Let on new 5 year lease until June 2030 t/a Cash Converters
Prime Pedestrianised Town Centre location
Approximately 246.80 sq m (2,657 sq ft)
Well Located Town Centre Location
Neighbouring occupiers include Iceland, Boots, Savers, Subway, William Hill and Greggs
Lot 67
Auction 30th October 2025
Rent £23,500 per Annum Exclusive
Status Available
Guide* £200,000
Sector Retail, High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
4 miles north west of Telford, 36 miles north-west of Birmingham, 75 miles south of Manchester
Roads
A442, A5, M54 (Junction 6)
Rail
Wellington Railway Station, Oakengates Railway Station
Air
Birmingham Airport
Situation
Wellington is situated between Telford and Shrewsbury and is well connected via the M54, forming part of Telford Town. The property is prominently situated on the south side of the pedestrianised New Street, Wellington’s main retail thoroughfare. Nearby occupiers include Iceland, Boots, Savers, Subway, William Hill, and Greggs.
Tenure
Freehold.
Location
Miles
4 miles north west of Telford, 36 miles north-west of Birmingham, 75 miles south of Manchester
Roads
A442, A5, M54 (Junction 6)
Rail
Wellington Railway Station, Oakengates Railway Station
Air
Birmingham Airport
Situation
Wellington is situated between Telford and Shrewsbury and is well connected via the M54, forming part of Telford Town. The property is prominently situated on the south side of the pedestrianised New Street, Wellington’s main retail thoroughfare. Nearby occupiers include Iceland, Boots, Savers, Subway, William Hill, and Greggs.
Tenure
Freehold.
Description
The property comprises ground floor double fronted retail accommodation with first floor ancillary accommodation.
The property also benefits from a loading access door to the rear of the property.
VAT
VAT is not applicable to this lot.
EPC
Band D
Description
The property comprises ground floor double fronted retail accommodation with first floor ancillary accommodation.
The property also benefits from a loading access door to the rear of the property.
VAT
VAT is not applicable to this lot.
EPC
Band D
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Reversion
Ground First
Retail Ancillary
128.40 118.40
(1,382) (1,274)
RANDELL ROBERTS CONSULTANCY LIMITED (CRN: 05282625) t/a Cash Converters
5 years from 24/06/2025 (3)
£23,500
10/06/2030
Total Approximate Floor Area
246.80 (1)
(2,657) (1)
£23,500
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). (2) Randell Roberts Consultancy (CRN: 05282625) were incorporated in 2004 and are trading as Cash Converters. For the year ending 30 November 2024 Randell Roberts Consultancy Limited (CRN: 05282625) reported Capital and Reserves of £2,519,062., (Source: Randell Roberts Consultancy Limited financial statement as published at Companies House 25/09/2025). Cash Convertors is the UK's largest second hand retailer, with over 700 stores worldwide and more than 180 stores UK wide. Cash Convertors specialise in Cameras, Laptops, Musical Instruments, Jewellery, Phones and a range of other products (https://www.cashconverters.co.uk/). (3) The lease provides for a tenant option to determine the lease on the 24th June 2028 subject to serving 6 months written notice.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
