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For Sale by Auction on 25th April 2024, Freehold Former Bank Premises, 8 Market Street, Tamworth, Fazeley, B79 7LS

3,351 Sq Ft / Retail / General Retail

Sold - Last updated: 27 April 2024

For Sale by Auction on 25th April 2024

A mid -terraced two storey building of traditional construction totalling approximately 346.43 sq m (3,728 sq ft). The building is arranged as a ground floor former banking hall with ancillary accommodation and additional ancillary accommodation at first floor level. Externally there is a large garden area to the rear. The building may lend itself to alternative uses, subject to obtaining the necessary consents.

Location

The market town of Tamworth lies approximateoy 20 miles north east of Birmingham and 20 miles north west of Coventry. The toen benefits from good road communications with the A5 linking with the A38 and the M42 motorway at junction 10 approximately 4 miles to the south east. The M6 Toll lies approximately 6 miles to the west. Tamworth railway station provides regional rail services and serves an interchange to the West Coast Mainline and Cross County Route. Additionally numerous bus routes serve the area and Birmingham Airport lies approximately 16 miles to the south.

Market Street is pedestrianised and is one of the main retail thoroughfares in the town centre with the property lying on its north side near its junction with King Street. Notable nearby occupiers include Nationwide, HSBC, Home Bargains, Lloyds Bank and Holland & Barrett.

Tamworth is seeing significant investment from the the local council with a number pof projects being delivered including the relocation of Tamworth College and a New Enterprise Centre on the site of the former Co-Op department store

Accommodation

Ground Floor Retail - 130.93 sq m (1,409 sq ft)

Ground Floor Ancillary - 158.30 sq m (1,703 sq ft)

First Floor Ancillary - 57.20 sq m (615 sq ft)

Total - 346.43 sq m (3,728 sq ft)

Terms

Tenure - Freehold

Guide Price - £XXX

EPC - Rating 53 Band C

Specification

  • This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than five working days from the bidding closing time 
  • By order of National Westminster Group
  • Freehold former bank premises totalling approximately 311.40 sq m (3,351 sq ft)
  • Town centre location
  • Alternative use potential (subject to consents)
  • Vacant possession
  • BLOCK VIEWING DATES - 11AM TUESDAY 16TH AND 23RD APRIL


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