Residential · Commercial Property · Freehold

An End of Terrace Four Storey Commercial Building Subject to a Lease of £42,000 Per Annum

8 Waterloo Terrace, Bridgnorth, Shropshire, WV16 4EG

Property type
Commercial Property
Tenure
Freehold
EPC
E

An end of terrace four-storey commercial building located in Bridgnorth's key retail thoroughfare, comprising basement and three trading floors with a total G.I.A. of approximately 111 sq m (1,195 sq ft). The freehold property has been recently refurbished with new plastering, electrics and plumbing throughout, and is currently let on a lease expiring 6th June 2028 at £42,000 per annum.

End of terrace location Four-storey building Recently refurbished Retail community Freehold tenure

Accommodation

  • Lower Ground Floor / Basement Approximately 26 sq m / 280 sq ft
  • Ground Floor Shop Area Approximately 26 sq m / 280 sq ft
  • First Floor Shop Area Approximately 33 sq m / 355 sq ft
  • Second Floor Shop Area Approximately 26 sq m / 280 sq ft

Full description

An end of terrace four-storey commercial building located at 8 Waterloo Terrace, Bridgnorth. The historic property comprises a basement, ground floor and two upper trading floors, with a total G.I.A. of approximately 111 sq m (1,195 sq ft). The property has been refurbished including new plastering, electrics and plumbing throughout. The property is well located in one of Bridgnorth's key commercial thoroughfares, sitting at the centre of a retail community with established national names including WHSmith, Boots and Trespass trading nearby. The open spaces of Severn Park are just moments away. Good road connectivity is provided via the A458, ensuring easy access to the wider region. The accommodation is arranged as follows: Lower Ground Floor / Basement (approx. 26 sq m / 280 sq ft), Ground Floor Shop Area (approx. 26 sq m / 280 sq ft), First Floor Shop Area (approx. 33 sq m / 355 sq ft) and Second Floor Shop Area (approx. 26 sq m / 280 sq ft). The property is freehold and subject to a lease expiring on 6th June 2028 at a rent of £42,000 per annum. The Seller has informed that the Tenants are in arrears.

Financial Tools

Your estimated monthly payment
£1,292.31/mo
Deposit £77,500 (25%) Loan £232,500 Interest £155,193
Total cost £387,693 Total interest £155,193
Property price£310,000
Deposit25%
£77,500
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

Location

8 Waterloo Terrace, Bridgnorth, Shropshire, WV16 4EG
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