Gibsons New Street

Gibsons, New Street, Oswestry, Shropshire, SY11 1PY

  • Bedrooms: 0
  • Bathrooms: 0
  • Receptions: 0
  • Parking Spaces: 0

Guide Price £800,000

A Substantial Block of Property Occupying a Town Centre Location in Oswestry, Shropshire, SY11 1PY.

To include:

Gibsons Night Club, New Street.

Kirkhams Sewing Shop, Willow Street.

2 Residential Units.

Building with Planning for 2 Residential Units.

Access off Willow Street to Parking.

Particulars of Sale:

Gibsons:

Currently operating as a successful Nightclub and let on a 3 year lease for £60,000 per annum exclusive.

The nightclub has 2 floors with a floor area of 420 sq.mts. with attractive first floor balcony area.

26 Willow Street:

A retail shop currently let ot Kirkhams Sewing with residential units above and to the rear producing an annual rent of £20,000.

Building and Parking:

At the rear of No. 26 Planning Consent granted for the conversion of an outbuilding to 2 residential units plus parking.

The sale of these properties as a whole presents an opportunity for investment or development on a large site in a superb town centre location.

EXPRESSIONS OF INTEREST ARE INVITED WITH A GUIDE: £800,000 FOR THE WHOLE SUBJECT TO CONTRACT.

Remarks & Stipulations:

Location:

In a much sought after and convenient town centre location next to Wilko’s and adjacent to Wetherspoons the property is shown edged red on the plan below, the use of which is limited to identification

Outgoings:

Gibsons: £32,000 Rateable Value.
Kirkhams: £5,200 Rateable Value.


Services:

Mains services are connected but have not been tested by the agents.

Measurements:

All measurements are for guidance only.

Local Authority:

Shropshire Council, Po Box 4749, Shrewsbury, Shropshire, SYI 9GH. Tel: 03456789002.

Viewing:

Strictly by appointment with the agent.

Solicitors:

GHP legal, 37/39 Willow Street, Oswestry, Shropshire, SY11 1AQ. Richard Lloyd, acting. Tel: 01691 65994.

No Property Floor Plans available

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