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17A Hills Lane, Shrewsbury, SY1 1QU

Offers in Region of
£425,000

£160.44 per sq ft

Business rates & charges may apply

Towler Shaw Roberts, Shrewsbury
SIZE AVAILABLE

2,649 sq ft

246 sq m

SECTOR

Commercial development for sale

Key features

  • Spacious Grade II listed 3-storey commercial property.
  • Ground floor bar premises with additional storage on the upper floors.
  • Well established ground floor cocktail bar premises T/A Blind Tiger, to be let on a new 10-year lease at a rent of £25,000 per annum exclusive.
  • Attractive conversion opportunity to the upper floors.
  • Offering potential to create 2 no. one bedroom and 2 no. studio apartments, subject to planning.
  • Occupying a sought-after town centre location.

Description

This attractive Grade II listed three-story property extends to approximately 2,648 sqft (246.08 sqm) and comprises spacious ground floor cocktail bar premises with storage to the upper floors. The ground floor has been run and operated as a cocktail bar T/A Blind Tiger for over 10 years and is fitted out to a high standard having exposed brickwork and timbers, painted concrete flooring and a raised bar area with rear pot wash and preparation area.

The first floor currently comprise spacious storage facilities and customer toilets accessed via an internal staircase. The first floor also includes 2 mezzanine storage areas having attractive exposed timber beams and painted brickwork.

The property occupies a prominent, sought-after location fronting Hills Lane in the centre of Shrewsbury, opposite the barker street public car parks. The property is located a short distance from the main High Street and shopping areas, with the Shrewsbury bus and train stations nearby.
Shrewsbury is the county town and administrative centre of Shropshire, strategically located at the intersection of the main A49 and A5 trunk road approximately 18 miles west of Telford, 55 miles north west of Birmingham, 18 miles west of Telford and 40 miles south of Chester. The town supports a wide variety of service industries, tourism and leisure facilities serving a wide catchment area.

The ground floor bar premises is to be let on a new 10-year lease on completion to the current vendor, at a rent of £25,000 per annum exclusive. The Lease is to be granted on a tenant’s full repairing and insuring basis, and subject to an upward only rent review and tenant only break option on the fifth anniversary of the term.

The upper floors of the property lend themselves for residential conversation offering potential to create 2 no. one bedroom and 2 no. studio apartments, subject to planning. Plans for the scheme are available from the Selling Agents upon request.

Energy Performance Certificates

EPC

Brochures

17A Hills Lane, Shrewsbury, SY1 1QU

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 that encompass the breadth of our clients' needs and include Asset Management, Agency, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice, Dilapidations and Property Management.

With Clients ranging from private individuals to national Corporates, TSR offer each client the same level of service with clear, professional and consistent advice on all property matters.

Notes

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Disclaimer - Property reference 293082-1. 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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