Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • To be offered on Tuesday 23 July
    • Investment let at £42,000 p.a. (12.7% GIY on guide)
    • Comprising of basement, ground, 1st & 2nd floor
    • Development potential to convert the upper floors into residential dwelling (subject to the requisite consents & existing lease)
    • Previous planning permission granted to convert into a single dwelling
    • Total area is approx. 1227 sq. ft.
    • Located in an attractive & affluent market town
    • Property has been refurbished to a high specification

    Description

    The property comprises an end of terrace listed building arranged over lower ground, ground and two upper floors. The property has been carefully refurbished including new plastering, electrics and plumbing throughout.

    The property offers a rare opportunity to acquire a well let investment property on the High Street of the affluent market town of Bridgnorth. The property has unique views across the High Street with the added benefit of significant basement space.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to Accommodation and Tenancy schedule

    Tenancy

    The property is subject to a lease expiring on 6th June 2028 at a rent of £42,000 per annum. It is currently let to Fresh From Nature Limited.

    Planning

    Shropshire Council

    Planning ref: 21/00440/FUL

    Description: Application under Section 73A of the Town and Country Planning Act 1990 for the change of use of basement, 1st and 2nd floors from retail (Use Class E) to residential (Use Class C3) to form a single dwelling with new entrance to replace existing shop window on Postern Gate; Installation of new shopfront to Waterloo Terrace

    Granted: April 2021

    Rent

    £42,000 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is situated at the head of a historic market town High St, with commanding views over it. The open spaces of Bridgnorth Town Park are within easy reach. Transport links are provided by the A458 south. Bridgnorth Train Station is approx. 0.4 miles

      Transport

      Bridgnorth Train Station - Severn Valley Railway

      Legal documents

      Login to view legal documents

      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums