1 / 13
Offers In Excess Of £150,000

Load Street, Bewdley, DY12

1120 sq ft

1 / 13
Offers In Excess Of £150,000

Load Street, Bewdley, DY12

1120 sq ft

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Price Guide £150,000 - £175,000

Prominent double-fronted retail shop premises

Unit 45 EPC rating C60

Unit 46 EPC rating D77

First floor staff kitchen & wc

Includes the freehold of two flats above

OIRO £150,000-£175,000 invited for this prominent freehold ground floor town centre retail premises, comprising two shop units currently combined and let on a 5 year lease to Sept 2030 to a single tenant @ £1000 pcm.

45 and 46 Load Street are two adjoining shop premises occupying the ground floor of this Grade II listed building in Bewdley town centre, close to St Anne's Church and highly visible to all traffic approaching the town centre from Welch Gate/ Cleobury Road.

The shops are currently combined and let @ £1000pcm to an established micro-bar operator on a 5 year FRI lease until September 2030.

The attractive double-fronted shop window has a central entrance doorway, and would be easily divisible to form two separate units if preferred. Presently the combined layout comprises two light and airy spacious rooms left and right, with WC to the right side plus counter and door to cellar to the rear of the left side area. There is also a door to the rear left side accessing the rear hallway which has stairs up to the first floor staff kitchenette & WC.

The freehold of the building includes receipt of a ground rent of £50 per annum paid by the owners of each of the two flats occupying the first and second floors, both of which are separately owned on 99 year leases commencing 02/1/2/2005. No service charge agreements are in place.

The two flats are accessed via the party entry to the right hand side of the property which leads to a small shared backyard with shared use of brick storage shed and entrance door to the rear hallway and staircase.

Both shops qualify for Small Business Rate Relief.

No.45: 71 sq m with rateable value £5200 x 49.9 pence. EPC rating C60
No.46: 33 sq m with rateable value £6100 x 49.9 pence. EPC rating D77

Services: Mains electricity, water & drainage are connected.

Location

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