No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers in region of£75,000
Added > 14 days

Shop for sale

Teme Street, Tenbury Wells, WR15
Save
Shop
0 bed
0 bath

Property description & features

  • Tenure: Leasehold
  • Investment property - Business Unaffected
  • Prime High Street Location
  • Sales Area c.52 sq m
  • Stores/WC
  • Double Fronted Window
  • Long Leasehold Interest
BUSINESS UNAFFECTED
Retail shop situated in the picturesque riverside town of Tenbury Wells on the Worcestershire/Shropshire border, in a saught after position in the High Street

Situation: This Greetings Card and Gift Shop is situated in a picturesque riverside town on the Worcestershire/Shropshire border, in a sought after position on the High Street, which hosts on the commercial side a bank, a Chartered Surveyors, three public houses, a pharmacy, a cinema, dentists and optician.
The retail sector includes a newsagent, pet shops, confectionery shop, three cafes, hardware stores, electrical goods retailer, jewellers, ladies beauty salon, a vegetable shop, a fish shop, ladies and men's hairdressers, butchers and a Spar convenience store incorporating the Post Office.

The shop has street parking outside and opposite, plus further parking in the Tesco store. Car parking is available to the rear of the Public Library, off Teme Street which leads to a free car park next to the swimming pool


Description: A double fronted, Grade II listed shop with good display windows and pedestrian door off pavement

Accommodation: Front shop - with exposed beams circulating around the sales counter, rear display area extending to 51.6 sq m (555 sq ft)

Rear Lobby - with WC and hand wash basin, small storage area.
Extending to 11.9 sq m (128 sq ft). Total Area 63.5 sq m

Tenure: The interest being sold is the unexpired term of 125 years lease granted on the ground floor from 4/11/1992 (unexpired term approximately 94 years).


Occupancy: The shop is occupied by 'Nice Things' gift shop which currently pay £6,000 per annum on a 10 year lease expiring 30th November 2033.


EPC: Exempt (as property is listed)

Services: Mains Electricity
Mains Water and Drainage

Outgoings: Rateable Value £8,400, which qualifies for Small Business
Rates depending on occupier

Directions: Cross Teme Bridge into the Town Centre, the shop is equidistant between the TSB Bank and the Regal Cinema
on the right hand side

Further Information: Should you require and further information before or after viewing, please contact Franklin Gallimore's office. [use Contact Agent Button]

Viewings: Viewings of the premises are strictly by appointment with Franklin Gallimore.
No prospective purchaser is to make any enquiries at the premises wothout prior agreement of Franklin Gallimore


Places of interest

    Request viewing/info
    Richard is a lifelong Tenbury Wells resident and an experienced Chartered Surveyor who has worked for more than 20 years in both public and private practices throughout the West Midlands. He has a wealth of development, commercial property, professional and valuation expertise. Richard is also a Regional Spokesman for the Royal Institution of Chartered Surveyors (RICS) and in this capacity provides commentary on the property market for both TV and radio. He has also advised on TV shows including Property Ladder. Edward Gallimore is a Chartered Surveyor and Estate Agent who has practiced in Tenbury Wells for over 30 years, opening his own office in 1988. Edward has built up a strong and loyal client base with unrivaled knowledge of the beautiful Teme Valley and surrounding areas.

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    *DISCLAIMER

    Property reference FRGL_000923. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Franklin Gallimore - Tenbury Wells.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on February 1, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.