3 High Street, Shrewsbury, Shropshire
Offers in Region of  £350,000

  • Substantial Grade II Listed investment/conversion opportunity extending to approximately 1,585 sqft (147.26 sqm).
  • Incorporating self-contained retail shop to the ground floor currently let to Moshulu Limited and with office accommodation to the upper floors with vacant possession.
  • Prominent town centre location fronting Shrewsbury's busy High Street.
  • Offers around £350,000 are invited for the freehold interest subject to and with the benefit of the existing tenancy and with vacant possession of the upper floors.

The property occupies a prominent location fronting High Street, Shrewsbury, one of the main pedestrian and traffic routes into Shrewsbury Town Centre from the east. The Square and retail area of Pride Hill are only a short walking distance away with neighbouring occupier’s including Halun’s Menswear, TSB Bank, Beefy Boys and Starbucks Coffee. There are multiple public car parks, including Wyle Cop’s 24 hour car park, in the nearby vicinity.

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.

DESCRIPTION

This attractive Grade II listed retail building occupies a prominent High Street location. The building is of traditional brick construction surmounted by a pitch tiled roof which is concealed by a parapet wall to the front. The property is arranged over four floors, and is inclusive of a basement, extending in total to approx. 1,585 sqft (147.26 sqm).

Incorporating a self-contained retail shop to the ground floor currently let to Moshulu Limited for a 7 year term with effect from 1st November 2019. The retail unit benefits from a large glazed frontage onto the High Street, suspended ceiling with inset LED lighting, vinyl flooring, tea point and separate WC.

The three upper floors currently comprise office accommodation accessed via an independent shared entry from the High Street. The offices provide versatile accommodation with landings leading to multiple offices, kitchen/staff room and with the benefit of separate male and female WC facilities.

The property is understood to be of freehold tenure and is offered for sale with the benefit of the ground floor shop let to Moshulu Limited on the terms set out under the Tenancy Details and otherwise with the benefit of vacant possession on completion.

 

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