Property

FREEHOLD SALE - A RARE BUSINESS OPPORTUNITY, WITH INVESTMENT INCOME To acquire An imposing Three storey Grade II Listed Building of charm and character incorporating Latimer's a popular established 45 Cover Ground Floor Restaurant, Wine Bar, Bistro and Cocktail Bar offering a variety of quality foods and beverages rated in the top 10 of 1,156 restaurants in Shropshire on Trip Advisor. Three Self Contained Apartments (all fully let) sit above the restaurant, and Two Storey former office accommodation (currently utilised for storage but ideal for reinstatement or conversion) is also included together with further storage areas being a bottle store, cellar and beer chiller room within the basement. An enclosed courtyard sits to the rear of the property. The building occupies a prominent position in the heart of Shifnal Town Centre close to all of the amenities and opposite the railway station with regular services running to Shrewsbury and the West Midlands. The restaurant is also ideally situated within easy reach of the M54 and commuter links to Wolverhampton, Birmingham and beyond. This delightful Shropshire town is expanding rapidly, with new homes currently being built and Shifnal has recently undergone a new town centre development scheme.A Mixed Use Property Class A1, A2, A3, A4, A5 EPC On RequestAPARTMENTSAll tenants on a six-month rolling contractFlat 1 455 pounds pcm (From 16/03/21)Flat 2 496 pounds pcm (From 18/10/19)Flat 3 539 pounds pcm (From 21/10/17)Current Income 1,490 pounds per month, equating to 17,880 pounds per annum.FORMER OFFICESIncluded within the sale and provide two-storey ancillary accommodation. There is excellent scope to return them to office use, thus generating additional income, or convert to further residential accommodation.FIXTURES AND FITTINGSTo be included in the sale.LEGAL COSTSEach party to be responsible for their own legal costs that may be incurred in this transaction. VAT - All prices quoted exclusive of VATTENUREFreehold, subject to the existing tenancies.(the particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers should not rely on them a statements or representations of fact but should satisfy themselves by inspection or otherwise as to the correctness of each of them.SELF CONTAINED APARTMENT ACCOMMODATIONFIRST FLOOR APARTMENT ONEPrivate Entrance and HallwayLoungeFully Fitted KitchenBathroom with Bath and ShowerAiring CupboardBedroomWalk-in Storage CupboardModern Electric HeatingFIRST FLOOR APARTMENT TWOPrivate Entrance and HallwaySpacious Lounge with large bay windowFully Fitted KitchenGood Sized Bathroom with Bath and ShowerAiring CupboardSubstantial Master BedroomWalk-in Storage CupboardModern Electric HeatingSECOND FLOOR APARTMENT THREEPrivate Entrance and HallwayLoungeFully Fitted KitchenBathroom with Bath and ShowerAiring CupboardVery Spacious Master BedroomSecond BedroomModern Electric HeatingEPC: E RATING FOR ALL THREE APARTMENTS

Tenure: Freehold