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69 King Street Wellington, Telford, TF1

Retail for sale

£299,000
-
Total price
1974Sq Ft
Space

Details

Property Reference

AGS/3483

Address

69 King Street, Wellington, Telford, Shropshire, TF1 1NS.

Location

The property is located in the established market town of Wellington in Telford. It lies some 3 miles northwest of Telford Town Centre and a short distance from Junctions 6 and 7 of the M54 motorway. Wellington district centre accommodates a wide variety of retail uses and shopping in the area is anchored by a large Morrison's supermarket.

The property itself enjoys a prominent roadside position on King Street, in a predominantly residential area. It is adjoined on both sides by private dwellings and opposite the Kings Court residential development.

The property comprises a former public house, which has been converted to provide a two-storey 4-bedroom residential institution and adjoining single storey cafe.

The cafe forms the left-hand side of the building at ground floor level, with a pedestrian access directly off King Street. It has a capacity for approximately 32 covers and a kitchen/preparation area.

The two-storey residential element forms the right-hand side of the building with an independent access on the ground floor front elevation. The accommodation is currently arranged to provide a communal hallway, which has an office and lounge off. To the rear is a shared kitchen, with a bedroom and en-suite bathroom adjacent. On the first floor there are 3 further bedrooms, all having en-suite facilities.

Externally, there is a central communal courtyard area to the rear of the building.

The property does lend itself to conversion to multi-occupation and the lounge and office on the ground floor could easily be redeveloped to provide additional bedsits subject to planning permission.

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69 King Street, Wellington

What's this?

Size

1,974 sq ft

Price/ Rent

Asking price of £299,000

Accommodation

Cafe 599 sq ft 55.7 sq m

Ground floor residential 594 sq ft 55.2 sq m

First floor residential 781 sq ft 72.65 sq m

Total Area 1,974 sq ft 183.55 sq m

NB The Total Area excludes ground floor corridors

Services

We understand that all mains services are available or connected to the property. It should be noted that we have not checked or tested these services and interested parties should make their own enquiries.

Planning

We understand the property has planning permission for its existing residential institution and associated cafe use under Planning Permission TWC/2010/0095. However, the property is suitable for alternative residential uses, subject to planning permission, with the ground floor having the potential to to be redeveloped to provide additional living space.

Tenure

Freehold: The property is available to purchase as a whole on a freehold basis with vacant possession.

Local Authority

Telford & Wrekin Council, Addenbrooke House, Ironmasters Way, Telford, Shropshire - Tel: .

Rateable Value

According to the Valuation Office Agency website the rateable value of the property in the 2017 rating list is £9,500.

Energy Performance Certificate

The property has an Energy Rating of C(75).

VAT

All figures quoted are exclusive of VAT, which may be payable at the prevailing rate.

Legal Costs

Each party to be responsible for their own legal costs in connection with this matter.

Listed Features

  • Lift / Elevator
  • Outdoor Space
  • Office
  • Lounge Area
  • Kitchen
  • Multiple floors
  • General Retail
  • Cafè
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Property Marketed By
Andrew Dixon & Company