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Retail property (high street)

Retail property (high street)
414
Added > 14 days

Features and description

  • Prominently located shop premises with two residential houses in the sought after town of Oswestry
  • The retail accommodation is extensively fitted out as a sewing and embroidery shop
  • Located close by to Home bargains, Catalogue express, Sebastian restaurant, S R Drinnan Optometrist and the Townhouse Bar and restaurant.
  • Total annual income of £18,000 per annum
  • Detached Brick barn to the rear suitable for a variety of uses subject to statutory consents
  • Ample parking included
  • Gibsons nightclub can be included by separate negotiation
Description
The property provides a fully let property investment opportunity consisting of a retail shop fronting on Willow Street which is currently let to a sewing and embroidery shop, the property also includes two residential town houses which are located above and to the rear of the retail shop unit.

The property is partly two and three storey and is of traditional brick construction with slate tiled roofs. The property includes vehicular access to the side of the property which leads to a good size car park which is included in the sale. The retail shop is ground floor only which is approximately 38.6 sq m (415.49). One residential property is understood to be 2 bedrooms and the other 4 bedrooms.

The outbuilding is two storey and a generous size which could be used for a variety of alternative uses. It is currently being used for storage but could be converted into workshops/residential accommodation subject to planning.

Location
The property is prominently located fronting onto Willow Street in the town centre of Oswestry. Willow Street serves as a main arterial road within the town centre of Oswestry.

The property is located close by to Home bargains, Catalogue express, Sebastian restaurant, S R Drinnan Optometrist and the Townhouse Bar and restaurant. The area is a mixed commercial/residential area.

Oswestry is an established market town and administrative centre in North Shropshire. The town has all local amenities and had a population of 17,105 at 2011 census.

The town is strategically well located at the junction of A5, A483 and A495 and is located approximately 19 miles north west of the county town of Shrewsbury, approximately 27 miles south of the City of Chester and approximately 15 miles south of the town of Wrexham.

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About this agent

Halls - Commercial Property
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield Shrewsbury, Shropshire SY4 3DR
01743 534860
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Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. Agency Services Our commercial agency team are on hand to offer friendly advice and market appraisals, helping you buy and sell commercial property throughout Shropshire, Worcestershire, Mid Wales, the West Midlands and beyond. We advise investors and developers on selling and acquiring commercial property, while also assisting with the acquisition of new premises or disposing of unwanted space. From offices and retail to industrial and leisure-based properties, we can guide you through the sale of all types of commercial property. Offering advice at every stage, we will help you find the best route to market and give you advice on how to attract the right buyers. We can also give guidance on development land, whether owner occupied or held as an investment. With strong links to buyers, our skilled and knowledgeable team are on hand to advise from start to finish. This includes guidance on any works required prior to sale, including applications for planning consent, refurbishment programmes and tenant disputes. Management Services Offering a strategic approach, we always have your future needs in mind. Whether you’re an experienced landlord or a one-off investor, we understand that your priority is to increase the value of your investment while minimising void periods and building a strong tenant profile. Working closely with our in-house marketing and PR team, we have a comprehensive tenant vetting process to help minimise your risks. If you’re looking to expand your commercial property portfolio, we will take the time needed to gain a full understanding of your needs and match you with properties suited to your business requirements within your timescales. Professional Property Services Halls Commercial is a team of RICS Registered Valuers with professional indemnity insurance cover of £10 million. As you would expect we are on the valuation panels of most of the major banks including Barclays, Lloyds, Royal Bank of Scotland, HSBC, NatWest, Handelsbanken, and Clydesdale. Our experienced team of valuers operates in accordance with RICS Valuation Standards (Red Book), International Financial Reporting Standards (IFRS) and UK GAAP and alongside the years of experience across our Commercial team, our valuations are backed by the latest valuation and appraisal software.
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