1-2 Princess Street, Princess House, Shrewsbury, SY1 1JZ
£8.65 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,544 sq ft
236 sq m
- SECTOR
High street retail property to lease
Lease details
- Lease available date:
- Now
- Lease type:
- Long term
Key features
- Suitable for a variety of commercial uses or continued excellent ‘performance’ or dance studio space.
- Excellent fit out, ready for immediate occupation, subject to intended use.
- Prominent corner frontage on Princess Street with large glazed ‘shop front’.
- Large street level retail space with a further larger open plan space to the rear plus storage.
- Located opposite popular coffee shops and the busy Square.
- Loading lay-by bays located directly outside.
- Short walk to Shrewsbury’s Railway and Bus Stations.
- Numerous public car parks within walking distance.
- Nearby occupiers include independent Antique shops, Ginger and Co (coffee shop), Pieces for Places (home furnishings), Carvells on the Square (womens clothing), Toggs and Cloggs (clothing),
Description
The property comprises a commercial unit which is currently fitted out as a performing arts space. The unit has a double-door entrance directly off Princess Street and a large, glazed shop front. Inside, there is a good sized waiting area or retail space with a large open performance space to the rear which could also be used for a number of alternative commercial uses subject to planning. The property is in good decorative order providing an ‘oven-ready’ space for a new studio use or ready for a new tenants fit out.
Location
The property is located in Shrewsbury Town Centre on Princess Street, a one-way, restricted access road providing disabled parking access to the town centre and servicing for retail units. Within Princess Street, the unit is situated adjacent to the rear of the former House of Fraser department store. Contracts have now been signed for the redevelopment of this to provide two commercial units fronting Princess Street and access to a basement spa, subject to planning. The unit is also opposite popular coffee shops and restaurants and close to the popular Square which holds frequent markets and events.
As the county town and administrative centre of Shropshire, Shrewsbury has a borough population of roughly 80,000 (according to previous census), a 5% rise since 2020 and a larger catchment extending into Mid Wales of roughly 600,000 people.
It is strategically situated at the intersection of the A49 from the South of Wales and the A5 trunk road leading to the North of Wales and Telford and Birmingham on the M54.
Viewings
Strictly by Appointment through Andrew Birtwistle at Cooper Green Pooks.
Terms
The premises are to be let on a new lease of 6 years on a Tenant’s apportioned full repairing and insuring basis with a Rent Review after 3 years.
Neighbouring Occupiers
Nearby occupiers include independent Antique shops, Ginger and Co (coffee shop), Pieces for Places (home furnishings), Carvells on the Square (womens clothing), Toggs and Cloggs (clothing), Brown’s Hairdressing, Templeton Jones (country clothing) amongst a wide variety of other independent retailers, restaurants and cafes.
Brochures
1-2 Princess Street, Princess House, Shrewsbury, SY1 1JZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shrewsbury Station0.3 miles
Notes
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