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
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.
