11 Fish Street, Shrewsbury, Shropshire, SY1
£275.47 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
962 sq ft
89 sq m
- SECTOR
High street retail property for sale
Key features
- Attractive 4 storey Grade II Listed retail investment property
- Extending in total to approx. 962 sqft (89.33 sqm).
- Tastefully renovated whilst retaining many original features
- Versatile accommodation
- Currently let at a rent of £15,000 per annum
- OIRO £265,000 invited for the freehold interest subject to the existing tenancy
Description
The property was extensively and tastefully renovated by the current owner in 2018 retaining many of its original features including exposed oak frame timber beams, inglenook fireplace with cast iron range, boarded floors, timber panelling and sash windows.
A number of modern fittings have also been installed including LED spot lights, security alarm, video monitoring and recording system, electric panel heaters, telephone and data connection points, fire and smoke alarm system (incl. Redcare cover) and fitted stainless steel units to lower ground floor kitchen area.
The property occupies a convenient location at the corner of Fish Street and Grope Lane, which leads directly to the main High Street within the heart of Shrewsbury Town Centre.
The main High Street boasts a wide range of national and independent retailers with Costa Coffee, Jones the Bootmakers and White Stuff within close proximity together with a number of boutique retail outlets, the Prince Rupert Hotel and the main retail area of Pride Hill only a short distance away.
Shrewsbury is the historic County Town and main administrative centre of Shropshire strategically located at the intersection of the main A5 and A49 trunk roads approximately 12 miles west of Telford, 45 miles North West of Birmingham and 45 miles south of Chester.
The property is let and occupied by Messrs S Ursache and D Mincu on a lease for a term of 6 years from 12th October 2020 at a passing rent of £15,000 per annum payable monthly in advance.
The property is available For Sale inviting offers in the region of £265,000 for the freehold interest subject to and with the benefit of the existing lease.
A purchase at this level reflects a gross yield of 5.66%.
Energy Performance Certificates
EPC 1Brochures
11 Fish Street, Shrewsbury, Shropshire, SY1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shrewsbury Station0.3 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
Notes
Disclaimer - Property reference SY20129aa. 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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