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47 High St

1,406 SF Retail Building Wem SY4 5DG $532,833 CAD ($379 CAD/SF)

Investment Highlights

  • 2 shop / office frontages
  • Additional 3 bedroom apartment
  • Plenty of extra retail / office space
  • Roof garden

Executive Summary

A great investment property with good yield Tudor House is located on the main thoroughfare in Wem and comprises two separate retail/office premises on the ground floor each with their own frontage and separate entrances with kitchen and WC facilities now currently let on a 3 year lease ending November 2024 with a break clause after year 1 achieving an annual rental figure of £12,000 and a 3 bedroom apartment which is currently let on an Assured Shorthold Tenancy achieving a rental figure of £675pcm.

The apartment is situated on the first and second floors and consists of a large living room; fully fitted, modern kitchen and the smaller of the bedrooms on the first floor which has a large en suite bathroom. Access from the first floor to the roof terrace is a great space for outside entertaining.
Situated on the second floor leading from the spacious landing area are two further double bedrooms and family bathroom with bath, separate shower cubicle, WC and wash hand basin. There is also a very useful large, boarded under-eaves storage area.

Attachments

Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
1,406 SF
Building Class
B
Year Built
1900
Price
$532,833 CAD
Price Per SF
$379 CAD
Tenancy
Single
Building Height
3 Stories
Parking
2 Spaces (1.42 Spaces per 1,000 SF Leased)
Frontage
18 ft on High Street

Amenities

  • Energy Performance Rating - C
  • Listing ID: 8512797

  • Date on Market: 2015-08-08

  • Last Updated:

  • Address: 47 High St, Wem SY4 5DG

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