Waterloo Terrace, Bridgnorth, Shropshire, WV16

INVESTMENT PROPERTY FOR SALE. Situated in a prominent position within the picturesque and historic market town of Bridgnorth, Shropshire. Freehold interest with strong existing rental income with the ground floor and Basement commercial units let to long-standing, reputable local businesses.
The property enjoys high visibility and footfall in a bustling commercial area surrounded by a mix of national and independent retailers, cafés, and services. Bridgnorth is a thriving historic market town split between High Town and Low Town, offering excellent amenities, schools, and strong transport connections to Shrewsbury, Telford, Wolverhampton, and the wider West Midlands.
Grade II Listed building, situated in a Conservation area, the premises comprise of two lock-up shops (Businesses unaffected) with three flats above. Fully let and producing a gross annual income of £32,380, giving a gross yield of 10.79% before costs.

Commercial Premises Basement Shop
'Mothers Goodies' 6 year lease term from and including 1st October 2023. Current rental income of £7,500 per annum. The premises comprise of: Unique basement shop with two entrances, three store areas with access to The Cartway and w.c. Rateable value TBC. Approximate net internal area 53.61 square metre/ 576.84 square feet.

Commercial Premises 1 Waterloo Terrace
'Ye Old Terrace Sweet Shop' 6 year lease term from and including 23rd April 2023. Current rental income of £7,000 per annum. The premises comprise of: Shop front, rear stockroom with kitchenette. Current rateable value (1 April 2023 to present) £5,900. Approximate net internal area 30.54 square metre/ 328.61 square feet.

The Maisonette Flat
First floor flat. The accommodation comprises of: Entrance hall with stairs leading to the second floor, lounge diner, and kitchen. To the second floor is the bedroom and bathroom. Currently let on assured shorthold tenancy with a current rental income of £490 per month. Approximate net internal area 45.08 square metre/ 485.06 square feet.

Flat 1, 1 Waterloo Terrace
First floor flat. The accommodation comprises of: Entrance hall, lounge diner, and kitchen. Bedroom and shower. Currently let on assured shorthold tenancy with a current rental income of £515 per month. Approximate net internal area 35.5 square metre/ 381.98 square feet.

Flat 2, 1 Waterloo Terrace
Second floor flat. The accommodation comprises of: Entrance hall with stairs leading to the second floor, open plan lounge kitchen. Bedroom and bathroom. Currently let on assured shorthold tenancy with a current rental income of £485 per month. Approximate net internal area 36 square metre/ 387.36 square feet.

Communal Areas
Communal entrance door to the flats leading to an outside yard. 1 Waterloo Terrace commercial premises also have a fire exit into the commercial premises.

Energy Performance Certificate
EPC rating for the commercial premises 1 Waterloo Terrace 'Ye Old Terrace Sweet Shop' is C EPC rating for the commercial premises The Basement Shop 'Mothers Goodies' is B EPC rating for The Maisonette is E EPC rating for Flat 1 is D EPC rating for Flat 2 is E

V.A.T Payable
V.A.T. will not be charged on the purchase price.

Tenure Possession
The property is freehold and subject to two leases in the commercial premises and assured shorthold tenancies for the three flats.

Services
Mains water, gas, electricity, and drainage are connected. We have not tested any apparatus, fixtures, fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose. Prospective tenants are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate.

Fixtures Fittings
Any fixtures and fittings not mentioned in these sale particulars are excluded from the sale.

Viewing
By prior appointment with Doolittle & Dalley 01562 821600.

Council Tax Band
Flat 1 council tax band 'A' as at 26.09.2025. Flat 2 council tax band 'A' as at 26.09.2025. The Maisonette council tax band 'A' as at 26.09.2025.

Reference: RDH.LB.24.09.2025


Anti-Money Laundering Regulations
In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the successful purchaser will be required to provide satisfactory evidence of identity and the source of funds before the sale can proceed. This is a legal requirement. A charge of £45 (inclusive of VAT) will be payable by each buyer (and anyone providing a gifted deposit) to cover the cost of undertaking these anti-money laundering checks.

Valuation Advice for Prospective Purchasers
If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.

Misrepresentations Act
Messrs. Doolittle & Dalley for themselves and for the vendors/lessors of this property whose agents they are, give notice that:- 1.These particulars do not constitute, or constitute any part, of an offer or a contract. 2.All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Doolittle & Dalley or the vendor. 3.None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4.Any intending purchaser must satisfy him/herself by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. 5.The vendor does not make or give and neither Messrs. Doolittle & Dalley or any person in their employ has any authority to make or give any representation or warranty whatever in relation to this property.