44 / 45 High Street & 99 Cartway Bridgnorth Shropshire WV16 4DX

44 / 45 High Street & 99 Cartway
Bridgnorth
Shropshire
WV16 4DX

Freehold Retail and Leisure Investment

  • Prominent High Street location
  • Located in popular Shropshire town
  • Asset management potential (subject to consents)
  • Nearby occupiers include WH Smith, M&Co, Prezzo and Fat Face.
  • £14,583.38 per annum exclusive with 1,855 sq ft offered with vacant possession
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    81
  • Auction
    7th July 2016
  • Rent
    £14,583 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    Leisure
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail and Leisure Investment

  • Prominent High Street location
  • Located in popular Shropshire town
  • Asset management potential (subject to consents)
  • Nearby occupiers include WH Smith, M&Co, Prezzo and Fat Face.
  • £14,583.38 per annum exclusive with 1,855 sq ft offered with vacant possession
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 81
  • Auction 7th July 2016
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    Leisure
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
26 miles north west of Birmingham, 15 miles south west of Wolverhampton, 12 miles south of Telford
Roads
A458, A442, A454
Air
Birmingham International Airport
Situation

Bridgnorth is a popular market town located on the River Severn some 15 miles south west of Wolverhampton. The property occupies a prominent corner position on the eastern side of the High Street at its junction with Cartway. Nearby occupiers include WH Smith, M&Co, Prezzo and Fat Face.

Tenure

Freehold.

Location
Miles
26 miles north west of Birmingham, 15 miles south west of Wolverhampton, 12 miles south of Telford
Roads
A458, A442, A454
Air
Birmingham International Airport
Situation

Bridgnorth is a popular market town located on the River Severn some 15 miles south west of Wolverhampton. The property occupies a prominent corner position on the eastern side of the High Street at its junction with Cartway. Nearby occupiers include WH Smith, M&Co, Prezzo and Fat Face.

Tenure

Freehold.

Description

The property comprises a prominent corner building currently arranged as three ground floor retail units with a restaurant on first and second floors. The property benefits from a three bedroom flat on the second floor which is accessed via 44 High Street/ 99 Cartway.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a prominent corner building currently arranged as three ground floor retail units with a restaurant on first and second floors. The property benefits from a three bedroom flat on the second floor which is accessed via 44 High Street/ 99 Cartway.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
44-45 High
Street
First
Second
Restaurant
Restaurant
131.4 sq m
(1,414 sq ft)
INDIVIDUAL
(t/a Casa Ruiz)
15 year lease
from 05/04/2016
until 04/04/2031
£14,583.38 05/04/2021
05/04/2026
45 High Street Ground
Basement
Retail
Ancillary
40.8 sq m
17.2 q m
(439 sq ft)
(85 sq ft)
VACANT POSSESSION      
44 High Street
/99 Cartway
Upper Ground
First
Second
Retail
Ancillary
Residential
38.0 sq m
22.1 sq m
Three Bedroom Flat
(409 sq ft)
(238 sq ft)
VACANT POSSESSION      
44a High Street Lower Ground Retail
54.3 sq m
(584 sq ft)
VACANT POSSESSION      
Total Commercial Area    
303.80 sq m
(3,269 sq ft)
    £14,583.38

(1) Casa Ruiz is a Spanish restaurant who have been in occupation since 2009.

Property Documents

  • Catalogue Page
    Updated Date
    13.11.19
    File Size
    503 KB
    View PDF
  • Site Plan
    Updated Date
    13.11.19
    File Size
    326 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds LLP 1 Callaghan Square
Cardiff
CF10 5BT
Amy Jones 0845 497 9797amyjones@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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