Spacious Grade II listed 3-storey commercial property comprising ground floor bar premises with additional storage on the upper floors.
Summary
- Spacious Grade II listed 3-storey commercial property.
- Ground floor bar premises with additional storage on the upper floors.
- Well established ground floor cocktail bar premises T/A Blind Tiger, to be let on a new 10-year lease at a rent of £25,000 per annum exclusive.
- Attractive conversion opportunity to the upper floors.
- Offering potential to create 2 no. one bedroom and 2 no. studio apartments, subject to planning.
- Occupying a sought-after town centre location.
Accommodation
The accommodation comprises the following areas:
| Description | sq ft | sq m |
| Bar/Prep Area | 1,054 | 97.92 |
| Storage and Uppers | 1,595 | 148.18 |
| Total | 2,649 | 246.10 |
Location
The property occupies a prominent, sought-after location fronting Hills Lane in the centre of Shrewsbury, opposite the barker street public car parks. The property is located a short distance from the main High Street and shopping areas, with the Shrewsbury bus and train stations nearby.
Shrewsbury is the county town and administrative centre of Shropshire, strategically located at the intersection of the main A49 and A5 trunk road approximately 18 miles west of Telford, 55 miles north west of Birmingham, 18 miles west of Telford and 40 miles south of Chester. The town supports a wide variety of service industries, tourism and leisure facilities serving a wide catchment area.
Get directions from Google Maps
Mainline Stations
-
Shrewsbury7 mins
-
Yorton134 mins
-
Wellington (Shropshire)194 mins
-
Wem199 mins
Underground Station
-
Chesham2207 mins
-
Reading2219 mins
-
Amersham2236 mins
-
Twyford2262 mins
Further Information
Price Offers in the region of £425,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as C (59)
Description
This attractive Grade II listed three-story property extends to approximately 2,648 sqft (246.08 sqm) and comprises spacious ground floor cocktail bar premises with storage to the upper floors. The ground floor has been run and operated as a cocktail bar T/A Blind Tiger for over 10 years and is fitted out to a high standard having exposed brickwork and timbers, painted concrete flooring and a raised bar area with rear pot wash and preparation area.
The first floor currently comprise spacious storage facilities and customer toilets accessed via an internal staircase. The first floor also includes 2 mezzanine storage areas having attractive exposed timber beams and painted brickwork.
Terms
The ground floor bar premises is to be let on a new 10-year lease on completion to the current vendor, at a rent of £25,000 per annum exclusive. The Lease is to be granted on a tenant’s full repairing and insuring basis, and subject to an upward only rent review and tenant only break option on the fifth anniversary of the term.
The upper floors of the property lend themselves for residential conversation offering potential to create 2 no. one bedroom and 2 no. studio apartments, subject to planning. Plans for the scheme are available from the Selling Agents upon request.
Gallery
