3-4 5 6&7 Mardol Head, Shrewsbury, Shropshire, SY1 1HD
- SIZE AVAILABLE
12,754 sq ft
1,185 sq m
- SECTOR
High street retail property for sale
Key features
- Prime Town Centre Location
- Trading Capital of Shropshire
- National Retailer Tenants
- £145,000 Per Annum Passing Rent
Description
This Investment Sale comprises of three Properties comprising of Retail space which are currently laid out as predominantly open plan retail with ancillary offices and storage rooms to the first floor, along with kitchen facilities and WCs.
3-4, 5 6&7 Mardol Head collectively generate a total passing rent of £145,000 per annum. Offers are invited for our Clients freehold interest in excess of £2,000,000 (Two Million Pounds). An acquisition at this level would reflect a gross yield of 7.25% at a capital value of £156.81 per square foot on a Gross Internal basis.
Please download the brochure for detailed information. EPC's, Floorplans and Lease's are available on request.
Location
The Properties are situated in the most prominent retailing location in Shrewsbury. The prime retail area is pedestrianised Pride Hill and Mardol Head, naturally drawing in footfall from the High Street. Shrewsbury is strategically situated at the intersection of A49 from the South of Wales and the A5 leading to the North of Wales and the M54 leading to Telford and Birmingham/West Midlands. The town is located 45 miles northwest of Birmingham, 41 miles south of Chester and 15 miles west of Telford.
Accommodation
The Property has been measured on a Gross Internal Area (GIA) basis in accordance with the RICS Code of Measuring Practice.
The total Property GIA is 12,754 sq ft (1185 sq m).
Each party is to be responsible for their own legal costs incurred in this transaction.
VAT
This property is elected for VAT and anticipate the sale will be undertaken as a Transfer of a Going Concern (TOGC).
EPC
3-4 Mardol Head -EPC rating is C (63) A copy of the certificate is available upon request.
5 Mardol Head - EPC rating is B (37) A copy of the certificate is available upon request.
6-7 Mardol Head - EPC rating is B (49) A copy of the certificate is available upon request.
Viewing
Viewings to be accompanied by a Wells McFarlane staff member only.
Energy Performance Certificates
EPCBrochures
3-4 5 6&7 Mardol Head, Shrewsbury, Shropshire, SY1 1HD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shrewsbury Station0.3 miles
Notes
Disclaimer - Property reference 7071FH. 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 Wells McFarlane Ltd, Lutterworth. 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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