Cartway,
Bridgnorth,
Shropshire, WV16 4BG
Offers in the Region Of £375,000

Three superbly presented, characterful, music themed, riverside letting apartments at the heart of Bridgnorth's tourist attractions, offering tremendous investment potential in an area popular for both its historic attractions and its nightlife.

Riverside Studios is named after the former music studios in Hammersmith, alongside the River Thames, where the BBC's Top of The Pops used to be filmed. Just as aptly named here in Bridgnorth the Riverside Studios have views across the River Severn from a position alongside the main bridge access to the town, the bright first and second floor apartments are dual aspect, filled with natural light and feature both views of the river and of historic Cartway an ancient route, lined with period cottages, for donkeys hauling goods from the quayside up into the town. The bustling market town of Bridgnorth, scene of a siege by parliamentarian forces during the English Civil War, has a number of tourist attractions that bring a regular year round influx of tourists, these include the Severn Valley Railway, the Castle and Castle Walk, Lavington's Hole, Pan Pudding Hill and picturesque streets of lime washed or black and white cottages many of which are listed. The town also plays annual host to the English Haydn Festival, again a strong draw for visitors to the town, which is held in St. Mary's Church built by the 18th Century Engineer Thomas Telford in 1792. The River Severn is also a big in season attraction for anglers who are often involved in competitions along the river banks. There is a big demand for accommodation in the town and Riverside Studios are strategically placed to cater both for tourists and night time visitors frequenting the towns bars, restaurants and traditional hostelries..

Our client operates the studios on their own and therefore confines the occupancy to weekend bookings only, tremendous potential exists to increase business dramatically with mid week occupancy. Beautifully presented, the apartments offer a turnkey opportunity with potential income from day one and as such there is no need for costly refurbishment voids. Current room rates are from £130 to £180 per night.

The ground floor "Terrace" apartment, off the entrance lobby, features a double bedroom with Cartway views, a well equipped kitchen, shower room and a living room with characterful fireplace and low lighting for cosy evenings, the "Terrace" takes its name from the living room opening to a dramatic terrace overlooking the River Severn and bridge but also featuring a sheltered hot tub.

On the first floor the one bedroom dual aspect "Bridge" apartment is playfully named after both the bridge over the River Severn, of which there are views, and a guitar bridge. The "Bridge" features a bright natural light filled double bedroom with tiled shower room off.

The "Loft" apartment on the second floor is also dual aspect, natural light filled and the double bedroom has an en-suite shower room.

Each of these beautifully presented apartments are music themed, they each feature a fridge styled as a Marshall amplifier, and collections of various music memorabilia including records, sheet music and instruments.

Tenure
We understand that the property is Freehold

Business Tax
The current business tax is £2,250 per annum

Services
The property has the benefit of all mains services

Viewings
All viewings are to be arranged via the vendors sole agents Nick Tart Estate Agents, Bridgnorth call 01746 711442 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

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Important
We take every care in preparing our sales details. They are carefully checked, however we do not guarantee appliances, alarms, electrical fittings, plumbing, showers, etc. Photographs are a guide and do not represent items included in the sale. Room sizes are approximate. Do not use them to buy carpets or furniture. Floor plans are for guidance only and not to scale. We cannot verify the tenure as we do not have access to the legal title. We cannot guarantee boundaries, rights of way or compliance with local authority planning or building regulation control. You must take advice of your legal representative. Reference to adjoining land uses, i.e. farmland, open fields, etc does not guarantee the continued use in the future. You must make local enquiries and searches.