5 New Street
Shrewsbury, SY3 8JNThe Space
Attractive three storey retail/leisure building with rear courtyard and first floor balcony level.
At a glance
| Property Type | Development / Other / Restaurant / Retail |
| Tenure | For Sale |
| Size | 1,190 sq ft |
| Price | Offers in the region of £250,000 |
| Business Rates | £2.52 per sq ft |
| Energy Performance Rating | This property has been graded as B (45) |
Shrewsbury
9 mins
Yorton
132 mins
Wem
197 mins
Wellington (Shropshire)
197 mins
Chesham
2211 mins
Reading
2223 mins
Amersham
2240 mins
Twyford
2267 mins
Key Points
- Attractive three storey retail/leisure building.
- Rear courtyard.
- First floor balcony level.
- Versatile accommodation throughout with a large ground floor retail area.
- Ancillary sales and storage facilities on the upper floors.
- Sought-after location on Frankwell Roundabout.
Description
This substantial Grade II Listed building of traditional brick construction provides versatile accommodation, arranged over three floors extending in total to approx. 1,190 sqft (97.8 sqm). The property comprises an attractive ground floor retail/restaurant unit with further sales/storage area on the upper floors. The property also benefits from a first-floor balcony level and rear courtyard area
The property has undergone some extensive refurbishment and structural works in recent years including a new roof with 10-year warranty, new insulation, and up to date gas safety certificates and EICR. The property lends itself for a variety of commercial uses or residential conversion, subject to planning.
Available area
The accommodation comprises the following areas:
| Description | sq ft | sq m |
|---|---|---|
| Ground Floor | 581 | 53.98 |
| First Floor | 312 | 28.99 |
| Second Floor | 297 | 27.59 |
| Total | 1,190 | 110.56 |
The Location
The property occupies a prominent location on Frankwell Roundabout, being one of the main arterial routes into Shrewsbury Town Centre. The roundabout links Copthorne Road and A458, linking Mid Wales with Shrewsbury, and leads to the Welsh Bridge and Frankwell Car Park. A number of national and regional occupiers are within the vicinity being: Dave Mellor Cycles, Majestic Wines, Yak and Yeti, and more.
Shrewsbury is the historic County Town and main administrative centre of Shropshire and is located at the intersection of the main A5 and A49 trunk roads approximately 12 miles west of Telford, 45 miles North West of Birmingham and 45 miles south of Chester.
Terms
The property is available for purchase on a Freehold basis inviting offers in the region of £285,000 with the benefit of vacant possession upon completion.
The Vendor may also consider a letting of the property on terms to be agreed.