178 Watling Street, Wilnecote, Tamworth, Staffordshire

Guide Price £425,000

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Key Features

  • Retail with workshop at ground level
  • 2 residential flats
  • 1 bed and 2 bed flats ready to rent
  • Development potential
  • Total site 0.37 acres
  • Various outbuildings
  • Secure yard compound

Description

Location

The property is located in the centre of Wilnecote on Watling Street. It is ideally located with good road frontage and close to local amenities. It also has easy access to the A5 and M42 being only 1.4 miles away.

Accommodation

The site is a mixed use site, with potential to develop and increase rental income.



Currently on site there is:



Retail accommodation

To the front of the site there is a retail area, approximately 69.8 sq m / 751 sq ft.



Workshop

From the rear of the shop, there is a large workshop area that could be rented separately to the shop, or could be utilized by a retail user. This could also be refurbished and converted into office or residential space (subject to planning).



The rear workshop is approximately 117.7 sq m / 1,267 sq ft.



Residential

Accessed from an external staircase at the rear of the property, there is a small site office, and two residential apartments. There is a 1 bed and a 2 bed apartment. These could benefit from some modernisation but would easily rent out.



Office: 6.1 sq m / 65 sq ft



Flat 1: 58.8 sq m / 633 sq ft

Flat 2: 40.1 sq m / 432 sq ft



Garages

To the rear of the property there are 4 garage units, each 2.4m by 6.22m. These are currently vacant, but would easily rent out.



There is ample parking in front of the garages as well for the shop and flats to utilize.



Rear units and compound

To the rear of the property, there is a range of outbuildings and a compound.



The main building is brick built with a monopitch asbestos clad roof.

5.8m x 12.2m = 70.8 sq m / 762 sq ft



There are various other timber units in generally poor condition.



Telecoms mast

There is a telecoms mast to the rear of the site. Please contact agent for further information.



Total Site is 0.37 acres.

Price

Guide Price

£460,000

Planning

We understand the property will benefit from retail, residential and commercial planning consents. Interested parties should make their own enquiries as to the suitability of the site for their requirements.



The Local Planning Authority is Tamworth Borough Council - 01827 709709



Access

There are two access points to the site; one via a drive to the side of the property from Watling Street and one via an access road from Wilnecote Lane.

Tenure

The property is for sale Freehold with vacant possession.

Services

We understand there is mains water, electricity and drainage to the site. Purchasers are to make their own enquiries into connectivity.

Outgoings/Rates

The current rateable value for the premises is £9,300.



The two flats are both council tax band A.



EPC

Energy Rating G



VAT

TBC

Viewings

Please contact Tori Whinder on 01530 877977 (option 3) or 01827 721380 or tori.whinder@howkinsandharrison.co.uk to arrange a viewing.