54-55 Longden Coleham, Shrewsbury, SY3 7DH
£216.66 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,077 sq ft
193 sq m
- SECTOR
Mixed use property for sale
Key features
- Freehold with vacant possession. Potential for redevelopment, subject to planning.
- Offers in excess of £450,000.
- Ground floor retail unit with a three bedroom flat above, with separate self contained entrance.
- Offered with vacant possession due to retirement of the business proprietor.
- Recently replaced flat roof.
- Prominent trading position with excellent roadside visibility and direct line of sight from Greyfriars Bridge.
- Suitable for investors, potential owner-occupiers or developers.
- Nearby occupiers include Walsh Butchers of Shrewbsury, Longden Coleham Junior School, Spar, Fade Inn (barbers), The Allotment (zero waste grocery shop), Chanelle Hairdressers, Forget Me Not Flowers
Description
The property comprises a mid terrace two storey building of brick elevations under a recently refurbished flat roof. There is a separate self contained entrance from the street to the flat with steps leading up to the shop itself, which is elevated from street level. The shop has a full length glazed frontage onto Longden Coleham and there is a small yard to the side providing bin storage for the commercial unit and steps up to the flat.
Internally, the property is arranged as a ground floor commercial unit currently operating as a fish and chip take away and restaurant with 28 covers with a self contained 3-bedroom flat above.
The property is sold with vacant possession, offering a unique opportunity for investors, owner occupiers or developers looking to speculate. There is significant commercial potential given the well presented retail space and excellent roadside visibility lending itself to a variety of different uses. The proximity to the town centre and local amenities also makes this a compelling residential location.
Location
The property is situated in Longden Coleham, a busy and popular retail and residential area on the southern approach into Shrewsbury town centre. The location benefits from a high volume of passing traffic and good footfall. The property is particularly well located being directly opposite and in direct line of sight of Greyfriar’s Bridge – a popular precinct of shops and café’s with the bridge itself providing a scenic pedestrian route through to Wyle Cop and the town centre within easy walking distance. The area is well served by public transport links and local amenities, making it an attractive position for both commercial and residential occupiers.
Shrewsbury is the county town of Shropshire being located about 47.8 miles North-West of Birmingham, 43.2 miles South of Chester, and 16.5 miles West of Telford. It has an urban population of 80,000 and benefits from good road communication links leading from the A5 trunk road to the M54 motorway and onto the M6 and the rest of the country’s national motorway network. The town is also served by the A49 Cardiff—Manchester trunk road and the A458 from its mid-Wales hinterland.
There are direct rail services to London Euston (approximately 2 hours 41 minutes) and also to Birmingham, Manchester and Cardiff.
Brochures
54-55 Longden Coleham, Shrewsbury, SY3 7DH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shrewsbury Station0.5 miles
Notes
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