£310,000

Retail premises for sale

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Leasehold

Offers in region of

£310,000

(£236.64/sq. ft)

Retail premises for sale

Castle Street, Shrewsbury SY1

1,310 sq. ft

Local area information

Property location

Nearby amenities

  • Shrewsbury 0.2 miles
  • St Winefride's Convent School 0.3 miles
  • Shrewsbury High School 0.4 miles
  • Yorton 6.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Shrewsbury to find out more about the local area.

Features and description

  • Leasehold
Key Points

  • Prominently located in Shrewsbury town centre fronting onto Castle Street
  • Total Net Internal Floor Area 1,310 ft sq (121.69 m sq)
  • Ground floor lock up shop unit with basement
  • Suitable for a variety of uses

  • Description

    The property comprises of a prominently located ground lock up shop unit with a basement area that forms part of a Grade 2 three storey property. The property provides a Total Net Internal Floor Area of approximately 1,310 ft sq (121.69 m sq) with a toilet and welfare facilities. The property is of traditional construction and has a fully glazed shop front.
    The property would lend itself to a variety of commercial uses subject to statutory consents.

    Location

    The property is prominently located fronting onto Castle Street in the town centre of Shrewsbury. Castle Street serves as one of the main vehicular routes serving the town centre of Shrewsbury. Castle Street serves as one of the main retail streets and the surrounding occupiers include Dutch Living Outlet, Inocencia, Dough and Oil and Plan Burrito. The property is located within proximity of the town’s railway station and bus station.
    Shrewsbury is the County Town of Shropshire and has a significant catchment population as well as acting as an administrative and tourist centre. The town is sat on the River Severn and had a population of 76,782 at the 2021 census.
    The town is located approximately 48 miles west of the City of Birmingham and approximately 40 miles south of the City of Chester. There is access to the national road network via the A5 (M54 link road).

    Viewings

    Strictly by prior arrangement with the agents.

    Terms

    The property is offered for sale with vacant possession on a 999-year lease at peppercorn with the purchaser having a 25% ownership of the freehold interest. Further details are available from the selling agents upon request.
    The property is alternatively offered to let on a new lease for a length of term by negotiation on Tenants Full Repairing and Insuring terms with rent reviews at 3 yearly intervals.

    Legal Costs

    The incoming tenant is to be liable for the landlords legal costs incurred in respect of the granting of the lease.
    Each party is to be responsible for their own legal costs in respect of the sale of the property.

    Local Authority

    Shropshire Council
    Shirehall
    Abbey Foregate
    Shrewsbury
    SY2 6nd

    Planning

    Prospective tenants and purchasers should make their own enquiries.
    The property is understood to benefit from planning consent for Use Class E of the Town and Country Use Classes Order.
    The property would lend itself to a variety of commercial uses, subject to statutory consents.
    The property is understood to be Grade 2 listed.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Halls Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Halls Commercial for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Shropshire
    4. Shrewsbury
    5. Castle Street