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Unit 1 Talbot House, Market Street, Shrewsbury, Shropshire, SY1

From
£5,417 pcm
£65,000 pa

£13.62 per sq. ft.

Business rates & charges may apply

Towler Shaw Roberts, Shrewsbury
SIZE AVAILABLE
4,774 sq. ft.
(444 sq. m.)
SECTOR
Restaurant to lease

Lease details

Lease type:
Long term

Key features

  • Fully-Fitted Restaurant Opportunity
  • Extending in total to approx. 4,774 sqft (443.55 sqm)
  • Contemporary style accommodation
  • attractive glazed frontages
  • large open plan seating area
  • separate kitchen and ancillary customer and staff welfare areas
  • Prime town centre location just off the main Square
  • Available To Let for immediate occupation
  • Rent: from £65,000 per annum exclusive of VAT

Property description

The property occupies a prominent position within one of Shrewsbury's well established town centre retailing locations just off the main Square, set amongst a host of national and independent traders including: Fat Face, Jigsaw, Seasalt, Starbucks and Côte Brasserie whilst neighbouring the Shrewsbury Museum & Art Gallery.

Shrewsbury is the County Town and administrative centre of Shropshire, strategically located at the intersection of the main A49 and A5 trunk road approximately 55 miles north west of Birmingham, 18 miles west of Telford and 40 miles south of Chester.

DESCRIPTION

The premises were formerly used as a restaurant and are currently fitted out for this purpose providing a large open plan seating area with separate kitchen and ancillary customer and staff welfare areas.

The contemporary style accommodation extends in total to approx. 4,774 sqft (443.55 sqm) having attractive glazed frontages to both Market Street and Swan Hill.

The premises lends itself suitable as a restaurant purposes or for alternative retail uses. Benefitting from its excellent location just off the main Square.

A Premium of £30,000 plus VAT is sought for all the fixtures, fittings and kitchen equipment (excluding the Mechanical and Extraction Installation).

Rent: £65,000 per annum exclusive of VAT with a fixed increase to £70,000 per annum exclusive after two years and a minimum increase to £75,000 per annum exclusive at the first rent review.

A letting of Units 1 & 2 is also available at an initial rent of £90,000 per annum rising after two years to £100,000 per annum.

Brochures

Unit 1 Talbot House, Market Street, Shrewsbury, Shropshire, SY1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shrewsbury Station0.4 miles

About Towler Shaw Roberts, Shrewsbury

Brassey Road, Shrewsbury, SY3 7FA

Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR’s in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.

As a progressive and proactive firm, we offer a holistic range of services

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Notes

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Disclaimer - Property reference SY21274. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Towler Shaw Roberts, Shrewsbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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