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High Street, Wem, Shrewsbury, Shropshire

Offers in Region of
£110,000

Business rates & charges may apply

Welch Estate Agents, Shrewsbury
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SECTOR

Commercial property for sale

Key features

  • Retail and residential investment opportunity
  • Ground floor retail unit and self-contained residential flat
  • Total floor area of approximately 54.25 sq m (584 sq ft)
  • Prominent frontage onto High Street
  • Fully tenanted with long-term occupiers
  • Total rental income of £9,520 per annum
  • Established town centre location
  • Ideal investment purchase

Description

42 High Street, Wem, Shropshire, SY4 5DG
Offers in the Region of £110,000

A mixed-use investment property comprising a ground floor retail unit together with a self-contained
residential flat above, situated in a prominent position fronting onto High Street in the market town of
Wem.

The property extends to approximately 54.25 sq m (584 sq ft) in total and is currently fully let, producing
a combined rental income of £9,920 per annum from two established tenants. The property offers
investors an attractive opportunity to acquire a fully occupied mixed investment with immediate income
in a well-established town centre location.

The ground floor retail premises benefit from good visibility onto High Street, while the residential
accommodation provides an additional income stream, creating a balanced investment opportunity.
Location

The property occupies a prominent position on High Street within the centre of Wem, a popular market
town in North Shropshire. Wem provides a range of local amenities including independent retailers,
supermarkets, cafés, public houses, and professional services, together with good transport links to
Shrewsbury, Whitchurch, and the wider region.

The town benefits from a railway station providing regular services to Shrewsbury and Crewe, with
onward national rail connections. The surrounding area is predominantly residential and agricultural,
supporting a consistent level of local trade and demand for residential accommodation.

Tenancy Information
The property is fully occupied and currently produces a total rental income of £9,920 per annum from
the retail and residential units.
Further tenancy details are available upon request.

AML
In accordance with Anti-Money Laundering Regulations, prospective purchasers will be required to
provide proof of identity and address documentation once an offer has been agreed. Verification may
be carried out by the seller’s appointed agents prior to the progression of a sale.

Viewing
Strictly by prior appointment through the selling agents.

VAT
We understand that VAT is not applicable to the purchase price.

EPC
EPC information available upon request.

Disclaimer – Welch Commercial
These particulars are set out as a general outline for guidance and do not constitute any part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation are given in good faith but should not be relied upon as statements or representations of fact. Prospective purchasers or tenants should not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Welch Estate Agents has any authority to make or give any representation or warranty whatsoever in relation to this property. All measurements are approximate, and properties are offered subject to availability.

High Street, Wem, Shrewsbury, Shropshire

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wem Station0.3 miles
  • Yorton Station3.3 miles
  • Prees Station3.4 miles

About Welch Estate Agents, Shrewsbury

2 High Street, Wem, SY4 5AA

Welch Commercial is a trusted independent agency based in the heart of Wem, Shropshire, proudly serving the region's commercial property sector.

We are committed to delivering a professional, tailored service to businesses, investors, and developers alike. With a focus on excellence and a deep understanding of the local market, we strive to meet the varied commercial property needs of our clients while upholding the highest standards of integrity and professionalism.

Welch Commercial specialises in the sale, leasing, and management of retail, office, industrial, and mixed-use properties. Our reputation is built on insightful, honest advice, comprehensive local expertise, and exceptional service. We ensure maximum visibility for every listing through strategic marketing channels designed to reach the right audience with impact.

Notes

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Disclaimer - Property reference YFJ-97289794. 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 Welch Estate Agents, 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.

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