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Shops for sale in Shifnal, Shropshire

Create Alert 4 results Sorry, we currently do not have any listings for sale in 0 miles of Shifnal, Shropshire - Please find below the nearest listings available.
For SalePOA
New
Location
Wolverhampton lies to the north west of the West Midlands, with Birmingham 15 miles to the south east, Walsall 5 miles to the east and Telford 18 miles to the west. There is excellent access to the Midland motorway netwrok with Junctions 1 & 2 of the M54 being 4 miles to the north and Junction 10 of the M6 4 miles to the east.

The property is located within the Wolverhampton ring road occupying a prominent position with frontages to Waterloo Road, Darlington Street and Red Lion Street. The surrounding area comprises a mix of local and national operators ranging from accountants, solicitors, recruitment agents and solicitors to retailers to include House of Fraser.

Description
The premises comprise 4 separate properties in an unbroken block with the benefit of a small car park.

4 Waterloo Road (Waterloo House), comprises a 3 storey offices premsies of brick construction with pitched slate roof. The ground floor is currently occupied by an estate agents with the upper floors providing further office space and ancillary accommodation.

2 Waterloo Road and 79 Darlington Street (Stamford House) is again a 3 / 4 storey premises of brick construction with pitched slate roof. The ground floor and part first floor is occupied by an estate agent with access off Darlington Street. The remaining 1st, 2nd and 3rd floors are accessed via a shared entrance off Waterloo Road serving two suites of offices.

80 Darlington Street is a 3 storey premises with self contained ground floor trading as an estate agent with separate access to the 1st and 2nd floor offices.

81-83 Darlington Street (Trafalgar House) comprises 2 ground floor retail units (81 and 82 have recently been combined to create one unit) trading as an estate agent and recruitment agent. The upper floor office accommodation is again self contained with access from Darlington Street.

Accommodation and Tenancies
The property is currently 80% let to 8 tenants with a total rent passing of £127,450 per annum. There are currently three vacant office suites available totalling 3,756 sq.ft., which would add a further £18,750 per annum to the rent receivable based on £5 per sq.ft, with a potential further £3,750 from the letting of the vacant parking spaces. Once fully let the estimated rental value would be in the region of £156,500 per annum, exclusive.

A number of the tenants have been in occupation for several years with two long standing tenants currently renewing for a further term.

Please see attached tenancy schedule for further information.

Tenure
Freehold, subject to the current tenancies

Service Charge
A service charge is run in respect of the properties and further information is available on request.

Asset Management Opportunities
- Refurbish and upgrade vacant suites.

- Potential conversion opportunities of the vacant accommodation to residential subject to planning.

Pricing
We are seeking offers in the region of £1,600,000
Investment Block 2-4 Waterloo Road and 79-83 Darlington Street, Wolverhampton
Type: Residential, Retail, Offices, Office, Retail - High Street, Mixed Use, Other Property Types & Opportunities
Location: 2-4 Waterloo Road and 79-83 Darlington Street Darlington Street, Wolverhampton, WV1 4JD
Images: 6
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For Sale£765,000.00
Purchase Price: £765,000
Type: Investment Properties
Size: 18,950 sq. ft / 1,760 sq. mtrs
Tenure: For Sale
Description:

Modern industrial investment
Detailed Information
Location

The is located about one mile east of Wolverhampton city centre in an established industrial location, and is approximately 4 miles from M6 Juntion 10 and 3.5 miles from M54 Junction 1
Description

The property comprises a modern two bay detached warehouse with extensive circulation area
Accommodation

Total internal area 18950ft²

This includes 950ft² of mezzanine level office area

Eaves height approx 24ft²

Site area approx 0.8 Acres
Lease

The property is leased to Guardrail Engineering Limited until February 2025

There is a tenant break option in February 2023

Fully repairing and insuring subject to schedule of condition

There are rental increments on the 9th February of each year as follows

2017 £66,625

2018 £68,290

2019 until expiry (2025) £70,000pa
Tenant Company

Guardrail manufactures industrial handrailing systems. For more information see;

www.guardrailgroup.com

Guardrail Engineering Limited was incorporated in 1995 and in financial statements to y/e 31/12/14 had net assets of £724,746

Source: www.companycheck.co.uk
Price

£765,000
VAT

Will apply in addition
EPC

E
Further information

Contact, Mark Tromans 01902 425646

Subject to contract
Unit B, Manders Industrial Estate, Old Heath Road, Wolverhampton, WV1 2RP
Type: Warehouse, Industrial, Distribution Warehouse, General Industrial, Storage, Trade Counter, Retail
Location: Unit B, Manders Estate, Old Heath Road, WV1 2RP
Size: 18950 Sq Ft
Images: 3
View Property
For Sale£160,000.00
Two-storey mixed retail and residential investment in prominent location. Self-contained retail unit on the ground floor with separate 1-bed flat to the rear, together with a 2-bed flat on the first floor. Site area of 0.11 ac including yard/parking area to rear with two unused commercial buildings. Ground floor retail unit has full planning permission (TWC/2017/0169) for conversion to a further residential flat. Rear yard and outbuildings (circa 2,691 sq ft) have development potential for commercial or residential use subject to planning consent. Two longstanding tenants, currently producing a rental income of £9,927.84 pa.
32 Stafford Street, St Georges, Telford, TF2 9JQ
Type: Retail, Residential, General Retail, Retail - Out of Town, Mixed Use, Land, Other Property Types & Opportunities, Commercial Land
Location: 32 Stafford Street, TF2 9JQ
Size: 1463 Sq Ft
Images: 3
Brochures: 1
View Property
For Sale£295,000.00
Freehold retail and first floor self contained office investment part vacant. Modern town centre building with rear delivery access. Scope for refurbishment. Duke Street is centrally located in the main retail area of Wellington with the important Wellington Retail Market nearby together with a range of multiple concerns including Lloyds TSB, Subway, Coral Bookmakers, Halifax etc in close proximity. There are a range of free public car parks a short distance from the property. Wellington is the principal district centre of Telford which has a total population of about 120,000.
Duke Street, Wellington, Telford, Shropshire
Type: Office, General Retail, Retail - High Street, Retail, Mixed Use, Offices, Other Property Types & Opportunities
Location: 8 - 10 Duke Street, Wellington, Telford, TF1 1BJ
Size: 3700 Sq Ft
Images: 2
Brochures: 1
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