GOODCHILDS are pleased to present this prominent commercial retail unit in the centre of Wellington Town Centre, Shropshire. Currently used as a Butchers shop the property sits on the corner of Market Approach and Duke street. Comprising of a retail unit on the ground floor, office and staff room on the first floor, and preparation room and cold store in the basement. Call Goodchilds for more information on 01952 701019.
The property s situated just off Market Square on the corner of Duke Street and Market Approach within the Town Centre of Wellington. The property is situated on the main thoroughfare leading to Wellington Market, the principal market within Telford.
Wellington is located approximately 4 miles west of Telford Centre. It is easily accessed being situated approximately 1 1/2 miles distance from Junction 7 of the M54 which provides access to Shrewsbury and surrounding conurbations.
The premises occupy a good retail location with return frontage. Immediate surrounding occupiers include the Dunn Cow Public House, Specs Factory, Subway Sandwich Shop and Greggs.
The centre of Wellington includes a number of local, regional and national retailers and is renowned for its indoor and outdoor markets held on Tuesdays, Thursdays, Fridays and Saturdays.
The property which is currently used as a Butchers provides a two storey retail premises with basement. The ground floor sales area has a consertina wooden door and window frontage onto both duke street and market approach. Having a tiled floor, suspended ceiling, electric points and lighting with stairscases to both the first floor and basement.
The first floor comprises of a W/C, Office and Kitchen / Staff room. Stairs to the rear of the shop lead to the basement which comprises of a cold storage room and preparation room.
The premises have the following accommodation (all measurements are approximate).
Ground Floor:- Retail Sales Area 22.30sq.m (240sq.ft)
First Floor:- Office/ Kitchen / Staff Room / W/C :- 15.06sq.m (162sq.ft)
Basement :- Preparation / Cold Storage Room 16.36sq.m (176sq.ft)
Total NIA 53.72sq.m (578sq.ft)
The premises are available to purchase including the freehold interest with vacant possession. Offers are sought in the region of £95,000.
The premises are currently occupied by the owner who will be vacating the premises on exchange of contracts.
Historically the premises were occupied by virtue of lease back in 2010. The former tenant was paying a rent of £7,000 per annum exclusive with tenants responsible for repairs and insurance terms. We would expect a rent of £8000 per annum would now be achievable.
Each party to be responsible for their own legal costs incurred with any transaction.
The building is connected to mains water, electricity and drainage.
We are advised by the current owner that no VAT will be payable on this transaction.
We understand from the Valuation Office Agency Website that the premises are assessed with a rateable value of £6000 as of the 1st of April 2017.
The Borough of Telford and Wrekin
PO Box 249
Telephone : 01952 380 000
By arrangement with the Agents Office at:
33 Church Street
Tel:- 01952 701019