LOCATION

The historic market town of Wellington is 3 miles north-west of Telford and 12 miles east of Shrewsbury.

INVESTMENT FOR SALE RENT

£20,000 pa

RATES

Rateable Value £35,750

PURCHASE PRICE

£220,000 (VAT not applicable)

GROSS YIELD

9%

LEGAL COSTS

Each party to pay their own legal costs

VIEWING

Strictly through landlords agents, please contact 01572 822791 for further information.

ACCOMMODATION

Ground Floor Retail Sales Area 1840 ft2

Ground Floor Ancillary 1st Floor

TENANCY

355 ft2 1096 ft2

The Property is let on a lease to TSB Bank PLC from 12th September 2023 to 11th September 2033 at a rent of £20,000. The lease is subject to tenant only break options on 12th September 2028 and 12th September 2030.