Latimers. 4 Market Place, Shifnal. TF11 9AZ

FREEHOLD SALE - A RARE BUSINESS OPPORTUNITY, WITH INVESTMENT INCOME
To acquire An imposing Three storey Grade II Listed Building of charm and character incorporating Latimer's a popular established 45 Cover Ground Floor Restaurant, Wine Bar, Bistro and Cocktail Bar offering a variety of quality foods and beverages rated in the top 10 of 1,156 restaurants in Shropshire on Trip Advisor. Three Self Contained Apartments (all fully let) sit above the restaurant, and Two Storey former office accommodation (currently utilised for storage but ideal for reinstatement or conversion) is also included together with further storage areas being a bottle store, cellar and beer chiller room within the basement. An enclosed courtyard sits to the rear of the property. The building occupies a prominent position in the heart of Shifnal Town Centre close to all of the amenities and opposite the railway station with regular services running to Shrewsbury and the West Midlands. The restaurant is also ideally situated within easy reach of the M54 and commuter links to Wolverhampton, Birmingham and beyond. This delightful Shropshire town is expanding rapidly, with new homes currently being built and Shifnal has recently undergone a new town centre development scheme.
A Mixed Use Property Class A1, A2, A3, A4, A5


EPC On Request

APARTMENTS
All tenants on a six-month rolling contract
Flat 1 455 pounds pcm (From 16/03/21)
Flat 2 496 pounds pcm (From 18/10/19)
Flat 3 539 pounds pcm (From 21/10/17)
Current Income 1,490 pounds per month, equating to 17,880 pounds per annum.

FORMER OFFICES
Included within the sale and provide two-storey ancillary accommodation. There is excellent scope to return them to office use, thus generating additional income, or convert to further residential accommodation.

FIXTURES AND FITTINGS
To be included in the sale.

LEGAL COSTS
Each party to be responsible for their own legal costs that may be incurred in this transaction. VAT - All prices quoted exclusive of VAT

TENURE
Freehold, subject to the existing tenancies.
(the particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers should not rely on them a statements or representations of fact but should satisfy themselves by inspection or otherwise as to the correctness of each of them.
SELF CONTAINED APARTMENT ACCOMMODATION

FIRST FLOOR APARTMENT ONE
Private Entrance and Hallway
Lounge
Fully Fitted Kitchen
Bathroom with Bath and Shower
Airing Cupboard
Bedroom
Walk-in Storage Cupboard
Modern Electric Heating

FIRST FLOOR APARTMENT TWO
Private Entrance and Hallway
Spacious Lounge with large bay window
Fully Fitted Kitchen
Good Sized Bathroom with Bath and Shower
Airing Cupboard
Substantial Master Bedroom
Walk-in Storage Cupboard
Modern Electric Heating

SECOND FLOOR APARTMENT THREE
Private Entrance and Hallway
Lounge
Fully Fitted Kitchen
Bathroom with Bath and Shower
Airing Cupboard
Very Spacious Master Bedroom
Second Bedroom
Modern Electric Heating

EPC: E RATING FOR ALL THREE APARTMENTS