17 Market Sq | Telford TF1 1BU
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17 Market Sq
Telford TF1 1BU
Retail Property For Sale
Investment Highlights
- Attractive retail investment opportunity in town centre location
- Trading as successful tapas bar and restaurant, 'The Orange House
- Three-storey, Grade II listed building extending to 2,135 sq ft (195.50 sq m)
- Current rental income of £12,000 per annum
Executive Summary
The property comprises a mid-terraced, three-storey commercial building, which is currently occupied by 'The Orange House' as a popular tapas restaurant and bar. The Grade II listed building was constructed in circa 1840 of solid red brick construction with stuccoed dresses and surmounted by a pitched roof with parapet surround. The accommodation is arranged over three floors with a glazed shop frontage at ground floor level overlooking the pedestrianised Market Square. It offers an open plan dining area with bar and service counter, together with kitchen/preparatory area to the rear. There is an additional dining area and and toilet facilities on the first floor, together with ancillary space on the second floor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
2,136 SF
Building Class
B
Year Built
1840
Price
£200,000
Price Per SF
£94
Tenancy
Single
Number of Floors
3
Building FAR
0.98
Lot Size
0.05 AC
Frontage
15 ft on Market Square
Amenities
- EPC - C
- Storage Space
1 of 6
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