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Offers in Excess of £250,000Freehold

Rose Cottages and the Boring Mill, Dale Road, Coalbrookdale, Telford TF8 7DL

  • A rare opportunity to acquire a significant mixed residential/commercial investment development opportunity
  • Prominent mixed residential/commercial investment
  • Subject to existing tenancies
  • Located in historical village of Coalbrookdale
  • freehold

The subject properties are prominently located fronting onto Dale Road, in the heart of Coalbrookdale.

Ironbridge is situated on the River Severn at the heart of Ironbridge Gorge in Shropshire. It lies in the civil parish of the Gorge, in the borough of Telford and Wrekin.

Ironbridge is within the world famous UNESC World Heritage Site of the Ironbridge Gorge and approximately 5 miles from Telford town centre and Junction 5 of the M54 motorway. Shrewsbury, the county town of Shrewsbury is 14 miles away.The property comprises, two period cottages of part timber framed, part brick built construction under a pitched tiled roof, along with a commercial premises of brick elevations under a pitched tiled roof at the rear of the site.

Rose Cottage North is currently occupied via an (AST) Assured Shorthold Tenancy, under Part I of the Housing Act 1988 with a current rental income of £460 (Four hundred and sixty pounds) per month.
The Cottage offers ground floor accommodation comprising: sitting room, bathroom, kitchen, reception room and store. First floor accommodation comprises a double bedroom.

Rose cottage South is currently vacant and will be sold with vacant possession on completion.
The Cottage offers ground floor accommodation comprising: sitting room, kitchen and store. First floor accommodation comprises two double bedrooms and bathroom.

The Boring Mill is subject to a Full Repairing and Insuring lease for a term of 3 years from 20th December 2014 at a rent of £1,440 (One thousand four hundred and forty pounds) per annum.
The property comprises ground and first floor storage accommodation extending Total Gross Internal Floor Area to 1,381 sq ft (128.3 m sq).

The properties sit on a site extending to approximately 0.0535 acres (0.0217 ha).

Prospective purchasers are to make their own enquiries
The properties are understood to be Grade II* Listed. This building is listed under the Planning (Listed Buildings and Conservation Areas) Act 1990 as amended for its special architectural or historic interest.

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