M&S Foodhall, 37 Smithfield Road, Oswestry, Shropshire, SY11 2EL

Guide price

£1,500,000

Auction

Size

12,713

Tenure

Freehold

EPC

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Parking

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Primary use
Convenience store
Frontage
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No floor / site plan

Key features

  • FOR SALE BY AUCTION 26TH MARCH 2026
  • Entirely let to Marks & Spencer Plc, the leading British retailer with a current market cap of £8.2 billion
  • Let for 20 years until January 2039 (subject to a tenant's option to break in January 2034)
  • Annual upward only RPI linked rent reviews subject to 0% collar and 3% cap
  • Approx. 1,181 sq.m. (12,713 sq.ft.) with dual access
  • M&S in occupation since 2007
  • Sole premium food retailer in town (no Waitrose)
  • Adjacent to the town's two principal Council operated car parks
  • Nearby occupiers include Boots, Specsavers, Costa, Greggs and Sainsbury's
  • Rental Income: £126,726 per annum (£10 psf) (with annual upward only RPI linked rent reviews, subject to 0% and 3% collar and cap - please see lease)

Description

Situation:
The property is prominently situated on Smithfield Road in the centre of Oswestry, a thriving Shropshire market town and adjacent to the town's principal Council operated car parks: Central Car Park (483 spaces) and Smithfield Street Car Park (90 spaces). Nearby occupiers include Boots, Specsavers, Costa, Greggs, Sainsbury's and a range of local independent businesses.

Tenure:
Freehold.

Description:
The property is a purpose built foodstore comprising an M&S foodhall with bakery and click and collect on the ground floor and ancillary accommodation on the first floor. The store has a main customer entrance on Smithfield Street and a secondary access to the rear leading to Smithfield Street car park. The store is serviced through a service yard to the side of the property.

VAT:
VAT is applicable to this lot.

EPC:
C51.

For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

M&S Foodhall, 37 Smithfield Road, Oswestry, Shropshire, SY11 2EL

NEAREST STATIONS

National Rail

Gobowen Station

2.62 miles

About Acuitus Limited, Acuitus

Acuitus Limited, Acuitus

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Disclaimer - Property reference A13605-Oswetry-DM-AS. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acuitus Limited, Acuitus. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.