Property for sale
Property description & features
- Tenure: Freehold
- Freehold Investment
- Excellent location
- Period Grade II Listed Building
- Fully Income Producing
- Gross Rental £27,300 pa
- Restaurant & two 2 bedroom flats
- Private Car Parking
- Immediately Available
ACCOMMODATION
The property comprises an end of terrace period 3 storey property of traditional construction in brick with tiled pitched roof. To the side is a flat car parking area directly from Lichfield Street. We are unaware of services / heating.
We understand the property has a restaurant use to the whole of the ground floor and two 2 bedroom apartments above with access from the side. See floor plans for approximate layout.
TENANCIES & RENTALS
The Property is freehold - Title No WR109256. We understand the rentals to be as follows. Tenancy details available from the Agents.
Ground Floor £12,000 pa exclusive
First floor flat £650 pcm exclusive
Second floor flat £625 pcm exclusive
Total Annual Rental £27,300 gross pa - All details to be confirmed
LISTING
The Property is Grade II Listed within the Conservation Area - English Heritage No 933347
PRICE
By Order of the High Court the property is to be sold by private treaty. Offers of £280,000 are invited for immediate sale - subject to contract only.
BUSINESS RATES & COUNCIL TAX
Tenants are responsible for Business Rates and Council Tax.
Ground Floor Rateable Value £6,200 as at April 2023
Ist & 2nd Floor Flats Council Tax Band A
LEGAL COSTS - Each party will responsible for all their own costs in respect of this transaction.
VAT - All prices, premiums and rents etc are quoted exclusive of VAT. VAT is not charged on this property.
VIEWING - Strictly by appointment with the Agents on[use Contact Agent Button] - option 3.
LOCATION
The property is located in a prominent corner position on Lichfield Street and Mart Lane in the centre of Stourport on Severn immediately adjacent to Lichfield Basins and the canal network.
The property is surrounded by similar buildings predominantly Listed and is within the Conservation Area.
Property information from this agent
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Energy Performance data and Internal floor area
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