Lot 63
    Commercial Property
    8 Waterloo Terrace
    Bridgnorth, Shropshire, WV16 4EG
    £320,000+
    Guide Price (plus fees)
    Number 1
    An End of Terrace Four Storey Commercial Building Subject to a Lease of £42,000 Per Annum

    Description

    The property comprises an end of terrace historic building arranged over lower ground, ground and two upper floors. The property has been refurbished including new plastering, electrics and plumbing throughout.

    Tenure

    Freehold

    Location

    Well located in one of Bridgnorth's key commercial thoroughfares, the property sits at the centre of a retail community. Established national names including WHSmith, Boots and Trespass trade nearby. The open spaces of Severn Park are just moments away, adding to the lifestyle credentials of this popular market town. Good road connectivity is provided via the A458, ensuring easy access to the wider region.

    Accommodation

    Lower Ground Floor
    Basement
    G.I.A. Approximately 26 sq m / 280 sq ft

    Ground Floor
    Shop Area
    G.I.A. Approximately 26 sq m / 280 sq ft

    First Floor
    Shop Area
    G.I.A. Approximately 33 q m / 355 sq ft

    Second Floor
    Shop Area
    G.I.A. Approximately 26 sq m / 280 sq ft

    Total G.I.A Approx. 111 sq m / 1,195 sq ft

    Tenancy

    The property is subject to a lease expiring on 6th June 2028 at a rent of £42,000 per annum. The Seller has informed us that the Tenants are in arrears please refer to the legal pack for more information.

    EPC Rating

    E
    Open for Viewings During Normal Business Hours
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
    Share this lot

    Additional Fees and Disclaimer

    Administration charge: £1,800 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

    Click Here for our Notice to Prospective Buyers

    Similar Properties

    Units 9A1 & 9A2 Cranborne Industrial Estate, Cranborne Road, Potters Bar, Hertfordshire, EN6 3JN
    LOT 54
    Guide Price: £525,000+
    Commercial PropertyFreehold
    Units 9A1 & 9A2 Cranborne Industrial Estate, Cranborne Road, Potters Bar, Hertfordshire, EN6 3JN
    A Vacant Double Fronted Semi Detached Commercial Building
    Next Viewing: Thu 11th Jun 1:30pm - 2:00pm
    The Plough, 7 Main Street, Catcliffe, Rotherham, South Yorkshire, S60 5SR
    LOT 55
    Guide Price: £300,000+
    Commercial PropertyFreehold
    The Plough, 7 Main Street, Catcliffe, Rotherham, South Yorkshire, S60 5SR
    A Substantial Detached Building Arranged to Provide Three Retail Units, Five Flats (All Sold off on Long Leases) and a Car Park all Situated on a Plot of Land Measuring Approximately 1,194 sq m Producing £36,540 Per Annum (Reflecting a Gross Initial Yield of 12.1%). Potential for Development (Subject to Obtaining all Relevant Consents)
    Open to View During Normal Business Hours For all enquiries, please contact Joe at joe@auctionhouselondon.co.uk

    Contact Our Property Experts