Hexagon Commercial Property are delighted to offer to the market Smallwood Lodge a part-let Freehold Grade II listed Building in the quaint market town of Newport. The property provides an opportunity for the purchaser to inherit the successful Smallwood Lodge Tearooms business along with ancillary income being produced via a Commercial tenancy.
Location
The property is located in the borough of Telford & Wrekin, Shropshire 6 miles north of Telford at the junction of A41 & A518 which provide easy access for the towns of Chester, Shrewsbury & Stafford. Newport offers a traditional town centre with its distinctive high street, lined with historic buildings and home to a number of independent and major retailers including Waitrose. There is a lack of restaurants in the town, providing a great opportunity to attract footfall. Highly sought-after schools and the UK’s top agricultural university are also nearby.
Accommodation
The property totals approximately 2,085sqft (194m²) and incorporates the following spaces:
Ground Floor: 536sqft (50m²)
First Floor: 957sqft (89m²)
Second Floor: 592sqft (55m²)
Terms
Rates Rateable Value: Ground Floor - £14,250 First Floor - £6,900
Terms We are instructed to seek offers in the region of £500,000 for the Freehold interest.
Specification
- PROMINENT HIGH STREET LOCATION
- 3 HIGH QUALITY GROUND FLOOR TRADING AREAS
- FIRST FLOOR SALON
- PROVIDING RENTAL INCOME SCOPE TO INCREASE TRADING HOURS
- EXCELLENT FRONT GARDEN AREA