St James's House, Anchorage Avenue

Shrewsbury Business Park, Shrewsbury, SY2 6FG

2,015 sq ft

ATTRACTIVE INVESTMENT OPPORTUNITY

Summary

Modern two storey semi-detached office building.
Attractive sought-after setting.
8 car parking spaces.
Modern well-appointed accommodation providing a mix of open plan and cellular accommodation.
Fully Let producing a total rental income of £30,000 per annum.

Accommodation

The accommodation comprises the following areas:

Description	sq ft	sq m
GF	1,012	94.02
FF	1,003	93.18
Total	2,015	187.20

St James's House, Anchorage Avenue - I1.jpeg

Location

The property occupies a sought-after location within the popular Shrewsbury Business Park, being situated approx. 2 miles southeast of Shrewsbury Town Centre with excellent public transport links.

Shrewsbury Business Park is the premier office location in Shrewsbury, located adjacent to the A5 trunk road, giving access to A49 and the M54 motorway. The business park has attracted a number of high profile occupiers including Handelsbanken, Brewin Dolphin, NFU Mutual and WR Partners, and offers a number of onsite facilities including Busy Bees Daycare, Greggs, Co-op and The Holiday Inn Express.

The surrounding areas of the business park are now being developed with the new additions of Hatfields Jaguar Land Rover, Shell Petrol Station and Starbucks Drive Thru. The Meole Brace Retail Park, Bannatyne's Fitness and restaurant/conference facilities at Shrewsbury Town Football Club are within a short distance away (1 mile).

Get directions from Google Maps

Further Information

Price Offers in excess of £450,000

EPC Rating This property has been graded as B (33)

Description

The property comprises a modern semi-detached two storey office building extending to approximately 2,015 sqft (187.33 sqm) with generous on-site car parking facilities for 8 cars.

The offices provides high-quality accommodation incorporating raised carpeted floors, suspended ceiling with inset lighting and air conditioning.

The accommodation is well appointed providing a mix of open plan and cellular offices arranged over 2 floors with ground floor reception area and staff welfare facilities on each floor.

Terms

The ground floor is currently Let to Lewis Wealth Management Limited for a term of years which expired on 30th June 2024 at an annual rent of £15,000 per annum exclusive. The tenant is currently holding over.

The first floor is currently let to St Marys School Limited (guaranteed by its directors) for a term of 6 years from 20th December 2024, subject to a Tenant only break option and upward only rent review on the third anniversary of the term. The lease is granted on a tenant's pro rata full repairing and insuring lease at a rent of £15,000 per annum exclusive.

There is a service charge for the building payable equally by the respective tenants. This is in addition to the estates service charge payable for the communal areas of Shrewsbury Business Park. Further details are available from the Selling Agent upon request.