Offers Around £299,950

Tudor House

Shop/Retail Premises and Maisonette, 47 High Street, Wem

Details

INVESTMENT PROPERTY consisting of 2 separate retail/office premises on the ground floor with storage and office space now currently let on a 3 year lease ending Nov 2024 and a large, well-equipped 3 bedroom apartment over the first and second floors currently tenanted on an Assured Shorthold Tenancy

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  • 2 shop / office frontages
  • Plenty of extra retail / office space
  • Private parking
  • Additional 3 bedroom apartment
  • Family bathroom plus en-suite
  • Roof garden
  • INVESTMENT PROPERTY

Council Tax Band:

Contact Local Authority

Local Authority:

Shropshire Council

Services:

Mains water, drainage, gas and electricity

Viewing:

Strictly by appointment with Harfitts

:
A great investment property with good yield Tudor House is located on the main thoroughfare in Wem and comprises two separate retail/office premises on the ground floor each with their own frontage and separate entrances with kitchen and WC facilities now currently let on a 3 year lease ending November 2024 with a break clause after year 1 achieving an annual rental figure of £12,000 and a 3 bedroom apartment which is currently let on an Assured Shorthold Tenancy achieving a rental figure of £675pcm.
 
The apartment is situated on the first and second floors and consists of a large living room; fully fitted, modern kitchen and the smaller of the bedrooms on the first floor which has a large en suite bathroom.   Access from the first floor to the roof terrace is a great space for outside entertaining.
 
Situated on the second floor leading from the spacious landing area are two further double bedrooms and family bathroom with bath, separate shower cubicle, WC and wash hand basin.  There is also a very useful large, boarded under-eaves storage area.
 
Outside
 
The apartment has access to a roof terrace and there is private parking behind the property under a covered carport.
 
The Local Area

Tudor House is ideally located within the market town of Wem. There are excellent doctors, dentists, schools and independent shops within the town, as well as a supermarket and a good selection of pubs and eateries.

The larger towns of Shrewsbury and Whitchurch are only a few miles drive away, and there are rail links directly from Wem Station to Crewe to the north, and Shrewsbury, Birmingham and London to the south.

Tenure

We understand the property is Freehold, although purchasers are advised to confirm details with their solicitor

All measurements are approximate and are for identification purposes only

VALUATIONS

For a free no obligation valuation of your own property please call us on 01939 232775

MORTGAGE ADVICE

We can put you in contact with expert independent financial advisors, please ask for details

SURVEYS

Please ask us for details of local surveyors

Download Particulars:

PDF File
Floorplan
Floorplan

Harfitts for themselves and for the vendors or lessors of this property, whose Agents they are, give notice that:

These particulars are produced in good faith, and are set out as a general guide and do not constitute any part of an offer or contract.

No person in the employment of Harfitts has any authority to make or give any representations or warranty whatever in relation to this property.

Harfitts take many precautions to ensure that the sale particulars are drafted accurately and that information is verified by the owners, who have checked these details and declare them true and accurate.

All measurements are approximate and are for identification purposes only.

Electrical and other appliances mentioned in these particulars have not been tested by Harfitts. Therefore prospective purchasers must satisfy themselves as to their working order.

Harfitts is a trading name of Paul F. Harfitt & Co.

If you wish to find out more about any of the services we have to offer please contact us by email or on the telephone number below or you can call into our High Street office and we will be only too pleased to help you with any questions you my have.

The Old Bank
20 High Street
Wem
Shropshire
SY4 5AA

Tel  01939 232775
Fax  01939 236684

Legal Enquiries [email protected]
Property Enquiries [email protected]

Office Hours  09:00 - 17:30 Mon - Fri
                         09:00 - 13:00 Sat (Property Agency only)

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