56 Market St 6,306 SF 100% Leased Retail Building Telford TF1 1DT £400,000 (£63.43/SF)

INVESTMENT HIGHLIGHTS

  • Prominently located property in an area of mixed development in the town centre of Wellington
  • High footfall
  • Good transport links

EXECUTIVE SUMMARY

The property comprises of a part two and part storey attached property. The property is arranged to provide an investment property that has three income producing tenants. The property provides a Total Net Internal Floor Area of approximately 6,306 ft sq (585.85 m sq). The property benefits from a car park with approximately 16 spaces that is accessed from Bridge Street. There is also pedestrian access to the property from Market Street and Bridge Street.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
6,306 SF
Building Class
B
Year Built
1964
Price
£400,000
Price Per SF
£63.43
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.56
Lot Size
0.26 AC
Parking
16 Spaces (2.54 Spaces per 1,000 SF Leased)
Frontage
51 ft on Market St

NEARBY MAJOR RETAILERS

HSBC
Morrisons
Iceland
Heron Foods
Co-op
  • Listing ID: 35360374

  • Date on Market: 03/04/2025

  • Last Updated:

  • Address: 56 Market St, Telford TF1 1DT