Wyle Cop, Shrewsbury

A prominent and characterful Grade II Listed commercial property situated fronting onto Wyle Cop, one of Shrewsbury Town Centre's most sought-after trading locations. The premises comprise of a ground floor retail sales area and additional ancillary accommodation on the first and second floor, providing a Total Net Internal Floor Area of approximately 770 sq ft (71.6 sq m). The property is suitable for a variety of commercial uses, subject to the necessary statutory consents, the property occupies a well-established mixed retail location benefiting from excellent pedestrian footfall and an attractive historic setting.

Description - The property comprises of a three storey attractive Grade II Listed shop unit with retail sales on the ground and first floors and ancillary accommodation on the second floor. The shop unit internally is well presented and benefits from part of the historic Old Town Wall to the Rear of the ground floor accommodation. The property is arranged to provide a Total Net Internal Floor Area of approximately 770 sq ft (71.6 sq m) and with a ground floor sales area of 290 sq ft (27 sq m)

Location - Wyle Cop serves as one of the main trading streets in the retail hierarchy of the town of Shrewsbury and is an important link to the town centre from the public car parks situated around the English Bridge. The surrounding occupiers are a mix of independent traders and nationals, with Zizzi, Ask Restaurant and Bang and Olufsen being located on High Street, which leads into Wyle Cop.
Shrewsbury is the County Town of Shropshire and is an administrative and tourist centre.

The town lies 16.3 miles (26 km) to the West of Telford and 31.5 miles (50.7 km) to the North of Wolverhampton. Access to the motorway network can be found via the M54 at Telford.

Accommodation - (All measurements are approximate only)

Total Net Internal Floor Area

Ground floor- Sales 290 sq ft (27) sq m
Ground floor Toilet
First Floor- Ancillary Sales 285 sq ft (26.5) sq m
Second Floor- Stores 195 sq ft (18.1) sq m

Planning - Interested parties are advised to make their own enquiries to the local authority.
We understand that the building is Grade II Listed and that it has existing use for class E (Retail) purposes.

Rent - £12,000 (twelve thousand pounds) exclusive per annum to be paid quarterly in advance by standing order

Tenure - The property is available on a new Tenants Full Repairing and Insuring lease for a length of term to be agreed. There will be rent reviews at three yearly intervals.

Rateable Value - £9,700

Epc - 85D

Legal Cost - The ingoing tenant is to be responsible for the Landlord’s legal fees in relation to the granting of a new lease.

Services - We understand that mains water, drainage and electricity are connected to the property. We have not tested any services on site and prospective tenants should make their own enquiries.

Local Authority - The Guildhall Frankwell Quay, Shrewsbury SY3 8HQ

Vat - It is understood that the property is not elected for VAT.

Viewing - Strictly by prior arrangement with the Sole Letting Agents.