63 Whitchurch Road, Shrewsbury, SY1 4EE
Size
893
Tenure
Freehold
EPC
Parking
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- Primary use
- Mixed use
- Other use(s)
- Other
No floor / site plan
Key features
- Two storey mixed use Investment property.
- Occupying a prominent location on Whitchurch Road.
- Long established and popular residential and commercial area.
- Currently fully let.
- Producing a total rental income of £22,800 per annum.
Description
The ground floor comprises a well-presented self-contained hot food takeaway extending to approx. 895 sqft (82.95 sqm) providing versatile accommodation having large glazed display frontage with modern sales/servery area and rear preparation/store rooms.
The property also includes a self-contained residential apartment providing modern accommodation with fitted kitchen, living room, 2 bedrooms and bathroom having gas fired radiator central heating and fitted carpeting throughout.
The property occupies a prominent position fronting Whitchurch Road in a well populated and established residential area of Shrewsbury approx. 2 miles North of the Town Centre. There is a variety of occupiers in the near vicinity including Wickes, Tesco Express and the new Sentinel Trade Park together with Morrisons and B & Q Superstores a short distance away.
Shrewsbury is the County Town and Administrative Centre of Shropshire, strategically located at the intersection of the main A49 and A5 trunk roads, approximately 47 miles north west of Birmingham, 15 miles west of Telford and 40 miles south of Chester.
The property currently trades as a fish bar and takeaway, having been operated by the current occupier for a number of years, and is held on a lease for a term of 10 years from 22nd November 2023 on a Tenant’s full repairing and insuring basis. The current passing rent is £15,600 per annum, payable monthly in advance. The lease is subject to 5 yearly rent reviews with no tenant break options.
The residential apartment was let on a 12 month Assured Shorthold Tenancy (AST) from 8th December 2023 at a rent of £600 per calendar month. The tenant is currently holding over.
Further details of the tenancies are available from the Selling Agents on request.
- Service charge
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- Business rates
- £5
- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
About Towler Shaw Roberts, Shrewsbury
Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR's in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.
As a progressive and proactive firm, we offer a holistic range of services that encompass the breadth of our clients' needs and include Asset Management, Agency, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice, Dilapidations and Property Management.
With Clients ranging from private individuals to national Corporates, TSR offer each client the same level of service with clear, professional and consistent advice on all property matters.
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Disclaimer - Property reference 292913-1. 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 Towler Shaw Roberts, Shrewsbury. 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.