Features
- Modern 3 storey mixed use property comprising ground floor retail lock-up unit with separate self-contained one bedroom residential apartment above.
- Occupying a convenient town centre location within a short walking distance of the main railway station and other amenities.
- Well- appointed accommodation providing an attractive investment opportunity or for owner occupation.
- Offers in the region of £175,000 are invited for the freehold interest with vacant possession of the ground floor retail unit, and subject to an AST tenancy of the residential apartment above.
Description
The property comprises a attractive 3 story mixed-use building of modern brick construction beneath a tiled pitched roof.
The ground floor comprises a well-presented self-contained retail shop extending to approx. 274 sqft (25.47 sqm) providing versatile accommodation having large glazed display frontage with fitted security shutter, rear kitchen/store room and internal WC facility.
The upper floors comprise a recently refurbished self-contained residential apartment providing modern accommodation with fitted kitchen, living room, bedroom and bathroom having gas fired radiator central heating and fitted carpeting throughout. The apartment also has the benefit of a small private courtyard area at the rear with access via a pedestrian walkway from Castle Gates.
The apartment is currently let on an Assured Shorthold Tenancy at a rent of ?450 pcm which was set in December 2016 and now offers scope for an uplift.
The property is conveniently located fronting Meadow Place, close to Gala Bingo and a variety of independent retail outlets along Castle Gates. Meadow Place provides a busy pedestrian thoroughfare between the Shrewsbury Bus Station, Railway Station and the Town Centre.
The Darwin Shopping Centre, Shrewsbury Library and Castle Museum are within close proximity with on-street short stay car parking in Castle Gates nearby.
Shrewsbury is the historic County Town and administration centre of Shropshire strategically located at the intersection of the main A49 an A5 trunk roads, approximately 55 miles to the northwest of Birmingham, Telford is approximately 18 miles to the east whilst Chester is approximately 40 miles to the north.
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