High Street, Wem, Shrewsbury, Shropshire
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High street retail property for sale
Key features
- Established High Street TV & Electrical retail business serving the communities of Wem and Prees in North Shropshire
- Turn-key opportunity including business goodwill, fixtures & fittings, and stock (approx. total business value £85,000)
- Two well-located retail premises available: 38 High Street, Wem and The Well House Shop, Prees
- Flexible purchase options – buy the business with both properties, purchase business only, or lease premises
- Long-standing local reputation with loyal customer base and consistent village trade
- Member of the Euronics retail network, providing recognised branding and supplier access
Description
High Street TV & Electrical Retailer
Business & Property for Sale – Princes Company
Wem & Prees, Shropshire
An excellent opportunity to acquire a long-established village retail business together with two well-located shop properties in the heart of Shropshire. Princes Company is offered for sale as a fully operational business with two retail premises, providing a rare chance for buyers seeking an established enterprise with property ownership or flexible leasing options.
The Opportunity
Princes Company operates two well-situated local retail stores serving the communities of Wem and Prees, both popular market towns in North Shropshire. The business has built a strong local reputation and benefits from regular custom from residents and visitors alike.
The sale represents a turn-key opportunity for an owner-operator, family business, or investor looking to acquire an established retail operation with property assets.
Included in the Sale
Established trading business
Business goodwill
Fixtures and fittings
Existing stock (subject to valuation at completion)
Option to purchase one or both shop properties
Approximate business valuation:
Goodwill, fixtures & fittings – £30,000
Stock (at valuation date) – £55,000
Total business value: Approx. £85,000
Property Details
38 High Street, Wem, Shropshire, SY4 5DG
Guide Price: £150,000
A prominently positioned retail premises located on the High Street in the busy market town of Wem. The property benefits from good footfall and strong local visibility, making it ideal for continued retail use.
The Well House Shop, Church Street, Prees, Whitchurch, Shropshire, SY13 2DQ
Guide Price: £200,000
A charming village shop situated in the centre of Prees, serving the local community and surrounding rural area. The property offers an attractive retail environment with an established customer base.
Flexible Purchase Options
To suit a wide range of buyers, the business is available under several purchase structures:
Purchase the entire business and both properties
Purchase the business only, with the option to rent one or both premises from the current owner
Purchase individual property assets subject to agreement
Lease arrangements may be available for operators wishing to run the shops without purchasing the properties
This flexible structure provides an attractive opportunity for both owner-operators and property investors.
Key Features
Established local business
Two village shop locations
Loyal customer base
Freehold property opportunities
Option to lease premises if preferred
Ideal owner-operator or investment opportunity
Strong community presence
Note
The business operates as part of the Euronics retail network. The purchaser will be required to acquire the relevant Euronics membership share from the current owner in order to continue trading within the group.
Location
Both stores are located in North Shropshire, serving thriving local communities:
Wem – a historic market town with strong local trade
Prees – a well-supported village with a loyal customer base
The combination of town and village trading locations provides a stable and diverse customer demographic.
Viewing & Further Information
Full business details, trading information, and viewing arrangements are available upon request. Confidential enquiries are welcomed, and interested parties will be required to provide proof of funding before detailed discussions.
Business & Property for Sale – Princes Company
Wem & Prees, Shropshire
An excellent opportunity to acquire a long-established village retail business together with two well-located shop properties in the heart of Shropshire. Princes Company is offered for sale as a fully operational business with two retail premises, providing a rare chance for buyers seeking an established enterprise with property ownership or flexible leasing options.
The Opportunity
Princes Company operates two well-situated local retail stores serving the communities of Wem and Prees, both popular market towns in North Shropshire. The business has built a strong local reputation and benefits from regular custom from residents and visitors alike.
The sale represents a turn-key opportunity for an owner-operator, family business, or investor looking to acquire an established retail operation with property assets.
Included in the Sale
Established trading business
Business goodwill
Fixtures and fittings
Existing stock (subject to valuation at completion)
Option to purchase one or both shop properties
Approximate business valuation:
Goodwill, fixtures & fittings – £30,000
Stock (at valuation date) – £55,000
Total business value: Approx. £85,000
Property Details
38 High Street, Wem, Shropshire, SY4 5DG
Guide Price: £150,000
A prominently positioned retail premises located on the High Street in the busy market town of Wem. The property benefits from good footfall and strong local visibility, making it ideal for continued retail use.
The Well House Shop, Church Street, Prees, Whitchurch, Shropshire, SY13 2DQ
Guide Price: £200,000
A charming village shop situated in the centre of Prees, serving the local community and surrounding rural area. The property offers an attractive retail environment with an established customer base.
Flexible Purchase Options
To suit a wide range of buyers, the business is available under several purchase structures:
Purchase the entire business and both properties
Purchase the business only, with the option to rent one or both premises from the current owner
Purchase individual property assets subject to agreement
Lease arrangements may be available for operators wishing to run the shops without purchasing the properties
This flexible structure provides an attractive opportunity for both owner-operators and property investors.
Key Features
Established local business
Two village shop locations
Loyal customer base
Freehold property opportunities
Option to lease premises if preferred
Ideal owner-operator or investment opportunity
Strong community presence
Note
The business operates as part of the Euronics retail network. The purchaser will be required to acquire the relevant Euronics membership share from the current owner in order to continue trading within the group.
Location
Both stores are located in North Shropshire, serving thriving local communities:
Wem – a historic market town with strong local trade
Prees – a well-supported village with a loyal customer base
The combination of town and village trading locations provides a stable and diverse customer demographic.
Viewing & Further Information
Full business details, trading information, and viewing arrangements are available upon request. Confidential enquiries are welcomed, and interested parties will be required to provide proof of funding before detailed discussions.
High Street, Wem, Shrewsbury, Shropshire
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wem Station0.2 miles
- Yorton Station3.3 miles
- Prees Station3.4 miles
Notes
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