Load Street, Bewdley, Worcestershire, DY12
£425,000

Guide price

For Sale - Asking Price £425,000. Ideal investment opportunity to purchase this freehold building. Comprising of two ground floor commercial premises, both of which are currently occupied by a well established launderette company. There are two flats, both have two bedrooms, and both currently rented out an Assured Shorthold Tenancy. The Grade II Listed premises are located in a Conservation Area in the popular riverside town of Bewdley. The town is very sought after and provides a range of amenities to include shops, independent restaurants and pubs. Rental income of £29,796 Per Annum.

Commercial Premises Right Hand Front Shop

165.27 sq ft / 15.36 sq mtrs

Drying Area

181.41 sq ft / 16.86 sq mtrs

Cellars

285.03 sq ft / 26.49 sq mtrs

Left Hand Front Shop

185.07 sq ft / 17.20 sq mtrs

Drying Area

143.21 sq ft / 13.31 sq mtrs

Stairs to first floor, which also provides access to the two flats and a rear entrance leading to a shared rear courtyard area and pedestrian access to the front elevation.

Kitchen Area & W.C.

46.24 sq ft / 4.29 sq mtrs

Approximately 721.13 square foot / 67.02 square metres net internal.

Flat One Subject to an Assured Shorthold Tenancy. Accessed to the communal entrance door is via a shared pedestrian alleyway. The flat has single glazed windows with Upvc double glazed secondary glazing and electric heaters.

Entrance Hall 6'8" x 4'1" (2.04m x 1.25m)

Storage cupboard

Open Plan Lounge Kitchen 14' x 18'3" (4.27m x 5.55m)

Range of wall and floor units incorporating: Stainless steel, single drainer, sink unit. Integrated 'Lamona' electric oven and hob.

Bedroom One 15'1" x 12'4" (4.61m x 3.75m)

Bedroom Two 10'1" x 13'7" (3.08m x 4.13m)

Bathroom 5'9" x 9'1" (1.74m x 2.76m)

Panelled bath with mixer shower over. Low flush w.c. Pedestal wash hand basin. Cupboard with hot water tank. Electric heater and extractor fan.

Flat Two Subject to an Assured Shorthold Tenancy. Accessed to the communal entrance door is via a shared pedestrian alleyway. The flat has single glazed windows with Upvc double glazed secondary glazing and electric heaters.

Entrance Hall 7'3" x 10'10" (2.20m x 3.29m)

Lounge 13'5" x 13'3" (4.10m x 4.04m)

Irregular Shaped Kitchen 10'7" x 15'9" (3.23m x 4.80m) Average

Range of wall and floor units incorporating: Stainless steel, single drainer, sink unit.

Bedroom One 11'2" x 12'11" (3.41m x 3.94m)

Bedroom Two 14' x 13'9" (4.26m x 4.20m)

Shower Room 6'3" x 8'3" (1.90m x 2.52m)

Shower enclosure with 'Triton T80' electric shower. Low flush w.c. Vanity unit.

Rental Income The rental income for the ground floor commercial premises is £12,000 per annum.

Flat One subject to an Assured Shorthold Tenancy with a rental income of £695pcm.

Flat Two let on an Assured Shorthold Tenancy with a rental income of £788pcm.

Agent Note The flats are offered for sale separately as well and the ground floor premises with the freehold. For further information please contact Doolittle & Dalley.

Business Rates The current rateable value for 45 Load Street is £5,200.

The current rateable value for 46 Load Street is £6,100.

Interested parties are advised to contact Wyre Forest District Council on 01562 732928 to establish the rates payable. For information on business rates relief go to www.gov.uk or www.wyreferestdc.gov.uk

Energy Performance Certificate EPC for 45 Load Street is rated a C.

EPC for 46 Load Street is rated a D.

EPC for Flat One, 45 Load Street is E.

EPC for Flat Two, 45 Load Street is D.

V.A.T Payable V.A.T. will not be charged on the purchase price

Tenure & Possession The property is freehold subject to a sitting tenant in the commercial premises and flat two. Current rental income for the commercial premises is £12,000 per annum and the lease is due to expire 2nd December 2023. Flat one achieves £695pcm on an Assured Shorthold Tenancy. and Flat two achieves £788pcm on a rolling contract.

Services Mains water, electricity, and drainage are connected. We have not tested any apparatus, fixtures, fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose. Prospective tenants are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate.

Fixtures & Fittings Any fixtures and fittings not mentioned in these sale particulars are excluded from the sale.

Viewing By prior appointment with Doolittle & Dalley 01562 821600.

Council Tax Band Council Tax Band For Flat one A

Council Tax Band For Flat two A

Reference: jea.lb.13.06.2023

Money Laundering Regulations 2003 We are governed by the Anti-money Laundering Legislation and are obliged to report any knowledge or suspicion of money laundering to the National Criminal Intelligence Service. Therefore if you purchase this property you will be required to produce photographic identification and a utility bill for your current address in accordance with this Act. Without identification a sale cannot proceed.

Valuation Advice for Prospective Purchasers If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.

Misrepresentations Act Messrs. Doolittle & Dalley for themselves and for the vendors/lessors of this property whose agents they are, give notice that:- 1.These particulars do not constitute, or constitute any part, of an offer or a contract. 2.All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Doolittle & Dalley or the vendor. 3.None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4.Any intending purchaser must satisfy him/herself by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. 5.The vendor does not make or give and neither Messrs. Doolittle & Dalley or any person in their employ has any authority to make or give any representation or warranty whatever in relation to this property.

Special Note The Agents hereby inform prospective purchasers that this property is being sold on behalf of a relative of a member of staff at Doolittle & Dalley LLP who has a personal interest as defined by the Estate Agents Act 1979.

01562 821600

Doolittle & Dalley

Estate House Proud Cross Ringway, Kidderminster, Worcestershire

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