£10,000 pa

Retail premises to let

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£10,000 pa

(£5.61/sq. ft. pa)

Retail premises to let

Former Bank Premises, 39-41 High Street, Wem, Shropshire SY4

1,783 sq. ft

Local area information

Property location

Nearby amenities

  • St Peter's CofE Primary School 0.3 miles
  • The Thomas Adams School, Wem 0.3 miles
  • Wem 0.3 miles
  • Yorton 3.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Sales area, offices, storerooms and WC's
  • Rear access and 2 parking spaces
  • Town centre High Street location
The property comprises the former National Westminster Bank premises, which occupies the ground floor of an early 19th century traditional red brick building. The three-storey building is Grade II listed and offers attractive retail/office space on the ground floor with on site car parking. The accommodation is adaptable and versatile, suitable for a number of different uses subject to planning permission.
The main pedestrian access to the property is via the High Street, leading into a sales area, which incorporates offices and storerooms off, with a staff room and separate male and female WC facilities. There is also additional storage space at basement level.
Outside, to the rear of the building is a vehicular access leading to 2 demised car parking spaces within a secure car park with gated access. There is also a pedestrian access.

Location
Wem is a North Shropshire market town with a population of approximately 6,100 (2015 estimate) and serves the surrounding rural area. Shrewsbury is located approximately 11 miles to the south and Whitchurch is 9 miles to the north. The A49 Shrewsbury to Whitchurch trunk road is a approximately 3 miles distant.
Wem town has the benefit of a local railway station, which is on the Shrewsbury to Crewe line with a good connection to Manchester.
The property itself is located in the conservation area of Wem fronting onto the busy High Street, which is the principal street through the town centre. There is also an access from Chapel Street to the car park and rear of the property.

Planning
We understand the property has planning permission for uses within Class E of the Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.

Tenure
Leasehold: The property is available to let based on a new full repairing and insuring lease for a term of 3 years, or multiples thereof, with rent reviews at 3 yearly intervals (dependent on length of lease).

Local Authority
Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, SY2 6nd - Tel: Rateable value
According to the Valuation Office Agency website the rateable value of the property in the 2023 rating list is £10,750.

Energy Performance Certificate
The property has an Energy Rating of C(66).

More information

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  1. Zoopla
  2. Commercial to let
  3. Shropshire
  4. Shrewsbury
  5. Wem
  6. High Street

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