17A Hills Lane, Shrewsbury, SY1 1QU
- 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
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
EPCBrochures
17A Hills Lane, Shrewsbury, SY1 1QU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shrewsbury Station0.3 miles
Notes
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