Commercial Property
False
The property is located adjacent to the River Severn and close to the popular Stourport Canal Basin.
The Stourport Canal Basin is a conservation area which has undergone considerable investment, conversion and redevelopment in recent years, and is central to this popular tourist Georgian canal town.
Stourport on Severn lies approximately 12 miles from Worcester and 5 miles from Birmingham. Access to the motorway network is via junctions 4 or 5 of the M5 motorway both lying approximately 10 miles distant.
The property is considered to occupy an excellent location for its current use throughout the year.
The property comprises an attractive two storey character building of brick construction surmounted by a slate roof, and currently used as a Tea Room and Bistro.
On the ground floor is a well presented open-plan dining area with approximately 42 covers and having a well equipped kitchen and male, female and disabled WC's.
On the first floor is further dining area of great character having approximately 30 covers and a preparation and washing area and further customer WC.
Outside there is an attractive walled garden area with seating for approximately 30 covers.
Commercial Investment
An Attractive Riverside Two Storey Commercial Unit
Business Unaffected
We understand that the property is Freehold subject to a Lease to Stourport Forward Limited for a term of 40 years with effect from the 3rd April 2009 expiring on the 2nd April 2049 at a peppercorn rent.
Full details in respect of tenure and a copy of the Lease will be available for inspection within the legal pack.
We understand that VAT will be chargeable upon this transaction.
Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.
