Long leasehold town centre retail investment. Located opposite M&S, H&M and in close proximity to Pride Hill and The Darwin centre.
Summary
- Long leasehold town centre retail investment.
- Prominent location in sought after Regional town.
- Located opposite Marks & Spencer, H&M and in close proximity to Pride Hill and the Darwin Shopping Centre.
- A short walk to Shrewsbury's railway and bus stations and adjacent to the towns main bus stops.
- Rent £22,000 per annum exclusive.
- 7.7% gross yield (7.3% NIY allowing for purchasers costs at 5.6%).
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground - Sales Area | 757 | 70.33 | Let |
| Ground - Kitchen | 90 | 8.36 | Let |
| Ground - Office | 166 | 15.42 | Let |
| Total | 1,013 | 94.11 |
Location
Located at the top of Castle Street in Shrewsbury’s town centre, opposite Marks & Spencer and H&M, neighbouring Barclays and a range of independent retailers. Castle street is one of the main arterial routes for both pedestrian and vehicle access through town, connecting the railway and bus stations to the heart of Shrewsbury.
Shrewsbury is the county town of Shropshire with a borough population of roughly 80,000 and a substantial catchment extending into Mid-Wales.
Get directions from Google Maps
Mainline Stations
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Shrewsbury4 mins
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Yorton134 mins
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Wellington (Shropshire)190 mins
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Wem198 mins
Underground Station
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Chesham2204 mins
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Reading2217 mins
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Amersham2233 mins
-
Twyford2260 mins
Further Information
Price Offers in excess of £275,000
EPC Rating This property has been graded as B (44)
Description
39-40 Castle Street is a ground floor retail unit located on Shrewsbury’s popular Castle Street. The front elevation has a recessed, good sized shopfront and the unit is deemed suitable for a variety of uses.
Viewings
Strictly via Cooper Green Pooks
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