20/22 New Street Wellington Telford Shropshire TF1 1NE

20/22 New Street
Wellington
Telford
Shropshire
TF1 1NE

Freehold Retail Investment Opportunity

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
Sold
Price
£311,000
Auction Venue
Live Streamed Auction

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Freehold Retail Investment Opportunity

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 Sold
Price £311,000
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

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.