Summary

Property Type Pub / Bar / Club / Residential / Restaurant
Tenure For Sale
Size 9,320 sq ft
Price Offers in the region of £1,500,000
Rates Payable £72,891 per annum
  • Located in the sought after area of the town of Shrewsbury known as Abbey Foregate in the southwest edge of Shrewsbury town centre.
  • A prominently located part three, part two and part single storey terrace of properties that have until recently traded as a restaurant and as a licenced entertainments venue and is being sold with vacant possession together with a three bedroomed residential flat.
  • An attractive part listed property dating back to the 15th century and providing commercial accommodation with a Total Gross Internal Floor Area of approximately 9,320 ft sq (865.77 m sq) over the ground floor with significant potential for a variety of commercial and residential uses subject to statutory consents.
  • Viewing strongly recommended to appreciate the potential of the property.
  • Available as a whole or alternatively as three separate properties
  • Total Site Area 0.273 acres (0.11 hectares)

About

The property provides a terrace of building structures that is currently arranged to provide a property that has until recently traded as a restaurant with a licenced entertainment venue that provides within the commercial accommodation that is arranged over the ground and first floor a Total Gross Internal Floor Area of approximately 9,320 ft sq (865.77 m sq). The property also benefits from a three bedroomed residential flat that has a separate external entrance and is arranged over the first and second floor of 22 Abbey Foregate.

The commercial accommodation on the ground and the two first floor areas provides a variety of restaurant areas, a variety of bar areas with a dance floors and a commercial kitchen and toilets and ancillary accommodation. The property structures are in part Grade 2 star and Grade 2 listed and benefit externally and internally from a wealth of features within part timber framed buildings thought to date back to the 15th century. An inspection of the property is necessary to fully appreciate the potential of the property. The property would lend itself to a variety of leisure/retail and residential uses subject to statutory consents.

The property is offered for sale as a whole or as three separate properties. Further details are available from the selling agents upon request.

Location

The property is prominently located in the sought after area of the town of Shrewsbury known as Abbey Foregate. The property is located on the southwest edge of Shrewsbury town centre within proximity of all local amenities. The property enjoys a significant road frontage onto Abbey Foregate and access from Railway Lane. The property is located in an area of mixed development with surrounding occupiers including the historic Abbey Church, Abbey Foregate Shropshire Wildlife Trust and Hair21.

The property is located in proximity to the English Bridge and a variety of tourist attractions and is within easy access of the A5/M54 Link Road that provides access to the national road network.
Shrewsbury is a market town, civil parish and the county town of Shropshire. It is sited on the River Severn, 33 miles (53 km) northwest of Wolverhampton, 15 miles (24 km) west of Telford, 31 miles (50 km) southeast of Wrexham and 53 miles (85 km) north of Hereford. At the 2021 census, the parish had a population of 76,782.
Located 9 miles (14 km) east of the England–Wales border, Shrewsbury serves as the commercial centre for Shropshire and parts of mid-Wales, with a retail output of over £299 million per year and light industry and distribution centres, such as Battlefield Enterprise Park, on the outskirts. The A5 and A49 trunk roads come together as the town's by-pass and five railway lines meet at Shrewsbury railway station.

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17-22 Abbey Foregate - IMG_0143.JPEG

Further Information

  • Tenure

    The property is offered for sale freehold with vacant possession.
    The property is held under the ownership of Title Numbers SL107728, SL51050, SL189946, SL147720 and SL177428.
    The property in part is subject to a flying freehold interest in favour of a property in “third party” ownership.

  • Planning

    The property is understood to be Grade 2 star and Grade 2 listed and to currently have planning consent for Use Classes E, Sui Generis and Use Class C3 (residential).
    Prospective Purchasers should rely on their own enquiries.

  • Services

    (not tested)
    We understand that all mains services are connected to the property.
    We understand that the properties known as properties A,B and C have their own separate mains metered supplies.

  • Licencing

    The property is understood to benefit from a full alcohol licence and restaurant licence, prospective purchasers should make their own enquiries.