Property photos
£200,000
(£93.63/sq. ft)
Retail premises for sale
17 Market Square, Wellington, Telford, Shropshire TF12,136 sq. ft
Local area information
Property location
Nearby amenities
- Wellington (Shropshire) 0.1 miles
- Wrekin College 0.3 miles
- St Patrick's Catholic Primary School 0.4 miles
- Oakengates 2.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Grade II listed building 2,135 sq ft
- Occupied by 'The Orange House'
- Rental income of £12,000 pa
The property comprises a mid-terraced, three-storey commercial building, which is currently occupied by 'The Orange House' as a popular tapas restaurant and bar.
The Grade II listed building was constructed in circa 1840 of solid red brick construction with stuccoed dresses and surmounted by a pitched roof with parapet surround.
The accommodation is arranged over three floors with a glazed shop frontage at ground floor level overlooking the pedestrianised Market Square. It offers an open plan dining area with bar and service counter, together with kitchens/preparatory area to the rear. There is an additional dining area and and toilet facilities on the first floor, together with ancillary space on the second floor.
Location
The property is located in the historic market town of Wellington approximately 5 miles from the commercial centre of Telford via the M54 motorway and within 13 miles of the county town of Shrewsbury.
The property itself occupies a prominent position on Market Square within the central business district of the town, which offers both convenience and destination shopping, complemented by a thriving indoor market. The Square has a pedestrianized retail core, which is home to a variety of retail users including Greggs and Timpsons, and enjoys excellent passing trade. The subject property immediately adjoins the Severn Hospice.
Significant regeneration has taken place in the Walker Street area of Wellington in recent years as part of the Local Authority initiative, including the development of Wellington Town Council's administrative headquarters.
Planning
We understand the property has planning permission for Class E of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Tenure
Freehold Investment: The property is available to purchase freehold with the benefit of the existing tenancy to The Orange House.
Local Authority
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:
Rateable value
According to the Valuation Office Agency website the rateable value of the property in the 2023 rating list is £19,000.
Energy Performance Certificate
The property has an Energy Rating of c-75.
The Grade II listed building was constructed in circa 1840 of solid red brick construction with stuccoed dresses and surmounted by a pitched roof with parapet surround.
The accommodation is arranged over three floors with a glazed shop frontage at ground floor level overlooking the pedestrianised Market Square. It offers an open plan dining area with bar and service counter, together with kitchens/preparatory area to the rear. There is an additional dining area and and toilet facilities on the first floor, together with ancillary space on the second floor.
Location
The property is located in the historic market town of Wellington approximately 5 miles from the commercial centre of Telford via the M54 motorway and within 13 miles of the county town of Shrewsbury.
The property itself occupies a prominent position on Market Square within the central business district of the town, which offers both convenience and destination shopping, complemented by a thriving indoor market. The Square has a pedestrianized retail core, which is home to a variety of retail users including Greggs and Timpsons, and enjoys excellent passing trade. The subject property immediately adjoins the Severn Hospice.
Significant regeneration has taken place in the Walker Street area of Wellington in recent years as part of the Local Authority initiative, including the development of Wellington Town Council's administrative headquarters.
Planning
We understand the property has planning permission for Class E of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Tenure
Freehold Investment: The property is available to purchase freehold with the benefit of the existing tenancy to The Orange House.
Local Authority
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:
Rateable value
According to the Valuation Office Agency website the rateable value of the property in the 2023 rating list is £19,000.
Energy Performance Certificate
The property has an Energy Rating of c-75.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
More information
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Listed by
Andrew Dixon and Co
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