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AGENT'S DETAILS


178 Watling Street, Wilnecote, Tamworth, Staffordshire

For sale: £460,000.00|0.37 Acres|Retail - High Street, Other, Retail, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£460,000.00
SIZE0.37 Acres
ADDRESS178 Watling Street, Wilnecote, Tamworth, Staffordshire
TYPERetail - High Street, Other, Retail, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON15th March 2021

DESCRIPTION

A fantastic opportunity to purchase a mixed use site in Wilnecote. Current retail use, plus two residential flats, garages and in total a site of 0.37 acres.

Location

The property is located in the centre of Wilnecote on Watling Street. It is ideally located with good road frontage and close to local amenities. It also has easy access to the A5 and M42 being only 1.4 miles away.

Accommodation

The site is a mixed use site, with potential to develop and increase rental income.

Currently on site there is:

Retail accommodation
To the front of the site there is a retail area, approximately 69.8 sq m / 751 sq ft.

Workshop
From the rear of the shop, there is a large workshop area that could be rented separately to the shop, or could be utilized by a retail user. This could also be refurbished and converted into office or residential space (subject to planning).

The rear workshop is approximately 117.7 sq m / 1,267 sq ft.

Residential
Accessed from an external staircase at the rear of the property, there is a small site office, and two residential apartments. There is a 1 bed and a 2 bed apartment. These could benefit from some modernisation but would easily rent out.

Office: 6.1 sq m / 65 sq ft

Flat 1: 58.8 sq m / 633 sq ft
Flat 2: 40.1 sq m / 432 sq ft

Garages
To the rear of the property there are 4 garage units, each 2.4m by 6.22m. These are currently vacant, but would easily rent out.

There is ample parking in front of the garages as well for the shop and flats to utilize.

Rear units and compound
To the rear of the property, there is a range of outbuildings and a compound.

The main building is brick built with a monopitch asbestos clad roof.
5.8m x 12.2m = 70.8 sq m / 762 sq ft

There are various other timber units in generally poor condition.

Telecoms mast
There is a telecoms mast to the rear of the site. Please contact agent for further information.

Total Site is 0.37 acres.


Rental

Guide Price
£460,000

Planning

We understand the property will benefit from retail, residential and commercial planning consents. Interested parties should make their own enquiries as to the suitability of the site for their requirements.

The Local Planning Authority is Tamworth Borough Council - 01827 709709

Access
There are two access points to the site; one via a drive to the side of the property from Watling Street and one via an access road from Wilnecote Lane.

The property is for sale Freehold with vacant possession.

Services

We understand there is mains water, electricity and drainage to the site. Purchasers are to make their own enquiries into connectivity.

Outgoings

The current rateable value for the premises is £9,300.

The two flats are both council tax band A.

EPC
TBC

VAT
TBC

Viewings

Please contact Tori Whinder on 01530 877977 (option 3) or 01827 721380 or tori.whinder@howkinsandharrison.co.uk to arrange a viewing.

( Agency Pilot Software Ref: 2140 )

LOCATION

Location: 178 Watling Street, Wilnecote, Tamworth, Staffordshire

Wilnecote (0.3 miles)

Tamworth (2.1 miles)

Polesworth (2.7 miles)

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