No longer on the market
This property is no longer on the market
MapCommercial development
Auction
Commercial development
1655
Features and description
- FOR SALE BY AUCTION - Friday 23rd February at 3pm
- Comprises 3 residential flats
- Garden area to the rear of the property
- Property requires comprehensive refurbishment
- Of interest to property investors or developers or property speculators
- Significant potential for income generation
The property comprises of 3 residential flats arranged across 3 floors of an end of terraced property. The property is in part three and part single storey with a rear garden area. This may have potential for further development, subject to statutory consents. All parking is on street.
The property is built from a traditional brick construction and is understood to be Grade 2 listed and is offered for sale with vacant possession.
The property requires comprehensive refurbishment.
The property would be of interest to property investors or developers or property speculators. The property has significant potential for income generation. The potential of the property can only be appreciated upon undertaking an internal inspection of the property, with the accompanying agents.
The property is located fronting onto High Street in the town centre of Wem where all local amenities are available. The property is within walking distance from Wem town centre.
The property is located in an area of mixed development with surrounding occupiers including Wem book shop, Junoon takeaway and Tern.
The town of Wem is located approximately 9 miles north of the County Town of Shrewsbury, where all local amenities.
Wem had a population of 6,285 at the 2021 census. The town has a railway station running on the Welsh Marches Line and provides regular trains to Shrewsbury and Whitchurch both of which are a 15 minute journey.
The town is located approximately 9 miles south of the town of Whitchurch and approximately 22 miles north west of the town of Telford.
The property is built from a traditional brick construction and is understood to be Grade 2 listed and is offered for sale with vacant possession.
The property requires comprehensive refurbishment.
The property would be of interest to property investors or developers or property speculators. The property has significant potential for income generation. The potential of the property can only be appreciated upon undertaking an internal inspection of the property, with the accompanying agents.
The property is located fronting onto High Street in the town centre of Wem where all local amenities are available. The property is within walking distance from Wem town centre.
The property is located in an area of mixed development with surrounding occupiers including Wem book shop, Junoon takeaway and Tern.
The town of Wem is located approximately 9 miles north of the County Town of Shrewsbury, where all local amenities.
Wem had a population of 6,285 at the 2021 census. The town has a railway station running on the Welsh Marches Line and provides regular trains to Shrewsbury and Whitchurch both of which are a 15 minute journey.
The town is located approximately 9 miles south of the town of Whitchurch and approximately 22 miles north west of the town of Telford.
Property information from this agent
About this agent
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield
Shrewsbury, Shropshire
SY4 3DR
01743 534860Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. Agency Services Our commercial agency team are on hand to offer friendly advice and market appraisals, helping you buy and sell commercial property throughout Shropshire, Worcestershire, Mid Wales, the West Midlands and beyond. We advise investors and developers on selling and acquiring commercial property, while also assisting with the acquisition of new premises or disposing of unwanted space. From offices and retail to industrial and leisure-based properties, we can guide you through the sale of all types of commercial property. Offering advice at every stage, we will help you find the best route to market and give you advice on how to attract the right buyers. We can also give guidance on development land, whether owner occupied or held as an investment. With strong links to buyers, our skilled and knowledgeable team are on hand to advise from start to finish. This includes guidance on any works required prior to sale, including applications for planning consent, refurbishment programmes and tenant disputes. Management Services Offering a strategic approach, we always have your future needs in mind. Whether you’re an experienced landlord or a one-off investor, we understand that your priority is to increase the value of your investment while minimising void periods and building a strong tenant profile. Working closely with our in-house marketing and PR team, we have a comprehensive tenant vetting process to help minimise your risks. If you’re looking to expand your commercial property portfolio, we will take the time needed to gain a full understanding of your needs and match you with properties suited to your business requirements within your timescales. Professional Property Services Halls Commercial is a team of RICS Registered Valuers with professional indemnity insurance cover of £10 million. As you would expect we are on the valuation panels of most of the major banks including Barclays, Lloyds, Royal Bank of Scotland, HSBC, NatWest, Handelsbanken, and Clydesdale. Our experienced team of valuers operates in accordance with RICS Valuation Standards (Red Book), International Financial Reporting Standards (IFRS) and UK GAAP and alongside the years of experience across our Commercial team, our valuations are backed by the latest valuation and appraisal software.