29 High Street
Bridgnorth, WV16 4DBThe Space
ATTRACTIVE FREEHOLD MIXED-USE INVESTMENT IN POPULAR TOWN CENTRE LOCATION
At a glance
| Property Type | Investment / Retail / Retail - In Town |
| Tenure | For Sale |
| Size | 3,304 sq ft |
| Price | Offers in the region of £350,000 |
| Energy Performance Rating | Upon enquiry |
Cosford
175 mins
Shifnal
178 mins
Albrighton
183 mins
Telford Central
194 mins
Chesham
1850 mins
Reading
1866 mins
Amersham
1879 mins
Twyford
1907 mins
Key Points
- Attractive three storey commercial investment property.
- Comprising large ground floor retail premises with two separate self-contained offices on the upper floors.
- Convenient High Street location.
- Located within a range of national retailers including Boots, Fat Face and Holland & Barrett.
- Currently generating a combined income of £23,400 per annum exclusive with further income potential from vacant first floor office.
Description
The property comprises an attractive three storey commercial investment opportunity providing a ground floor retail unit / café with separate office suites on the upper floor.
The retail unit provides open plan and well-appointed accommodation having a café area to the rear and an attractive glazed frontage onto the High Street. The upper floors provide well-appointed office accommodation with separate access.
Available area
The accommodation comprises the following areas:
| Description | sq ft | sq m |
|---|---|---|
| Ground Floor | 1,695 | 157.47 |
| First Floor | 924 | 85.84 |
| Second Floor | 685 | 63.64 |
| Total | 3,304 | 306.95 |
The Location
The property occupies a prominent location fronting the main High Street, situated amongst a mix of local and national retailers including Boots Pharmacy, FATFACE, Trespass and Holland & Barrett. The property is within a short walking distance of the main public car park with on-street parking also available in High Street itself.
Bridgnorth is a popular and busy Market Town and tourist centre serving a wide catchment area being situated approximately 20 miles south east of Shrewsbury on the A458 and 15 miles west of Wolverhampton via the A454.
Terms
The property is offered For Sale Offers in the region of £350,000 are invited for the Freehold interest subject to the existing tenancies. A sale at this level reflects a gross yield of 6.7%.