Summary

Property Type Mixed Use
Tenure For Sale
Size 600 to 2,005 sq ft
Price £250,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as D
  • A prominently located mixed commercial and residential investment situated in the heart of Whitchurch town centre
  • Total Gross Internal Floor Area of Approximately 2,005 sq ft (186.3 sq m)
  • Total rent of £26,280 per annum, reflecting an attractive initial yield of 10.05% allowing for normal purchaser’s costs.
  • Well-positioned town-centre asset providing a strong and diversified income stream.

About

11 Watergate Street is a spacious 3 storey mid terraced mixed commercial/residential investment property located in a prominent position close to the town centre of Whitchurch. The property provides an attractive Net Initial Yield of 10.05%, after allowing for normal purchasers costs.
The property is arranged to provide a fully income producing investment. The ground floor of the property comprises of a licenced hair salon with a Total Net Internal Floor Area of Approximately 800 sq ft (74 sq m) and comprises a large salon area to the front, treatment room to the rear, store room and W.C. There is also access to a basement area within the shop unit.
The uppers provide two residential flats above that are accessed down an alley way to the side of the property leading a ground floor communal rear entrance porch.

Flat 1 is located on the 1st floor and briefly comprises entrance hall, large lounge / diner, kitchen with door that leads onto the spacious decked south facing terrace and has a large double bedroom and a shower room.

Flat 2 is located on the 2nd floor and comprises an entrance hall, living room, kitchen/diner, double bedroom and shower room.
The property provides an ideal spread risk investment opportunity with further income potential.

11 Watergate Street, Whitchurch, Mixed Use For Sale - IMG_E3981.JPG

Accommodation

Namesq ftsq mAvailability
Ground - Commercial 800 74.32 Available
1st - Flat 1 600 55.74 Available
1st - Flat 2 605 56.21 Available
Total2,005186.27

Location

The property occupies a highly prominent position fronting Watergate Street, close to the junction with Mill Street and The Bullring, on the edge of Whitchurch town centre and the towns main commercial retail hub. Set within a vibrant mixed-use area and within easy walking distance of the prime retail core and local amenities, the location benefits from sustained footfall and visibility in one of north Shropshire’s key market towns.
Key Location Highlights

Excellent road connectivity via the nearby A49 and A41, linking Whitchurch with Shrewsbury, Chester, Nantwich and wider regional centres.

Whitchurch railway station on the Welsh Marches Line is a short walk from the town centre, offering regular services to Shrewsbury, Crewe and onward connections.

Regular bus services connect Whitchurch with surrounding towns such as Shrewsbury, Wrexham and Nantwich, with enhanced links planned.
shropshire.gov.uk

The town supports a diverse local economy with a strong retail and service sector, substantial independent business presence and notable employers in logistics and food production.
Close to Cheshire and the Welsh border, Whitchurch is renowned for its weekly market, range of amenities and strong community base. Its strategic position, robust transport links and established catchment underpin ongoing economic activity, making the location highly suitable for investment in commercial and mixed-use property.

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11 Watergate Street - IMG_E4006.JPG