{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"734138146071568","summary":"Flexible commercial space available immediately. Would suit retail sales or studio/leisure use.","archived":true,"description":"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.","disclaimer":{"raw":"Disclaimer - Property reference 119916-2. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by CGP Commercial Property LLP, Shrewsbury. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"LETTINGS","amenities":["NATURAL_LIGHT","AIR_CONDITIONING"],"keyFeatures":["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, cafes, home interiors, clothing retailers, hairdressers and restaurants as well as National operators such as Starbucks, Barbours, Jigsaw and Fat Face amongst others."],"environment":{"epcRating":"D","breeamRating":null,"environmentalDescription":null},"pricing":{"price":1833.3333333333,"displayQualifier":"NONE","frequency":"MONTHLY","rentObligation":null},"useClasses":["E"],"tenureType":"LEASEHOLD","tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":null,"media":{"brochures":[{"uri":"property-brochure/47726e10c/734138146071568/47726e10c9206935420382a792c8f080.pdf","description":"092025 12 Princess Street Particulars .pdf"}],"photos":[{"uri":"property-photo/660464ec6/734138146071568/660464ec6a39bb9bdae1f094c155b38a.jpeg","description":"Front shot 1.jpg"},{"uri":"property-photo/50ac35e2d/734138146071568/50ac35e2d1b3c8c21eb26132e39cf237.jpeg","description":"12PrincessStreet09162025_161610.jpg"},{"uri":"property-photo/1e40d6d5e/734138146071568/1e40d6d5ec6daac41459d47c6f7528a0.jpeg","description":"12PrincessStreet09162025_161327.jpg"},{"uri":"property-photo/84c402c12/734138146071568/84c402c12ed8fac6642f09b8771b3aa8.jpeg","description":"12PrincessStreet09162025_161406.jpg"},{"uri":"property-photo/00d6a6c4b/734138146071568/00d6a6c4bc758d3549585ca4c69aa966.jpeg","description":"from square green arrow.jpg"},{"uri":"property-photo/79518fecd/734138146071568/79518fecd892c7d550fb77c61ad8719c.jpeg","description":"Market Day in The Square"}],"floorPlans":[{"uri":"property-floorplan/a07e26519/734138146071568/a07e2651903bd58e1925dcf8fa80906b.png","description":"1-2 Princess Street No internal walls .png"}],"virtualTours":[{"uri":"https://my.matterport.com/show/?m=ne18V4xr3jW","description":"Virtual Tour"}],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":2544,"minSize":null,"measurementType":"NIA","maxSize":null},"location":{"displayAddress":"1-2 Princess Street, Princess House, Shrewsbury, SY1 1JZ","showMap":true,"postcode":{"incode":"1JZ","outcode":"SY1"},"streetView":{"latitude":52.707448,"longitude":-2.754237,"heading":175.035263,"pitch":-6.15308,"zoom":1,"showStreetView":true},"latitude":52.707386,"longitude":-2.754188},"nearestStations":[{"distance":0.3405512838700631,"name":"Shrewsbury Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"CGP Commercial Property LLP, Shrewsbury","email":null,"profileUrl":"/estate-agents/agent/Cooper-Green-Pooks/Shrewsbury-251861.html","logo":"/partner-logo/29052254-LOGO-1765977509.png","id":251861,"description":"

BUSINESS SPACE - As commercial property agents, we can offer informed advice on all aspects of office and industrial properties. Whether representing landlords, tenants or developers with regards to sales, lettings or advise, we are in tune with current demands in this fast moving sector.

RETAIL / LEISURE - We have extensive knowledge and experience of all types of retail units and leisure developments, whether in high street locations or secondary towns and pitches.

INVESTMENT - We provide institutions, property companies and private investors with a detailed insight into sales and purchases while keeping alert to every opportunity for adding value.

DEVELOPMENT - Developers and occupiers appreciate our creative and flexible approach to site acquisition and disposal. We work closely with national agency and investment colleagues.

If you'd like to discuss any commercial property related matters or to arrange an informal valuation please contact a member of the commercial team today on 01743 276666 or cjp@cgpooks.co.uk

VALUATION

We offer a comprehensive valuation service to a wide range of clients throughout Shropshire and the Welsh Borders. In addition, we are able to offer national coverage for specialised property and/or specific clients.

We have expert knowledge of the wider Shropshire area based on long experience of the market in retail shops, office, industrial, investment and leisure uses, development land and specialist animal welfare premises.

Clients include banks, building societies, charities, executors, administrators/liquidators, property companies, pension funds and private individuals.

Commercial property valuations are undertaken for bank lending, acquisition, asset, matrimonial, probate, disposal or taxation purposes.

If you'd like to arrange a professional valuation please contact a member of the commercial team today on 01743 276666 or tcp@cgpooks.co.uk

RENT REVIEWS AND LEASE RENEWALS

We provide expert advice on rent reviews and lease renewals on industrial, office, retail property and more specialist commercial property. We can help you obtain the best rental settlements, negotiate new leases or secure improvements to existing ones. We can provide advice on lease surrenders and other 'exit routes'.

We will also proceed to arbitration where required. A major strength is our detailed knowledge of the Shropshire, Midlands and North Wales marketplace. This gives clients the reassurance that we are in tune with current trends and market levels.

If you'd like to discuss your commercial property requirements and how we can help please contact a member of the commercial team today on 01743 276666 or cjp@cgpooks.co.uk

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