Features
- Well located ground floor retail premises extending in total to approx. 1,013 sqft (94.1 sqm).
- Spacious and versatile accommodation providing open plan retail space with separate office and welfare facilities.
- Occupying a sought-after town centre location in Castle Street opposite Marks & Spencer and close to the main retail area of Pride Hill.
- Available For Sale inviting offers in the region of £285,000 for the long leasehold interest with vacant possession, alternatively the property is available To Let on a new Lease at a rent of £22,500 per annum exclusive.
Description
The property comprises a well-appointed ground floor retail premises with glazed frontage and basement extending to approx. 1,013 sqft (94.1 sqm) offering scope for a wide variety of uses, subject to planning. The premises are fitted to a modern standard providing an open plan retail sales area with separate office and welfare facilities at the rear.
The property provides an ideal opportunity to acquire a well-located town centre premises either for owner occupation or as income producing investment with potential for further asset management in the future.
The property occupies a prominent retail location within Shrewsbury Town Centre fronting Castle Street, being the main vehicular route through the town centre from the north west. The property is situated close to a number of national occupiers including Marks and Spencer, H&M and WH Smith and is within a short walking distance of the main retail area of Pride Hill and the Darwin covered shopping centre. The Main Library, Shrewsbury Castle and the Railway Station are also situated close by.
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 and having a wide catchment area into Mid-Wales.