Investment Consideration:
Vacant possession
VAT is NOT applicable to this property
Grade II Listed
Comprises self-contained residential accommodation of 9 letting rooms with shared bathrooms and kitchens
Redevelopment potential for HMO, Serviced Accommodation or Residential Flats, subject to obtaining the necessary consents
Total area size: 168 sq m (1,800 sq ft)
Situated in the heart of the town centre within 0.1 miles from Wellington Train Station and occupiers nearby including Post Office, Convenience Store, Restaurants and more.
Property Description:
Comprises self-contained residential accommodation at first and second floor, consisting of 9 letting rooms with shared bathrooms and kitchens, providing the following accommodation and dimensions:
First Floor: 75 sq m (800 sq ft)
3 Double Rooms, Shared Kitchen, Shared Bathroom
Second Floor: 93 sq m (1,000 sq ft)
4 Double and 2 Single Rooms, Shared Kitchen, Shared Bathroom
Total area size: 168 sq m (1,800 sq ft)
*Redevelopment potential for HMO, Serviced Accommodation or Residential Flats, subject to obtaining the necessary consents
Tenure:
Long Leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.
Location:
Wellington forms part of the new town of Telford, located north of the M54 Motorway and being approx. 10 miles east of Shrewsbury and 20 miles north-west of Wolverhampton. The property is located in the heart of the town centre within short walk to Wellington Train Station and occupiers nearby including Post Office, Convenience Store, Restaurants, Takeaway`s and more.
