High Street, Wem, SY4
- PROPERTY TYPE
Takeaway
- SIZE
Ask agent
Key features
- 71-71a High Street, Wem SY4 5DR
- Ground floor: Restaurant
- First floor: 4 bedrooms and a bathroom
- Second floor: 2 large rooms that need full refurbishment
- Entrance to first floor is separate entrance
- All fully central heated / new plumbing and wiring was done when property was purchased
- Small car park behind property
- Grade 2 listed property
- Lease ends 31/08/2029
- £850 rent per month
Description
This commercial unit currently achieves a rental income of £880PCM and a yield of over 8% if secured at the guide price of £125,000, but if you include the potential rent of a further £675 you could extend the yield return to over 15%.
Situated in the busy market town of Whitchurch, this area benefits from a variety of independent local shops, schools, four large supermarkets and other major retailers. The renowned Hill Valley Hotel, Golf & Spa is located on the outskirts of the town, which offers great facilities. Whitchurch train station is on a direct line between Crewe and Shrewsbury with onward connections to Manchester, London and Birmingham plus other major cities
For any further information, please contact the Wilsons Auctions Property Department.
High Street, Wem, SY4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wem Station0.4 miles
- Yorton Station3.2 miles
- Prees Station3.5 miles
Notes
Disclaimer - Property reference WAD250119. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Wilsons Auctions Ltd, Covering Scotland. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Wilsons Auctions Ltd, Covering Scotland on 01294 442175.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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