - 99 King Street - Current rateable value (1 April 2026 to present) - £5,200
Council Tax - Flat 2 Fraser Court - A
Epc - Flat 2 Fraser Court - E (40)
Shop - To Be Assessed
Accommodation - (All measurements are approximate)
Shop
Total Net Internal Area 480 sq ft (44.59 sq m)
Flat
Two Bedrooms
Kitchen Bathroom
Total Gross Internal Area 624 sq ft (57.97 sq m)
Services - Not tested prospective purchasers should rely on their own enquiries.
The property is understood to benefit from all mains services, excluding gas, with the services understood to be sub-metered.
Vat - The property is understood to not be elected for VAT. Therefore, VAT will not be payable on the purchase price.
Planning - Interested parties are advised to make their own enquiries
The property is understood to benefit from planning consent for Use Class E (Retail) and C3 (residential) of the Town and Country Planning (Use Classes) Order 1987.
Legal Costs - Each party is to be responsible for their own legal costs in relation to this transaction
Local Authority - Telford and Wrekin Council, Southwater One, Southwater Square, Southwater Way, Telford, TF3 4JG
The subject property comprises of a two-story semi-detached building, which is of traditional brick with render in part, sitting under a titled roof cover.
The property is arranged to provide a ground-floor retail unit together with two-bedroom flat on the first-floor. The ground-floor retail unit benefits from a glazed shopfront and provides a Total Net Internal Area of approximately 480 sq ft (44.59 sq m) arranged as a sales area together with ancillary welfare facilities. The first-floor two-bedroom flat is tenanted and provides a Total Gross Internal Area of approximately 624 sq ft (57.97 sq m), benefiting from a self-contained access.
Externally, the property benefits from a grassed area at the front, with access from King Street. The area has the potential to provide off-street car parking, subject to any necessary planning and highway consents.
A viewing is recommended to fully appreciate the accommodation and potential for the property.
The property occupies a prominent position fronting onto King Street and Constitution Hill in the town of Wellington. The property is situated on the North-East side of King Street, which is a principal route in the town. The property is located within an area of predominantly residential development, and is located in close proximity to all local amenities.
Wellington is an established market town located approximately 12 miles east of the county town of Shrewsbury and approximately 3 miles north west of Telford town centre. The town had a population of 25,554 at the 2011 census.
Wellington is a constituent market town of Telford and has all local amenities. Wellington railway station has three platforms and is served by Avanti West Coast, Transport for Wales and West Midlands Trains. Wellington is located adjacent to the M54, which provides access to the national road network. The town is located at the terminus of the M54 and benefits from good connectivity to the national road network.
Price - Offers In Excess of £200,000 (Exclusive)
Tenure - The property is understood to be of Freehold Tenure via a separated title.
The property is to be a be sold, subject to the following occupational tenancy: Assured Periodic Tenancy dated 3rd June 2013 at a rent of £5,400 per annum.
A copy of the tenancy is available from the selling agents upon request
Business Rates - 99 King Street - Current rateable value (1 April 2026 to present) - £5,200
Council Tax - Flat 2 Fraser Court - A
Epc - Flat 2 Fraser Court - E (40)
Shop - To Be Assessed
Accommodation - (All measurements are approximate)
Shop
Total Net Internal Area 480 sq ft (44.59 sq m)
Flat
Two Bedrooms
Kitchen Bathroom
Total Gross Internal Area 624 sq ft (57.97 sq m)
Services - Not tested prospective purchasers should rely on their own enquiries.
The property is understood to benefit from all mains services, excluding gas, with the services understood to be sub-metered.
Vat - The property is understood to not be elected for VAT. Therefore, VAT will not be payable on the purchase price.
Planning - Interested parties are advised to make their own enquiries
The property is understood to benefit from planning consent for Use Class E (Retail) and C3 (residential) of the Town and Country Planning (Use Classes) Order 1987.
Legal Costs - Each party is to be responsible for their own legal costs in relation to this transaction
Local Authority - Telford and Wrekin Council, Southwater One, Southwater Square, Southwater Way, Telford, TF3 4JG
Brochures
King Street, Wellington, Telford
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wellington Station0.2 miles
- Oakengates Station2.7 miles
- Telford Central Station3.3 miles
About Halls Commercial, Shrewsbury
Bowmen Way, Battlefield, Shrewsbury, SY4 3DRIndustry affiliations:
Notes
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