Description

For sale by Public Auction at 2.00 pm on 25th September 2025 at the Lion Quays Hotel, Weston Rhyn, Oswestry, SY11 3EN. Auction guide price £150,000 to £175,000. A rare opportunity to purchase a mixed retail and residential investment property comprising of a shop with 2 one bedroom flats, all currently let situated in the centre of the popular town of Oswestry. Total net internal floor area of 178.77 sq.m (1924 sq.ft). Current gross rental income of approximately £14,820 per annum.

General Remarks

Bowen Son and Watson with Kent Jones are delighted with instructions to offer a mixed retail & residential opportunity consisting of a retail premises and two 1 bedroom flats on Upper Church Street in Oswestry. This is an ideal investment with all properties currently being let. This freehold property is a 3 storey with a basement below the ground floor shop demise. The ground floor shop unit is accessed from the corner of the two streets and has a Total Net Internal Sales Area of approximately 407 sq ft (37.8sq m) with a basement below. It is currently let at £400 pcm. The two flats have fully fitted kitchens and bathrooms, accessed via separate gate and door off Brook Street. Both have gas central heating systems. The rents currently paid by each apartment as are follows: Flat 2 Upper Church Street – £435.00 pcm and Flat 4 Upper Church Street – £400.00 pcm.

Location

The property is situated close to the historic centre of Oswestry, within easy walking distance of the towns many shops, restaurants, public houses and other amenities. The renowned Cae Glas Park is adjacent to the property whilst the town is surrounded by picturesque countryside which is easily accessible. A number of renowned public and private schools are also based within the town. Easy access on to the A5/A483 provides direct routes to the towns of Shrewsbury, Wrexham and the City of Chester. The nearby train station at Gobowen provides direct links to Chester and Birmingham.

Accommodation

Each apartment’s accommodation is briefly described as below.

Flat 2 Upper Church Street

The apartment is located on the first floor and is access via a doorway from gate entry.

First floor landing with radiator.

Lounge

13′ 6” x 12′ 10” (4.12m x 3.9m)Electric fire & surround.

Bedroom 1

8′ 4” x 11′ 6” (2.54m x 3.5m)Radiator.

Kitchen

11′ 11” x 10′ 9” (3.62m x 3.27m)Fully fitted kitchen with matching base units and eye level wall cupboards, worktop over and tiled surround. Space for cooking with extractor hood over, and space and plumbing for a washing machine. Radiator.

Bathroom

7′ 2” x 10′ 7” (2.18m x 3.22m)Bathroom suite comprises shower cubical, low level flush WC and pedestal wash hand basin. Door into:

Boiler Cupboard

Housing a Worcester gas fired boiler.

Flat 4 Upper Church Street

Entrance Hall

With stairs to first floor landing with doors off to:

Bathroom

10′ 4” x 6′ 11” (3.14m x 2.1m)Shower cubical with shower, pedestal wash hand basin, low level flush WC and radiator. Door into boiler cupboard which houses a Worcester gas fired boiler and plumbing for a washing machine.

Kitchen

17′ 4” x 9′ 8” (5.28m x 2.94m)Fully fitted kitchen with matching base units and eye level wall cupboards, worktop over and tiled surround. Fitted cupboard and radiator.

Lounge

10′ 11” x 11′ 4” (3.32m x 3.45m)Radiator.

Bedroom 1

13′ 6” x 12′ 8” (4.12m x 3.85m)Fitted storage cupboards. Radiator.

Shop

2 Upper Church Street occupies a prominent position within Oswestry town centre, accessed from the corner of Upper Church Street and Upper Brook Street. Total Net Internal Sales Area of approximately 407sq ft (37.8sq m) with a basement below.

Accommodation

Partly glazed timber door leading to an internal glazed hallway with access into the main shop area.

Retail Area

29′ 8” x 14′ 9” (9.05m x 4.50m)Double fronted display windows, timber effect laminate flooring, 4x radiators. Store cupboard housing gas combi boiler.

Stairs Leading to Basement Area

Basement

16′ 4” x 14′ 9” (4.98m x 4.50m)Kitchen units with stainless steel sink and drainer, radiator. Leading off are two storage rooms:

Store Room 1

13′ 8” x 12′ 6” (4.16m x 3.80m)

Store Room 2

10′ 7” x 9′ 6” (3.22m x 2.90m)

EPC Ratings

Shop – EPC Rating Band ‘D’ (83).
Flat 2 – EPC Rating Band ‘B’ (83).
Flat 4 – EPC Rating Band ‘C’ (79).

Tenure

We are informed that the property is Freehold subject to the tenancies currently in place. The residential flats are let subject to Assured Shorthold Tenancies. The commercial shop has recently been let under the terms of a Business Lease for a term of 5 years. For further details, please contact the Selling Agents.

Buyer’s Premium

Please note that the purchasers are responsible for paying the buyer’s premium on exchange of contracts in addition to the purchase price. This is set at 2.40% including VAT of the sale price subject to a minimum fee of £3,300 incl. VAT.

Solicitors

Robert Mann Solicitor, 16 Salop Road, Oswestry, Shropshire, SY11 2NU.

Council Tax Bands

Both flats are Council Tax Band – ‘A’.

Local Authority

Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, Shropshire. Tel: 0345 6789000.

Directions

From Oswestry town centre proceed out of town along Church Street to the crossroads and go straight over onto Upper Church Street and the property will be found on the right hand side.

Guide Price

Where a guide price is given that price is not to be taken as an indication of the value of the lot or of the reserve price. Pre-auction guide prices are based upon the initial anticipation of the sale price of the property at auction. Prospective purchasers should be aware that guide prices are subject to change and are advised to check any amendments with the Auctioneers prior to the auction. The reserve price for each of the lots may exceed the quoted guide price and eventual guide price.

Reserve Price

The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

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