Retail premises for sale in Sandford Avenue, Church Stretton SY6

Offers in region of £499,000 (£466.36/sq. ft)
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Retail premises for sale

1,070 sq. ft*

Property description

Key Points

  • Part income producing-suitable for owner occupation/investment purposes with further development potential from loft conversion or conversion into two residential flats
  • Part income producing ground floor shop units currently producing £11,250 per annum
  • Well presented three bedroomed attractive residential town house arranged over part ground, first and first floor with separate entrance
  • Further development potential with existing consent for loft conversion
  • Attractive balcony to rear at first floor level and pleasant rear garden
  • Description

    The substantial property is arranged over part three, part two and part single storeys with a basement area to provide a self contained (tenanted) ground floor lock up shop unit within part of the ground and the basement and an attractive very well presented self contained 3 bedroomed residential town house arranged over part of the ground and the first floor and second floors of the property. The property has been sympathetically refurbished by the existing owners and this has included the construction of an impressive first floor balcony area at the rear of the property.

    The shop unit provides a Total Net Sales area of approximately 1,070 ft sq (99.54 m sq) with ancillary accommodation and own welfare facilities, over part of the ground floor and the basement and has a glazed shop frontage front onto Sandford Avenue and is currently let (please see tenure section) and income producing and provide an ideal investment return for any purchaser who wants to live in the property above.

    The residential town house is spacious and benefits from a wealth of attractive features that can only be appreciated via an inspection of the property and has been sympathetically refurbished and improved by the vendors.

    The town house benefits from flexible accommodation to provide 3 bedroomed accommodation arranged over part of the ground floor and first floor and second floors. The town house benefits from a gas fired central heating system and an attractive first floor balcony area. The town house is arranged that in the future it allows the potential to be separated into two separate flats and there is an existing planning consent in place for a loft conversion to create further residential accommodation.

    The property benefits from a pleasant rear garden area with outbuildings. The property can only be fully appreciated by undertaking an internal inspection of the property.

    Location

    The property is prominently located fronting onto Sandford Avenue in the centre of the sought after town of Church Stretton. The ground floor shop unit and the residential accommodation benefit from separate pedestrian access from Sandford Avenue.

    The property benefits from proximity to all local amenities. Church Stretton located in South Shropshire can claim to be one of the most beautifully situated towns in England being sat at the foot of the Stretton Hills and often affectionately known as Little Switzerland. The town lies adjacent to the A49 Trunk Road midway between the towns of Shrewsbury, the county town of Shropshire, being 13 miles to the north and Ludlow being 15 miles to the south.

    The A49 provides access to the national road network via the M54 to the north. The town due to the Stretton Hills is a popular tourist town particularly for walkers and it offers a thriving community with public houses, restaurants and an excellent range of independent shops. The town had a population of 4,671.

    Terms

    The property is sold freehold subject to the following occupational lease to Severn Hospice Limited for a term of 6 years from 1st July 2023 at a rent of £11,250 per annum on Tenants Full Repairing and Insuring terms subject to a schedule of condition.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    For more information about this property, please contact
    Halls Commercial, SY4 on +44 1743 534929 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Halls Commercial, and do not constitute property particulars. Please contact Halls Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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