Summary
| Property Type | Restaurant |
| Tenure | For Sale |
| Size | 101 to 16,000 sq ft |
| Price | Offers in the region of £45,000 (EXCLUSIVE) plus stock at valuation |
| Rates Payable | £9,481 per annum |
| EPC Rating | This property has been graded as C |
- Long established leasehold business in Shrewsbury town centre
- The business offers a combination of retail sales and a café/restaurant business with an enviable reputation
- Fully fitted out oven ready business with further growth potential
- Viewing strongly recommended
- Business for sale (Leasehold)
About
The business trades from a prominently located three storey lock up shop unit. The property provides a fully fitted out restaurant/café that is arranged to provide a ground floor retail sales area, with seating for 8, and a commercial kitchen to the rear. The upper floors provide a variety of rooms that are arranged to provide seating for the restaurant/café, comprising 32 on the second floor and 14 on the top floor in the Loft room (which doubles as meeting room and further seating), and also stores, ancillary accommodation and toilet facilities. The property from which the business trades has externally a small rear yard area.
The property has CCTV cameras and a premises alcohol license. The potential of the property from which the business trades can only be fully appreciated by undertaking an inspection of the property.
Accommodation
| Name | sq ft | sq m | Availability |
| Ground - Sales Area/Commercial kitchen | 51.75 | 4.81 | Available |
| 1st - Restaurant/café Seating Area | 275 | 25.55 | Available |
| 1st - Stores/Further Seating | 252 | 23.41 | Available |
| 1st - Stores | 192 | 17.84 | Available |
| 2nd - Stores | 101 | 9.38 | Available |
| Total | 871.75 | 80.99 |
Location
The business is prominently located fronting onto Mardol in the town centre of the sought after town of Shrewsbury. Mardol serves as one of the main retail streets in the retail hierarchy serving the town centre.
The property is located within proximity of a variety of public car parks serving the town centre. The surrounding occupiers including Peakes Travel, Rowan and Lakeland .
Shrewsbury is the County Town of Shropshire and has a significant catchment population as well as acting as an administrative and tourist centre. The town is sat on the River Severn and had a population of 76,782 at the 2021 census.
The town is located approximately 48 miles west of the City of Birmingham and approximately 40 miles south of the City of Chester. There is access to the national road network via the A5 (M54 link road).
Mainline Stations
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Shrewsbury6 mins
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Yorton135 mins
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Wellington (Shropshire)193 mins
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Wem200 mins
Underground Station
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Chesham2205 mins
-
Reading2218 mins
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Amersham2235 mins
-
Twyford2261 mins
Downloads
Download Marketing Brochure
Further Information
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Planning
Prospective purchasers should rely on their own enquiries.
The property is understood to benefit from Use Class E of the Town and Country Use Classes Order 1987.
The property is understood to be Grade II listed. -
Services
(Not tested at the time of our inspection.)
We understand that mains water, electricity, drainage and gas are connected to the property -
Tenure
The business is offered for sale subject to the following occupational
lease;
• Lease Term: 10 years from 2025. Rent: £17,000 per annum
• Rent Review: At the end of year 5. Tenants Internal Repairing and Insuring Basis, subject to a Schedule of Condition
• The lease is understood to be within the Landlord and Tenant Act 1954 Part 2.Tenant option to determine at the 5th year of the term subject to 6 months prior notice.
A copy of the lease is available from the selling agents upon request -
Business
The business provides the opportunity to buy a long standing leasehold retail/café with retail sales that is only reluctantly offered for sale due to the personal health of the proprietor. The business known as Taste of Shrewsbury offers both takeaway and eat in facilities including the gallery tea room on the first floor which provides further seating.
The business offers the sale of sandwiches, baguettes, paninis, homemade soups and jacket potatoes and also a menu of seasonal special menu and afternoon tea menu with renowned cream teas. Fresh homemade juice and smoothies are prepared in store. The business also offers corporate buffets to order and has established a loyal client base in this area.
The opening hours of the business are:
Monday to Friday 9.00 am to 4.30pm
Saturday 8.30am to 5pm
Further details are available - https://www.facebook.com/TasteShrewsbury
The business sale offers the opportunity to acquire a fully fitted out business with significant potential for further growth. Financial information is available from the selling agents upon request. The business is run by the existing proprietor with assistance from full and part time
employees. -
Local Authority
Shropshire Council,
The Guildhall Frankwell Quay,
Shrewsbury,
SY3 8HQ
Gallery
