Summary

Property Type Investment / Retail
Tenure For Sale
Size 1,216 sq ft
Price Offers in the region of £250,000 (Exclusive)
Rates Payable £7,859.25 per annum
BER Rating This property has been graded as C (68)
  • Retail Investment opportunity
  • Prime high street location with strong visibility and footfall
  • Showing a Net Initial Yield of 5.85 % (after allowing for normal purchasers costs)
  • Close to public car parking and surrounded by local independent businesses
  • Offered for sale freehold, subject to the existing occupational tenancies
  • Potential for development (STP)

About

45–46 High Street offers an excellent opportunity to acquire a prominently positioned retail investment premises within the heart of Broseley town centre. The property comprises a ground floor lock-up shop extending to approximately 1216 sq ft (112.97 sq m), suitable for a range of retail or commercial uses (STP). Benefiting from a full-width glazed frontage, the unit enjoys strong visibility and footfall from passing trade. Internally, the space offers an open-plan retail area with ancillary storage and staff facilities.

45-46 High Street, Broseley, Investment / Retail For Sale - IMG_1138.JPEG

Accommodation

Namesq ftsq m
Ground - Sales Area 778 72.28
Ground - Store 152 14.12
Ground - Rear Store 209 19.42
Ground - Kitchen 38 3.53
Ground - Welfare 39 3.62
Total1,216112.97

Location

Prominently situated centrally on Broseley’s historic High Street, the property enjoys a strong trading position within this vibrant Shropshire market town. Broseley forms part of the wider Ironbridge Gorge UNESCO World Heritage Site and lies approximately 2.5 miles southwest of Telford, with good road connections via the A442 and A4169. The immediate area features a mix of independent retailers, cafés, professional services, and period residential properties. Ample public car parking is available nearby, with Broseley attracting both local shoppers and heritage tourism.

Get directions from Google Maps

45-46 High Street - IMG_1140.JPEG

Further Information

  • Planning

    The property currently falls within Use Class E under the Town and Country Planning (Use Classes) Order 1987.

  • Services

    Not tested at inspection.
    We understand that the property is connected to mains electricity and water.

  • Tenure

    The property is offered as a Freehold sale, subject to the existing occupational tenancies.

    Lease dated 30th November 2023, between Pradipsinh Narendrasinh Dodiya & Jaspreet Kaur and Leel Salinda Ketawalage.
    Term: 20 years from 30th November 2023

    Lease details are available upon request.

  • Local Authority

    Guildhall,
    Frankwell Quay,
    Shrewsbury,
    SY3 8HQ.

  • Anti-money laundering (AML)

    We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.

    The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.