LOT 18A

15A Market Square, Wellington, Telford, Shropshire, TF1 1BU

FREEHOLD COMMERCIAL INVESTMENT

Result: Sold for £75,000 Guide price: £70,000 - £75,000*

Auction Date

Thursday, 29th October 2020 12:00pm

The property comprises a ground floor retail unit forming part of a mid-terraced three storey building. The upper floors provide staff and storage accommodation and are accessed via a staircase to the rear of the property. Market Square is the pedestrianised central shopping location where numerous multiple retailers are located including Holland & Barrett, Timpson, Cash Converters & Greggs. Wellington mainline station is within walking distance.

Accommodation

Ground floor shop: 566 sq ft (52.6 sq m)
First Floor Internal Storage & Staff Room:
366 sq ft (34 sq m)
Second Floor Internal Storage:
443 sq ft (41.2 sq m)
Total: 1407 sq ft (130.8 sq m)

Tenancy Details

The entire property is subject to a 10 lease to Lloyds Chemist Ltd from 29.11.10 at a rent of £12,450 p.a
The property is currently vacant and we understand the tenant will not be renewing their lease.

EQUIVALENT TO £12,450 P.A

EPC Rating

E

Status

Sold for £75,000

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.