43 Broadway

Shifnal, Shropshire, TF11 8BB FOR SALE – RETAIL INVESTMENT

TOWN CENTRE RETAIL INVESTMENT

 Accommodation over two floors  Freehold tenure  Annual income of £15,000 per annum  Retail use comprising professional hair salon and treatment rooms  EPC Rating’s – C65 & C73

Offers in the region of £225,000

01952 221220 Chartered Surveyors ● Estate Agents www.barbers-online.co.uk

43 Broadway Legal Costs Shifnal Each party to be responsible for their own legal costs Shropshire incurred in the matter. TF11 8BB

Location Business Rates The property is prominently situated fronting onto We understand from the Valuation Office Agency Website Broadway in the Shropshire Market Town of Shifnal. that the ground and first floors are assessed on the 2017 list as follows: Ground floor rateable value is £7,900; First Shifnal is a popular Market Town with a population of floor rateable value is £3,800. approximately 8,000 people with a mix of local and regional retailers, high street Banks and a wide range of Planning Restaurants. Telford is situated approximately 3 miles We understand that the property has planning consent for distant with Wolverhampton approximately 14.5 miles retail use within Class A1 of the Town & Country Planning distant. (Use Classes) Order 1987. We are advised by the owner that the property is Grade II Listed. Shifnal railway station is situated on the commutable Birmingham to Shrewsbury line. Local Authority Shropshire County Description Council, Shirehall, The premises comprise an imposing two storey period Abbey Foregate building with double bay frontage onto Broadway. The Shrewsbury premises feature a modern hair salon, treatments rooms, SY2 6ND. kitchen and WC. Access to the first floor is both internal Tel: 0845 678 9000 and external. Services To the rear there is a car-park accessed over a shared Mains water, electricity, gas and drainage are capable of communal road with part of the car park included in the being connected to the property. Barbers have not tested freehold title of the property. any apparatus, equipment, fittings etc. or services to the property so cannot confirm that they are in working order Accommodation or fit for their purpose. Any interested party is The approximate Net Internal Areas are as follows: recommended to obtain a confirmation from their Surveyor or Solicitor. Ground Floor 80.12 sq m (863 sq ft) First Floor 44.98 sq m (484 sq ft) Disclaimer Property Details for clarification we wish to inform prospective purchasers Lease Terms that we have prepared these sales details as a general The property is let on a lease dated 27th February 2019 guide. We have not carried out a detailed survey nor granted for a term commencing 20th December 2018 and tested the services, appliances and specific fittings. The expiring 19th December 2028 The annual rent is £15,000 measurements given are approximate. exclusive. There is a tenant break in December 2023 on the fifth anniversary of the lease. There is a rent review on VAT 20th December 2023 to the annual rent or if greater the All prices in these particulars are subject to VAT at the open market rent or if greater £16,000 per annum standard rate where applicable. exclusive. The tenant is responsible to keep the property in good repair and condition but not to return the property in Viewing any better state than at the date of the lease. The landlord Contact Barbers: insures the building and recovers the cost from the tenant. David Lowe BSc (Hons) MRICS Price Mob: 07814 002791 Offers in the region of £225,000 Tel: 01952 221220 Email: [email protected] Right of Way We are advised that there is a vehicular and pedestrian 1 Church Street right of way access across the property to the land situated Wellington at the far rear. Interested parties should make their own Telford enquiries. Shropshire TF1 1DD

V3.10.04.19 Printed by Ravensworth 0870 112 5306

Messrs Barbers for themselves and for the vendors or lessors of this property whose Agents they are give notice: (1) The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of an offer or contract. (2) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but MUST satisfy themselves by inspection or otherwise as to the correctness of each of them. (3) No employee of Barbers has any authority to make or give any representation or warranty whatever in relation to this property. (4) All rents and prices quoted are exclusive of VAT.

The Measurements Given Are Approximate Barbers for themselves and for the Vendor’s or Lessors of this property, whose agents they are, give notice that these particulars are produced in good faith, and set out as a general guide and do not constitute any part of the contract. No person in the employment of Barbers has any authority to make or give any representations or warranty whatsoever in relation to this property.

Offices at Market Drayton, Newport, Shrewsbury, Wellington Telford and Whitchurch