Load Street, Bewdley, Worcestershire, DY12
£275,000

Guide price

Freehold, mixed use investment property in prime Town centre location. Retail shop unit fronting Load Street let to Bewdley Blooms, self contained maisonette over let on assured shorthold tenancy and separate detached premises to the rear currently vacant but last used as a music studio. The former studio premises have potential for change of use to provide further residential accommodation subject to necessary consents. Located in the conservation area, the grade II listed property is situated in the popular riverside town of Bewdley which provides a range of amenities to include shops, Bewdley Museum, independent restaurants, and pubs.

Shop Approximate net internal area 336.31 sq ft/ 31 sq mtr.. The premises comprise a retail shop unit accessed off Load Street and steps down to cellar with well and sump pump. There is a stock room, kitchenette and toilet located on the first floor accessed via a shared passageway leading to the rear of the property and an external staircase. Approx net internal area 336.31 sq ft/ 31 sq mtr.

Let to Mrs C Banks trading as Bewdley Blooms on 6 year lease from 1st December 2022 on internal repairing and insuring terms. Current rental £9,500 per annum.

Maisonette Accessed via a shared passageway and external staircase to the first floor. Communal landing leading to the front entrance door. The flat comprises of: entrance hall, lounge, stairs to second floor with kitchen, bedroom and bathroom.

Currently let on an assured shorthold tenancy at £400 per month.

Self Contained Studio Approximate net internal area 1057.39 sq ft/ 98.27 sq mtr. Accessed via a shared alleyway the stand alone premises comprises of: entrance hall, two front rooms, a central kitchen area, w.c. and store room. Stairs to the first floor lead to a further two rooms. Potential to convert these premises to residential, subject to necessary planning consents.

Outside Open courtyard with 9 Load Street having pedestrian right of way over to access their premises.

Business Rates The current rateable value for the shop is £6,200.

The current rateable value for the rear commercial premises is £7,900.

Interested parties are advised to contact Wyre Forest District Council on 01562 732928 to establish the rates payable. For information on business rates relief go to www.gov.uk or www.wyreferestdc.gov.uk

Energy Performance Certificate EPC rating for the shop is D.

EPC rating for the rear studio premises is E.

EPC rating for the maisonette is E.

V.A.T Payable V.A.T. will not be charged on the purchase price

Tenure & Possession Freehold. The shop and maisonette are subject to tenancies. The studio premises are offered with vacant possession.

Services Mains water, electricity, and drainage are connected. Gas is available at the self contained studio premises to the rear. We have not tested any apparatus, fixtures, fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose. Prospective tenants are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate.

Fixtures & Fittings Any fixtures and fittings not mentioned in these sale particulars are excluded from the sale.

Viewing By prior appointment with Doolittle & Dalley 01562 821600.

Council Tax Band Council Tax Band for the flat is 'B' as at 01.12.2023

Reference: jea.lb.01.12.2023.

Money Laundering Regulations We are governed by the Anti-money Laundering Legislation and are obliged to report any knowledge or suspicion of money laundering to the National Criminal Intelligence Service. Therefore if you purchase this property you will be required to produce photographic identification and a utility bill for your current address in accordance with this Act. Without identification a sale cannot proceed.

Valuation Advice for Prospective Purchasers If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.

Misrepresentations Act Messrs. Doolittle & Dalley for themselves and for the vendors/lessors of this property whose agents they are, give notice that:- 1.These particulars do not constitute, or constitute any part, of an offer or a contract. 2.All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Doolittle & Dalley or the vendor. 3.None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4.Any intending purchaser must satisfy him/herself by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. 5.The vendor does not make or give and neither Messrs. Doolittle & Dalley or any person in their employ has any authority to make or give any representation or warranty whatever in relation to this property.

01562 821600

Doolittle & Dalley

Estate House Proud Cross Ringway, Kidderminster, Worcestershire

See all properties from this agent

Send me homes like this by email

This field is required
Please enter a valid email address