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MapMixed use for sale
Toni & Guy, 37 Castle Street, Shrewsbury, Shropshire, SY1 2BW
Mixed use
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
Mobile signal:
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Features and description
- Variety of surrounding national multiples including Marks & Spencer and H&M
- Two shop units, one let to national multiple Mascolo Limited (trading as Toni & Guy)
- Further income secured from ground rents of residential units
- Rare investment opportunity in Shrewsbury town centre
Description
The property comprises of a four storey property with a basement which is currently arranged as two shop units with a basement to 37 Castle Street (Toni & Guy) and the upper floors in residential use. The property has been subject to comprehensive works recently as part of the conversion works to provide residential apartments. This has included an overhaul of the property structure externally.
The property is now in good order which holds an attraction for future asset management. 37 Castle Street is currently in use as a hairdressers trading as Toni & Guy, and 38 Castle Street is currently trading as a cafe/tearoom. The upper floors are in residential use. The property is of traditional construction with two glazed shop frontages onto Castle Street.
Shrewsbury is the county town of Shropshire and is an established tourist and administrative centre, located 45 miles north west of Birmingham, 41 miles south of Chester and 15 miles west of Telford.
The town has good road communications with the A49 linking the town with the Midlands and the North of England, and the A5 providing access to the M54 and M6 motorways.
The subject property is located on the south side of Castle Street, which is one of the main thoroughfares and forms a continuation of Pride Hill which is the town's recognised retail core.
The property occupies a prominent position directly opposite the Darwin Shopping Centre, and in particular, the entrances to Marks & Spencers and H&M.
Anti-money laundering (AML) checks
We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
The property comprises of a four storey property with a basement which is currently arranged as two shop units with a basement to 37 Castle Street (Toni & Guy) and the upper floors in residential use. The property has been subject to comprehensive works recently as part of the conversion works to provide residential apartments. This has included an overhaul of the property structure externally.
The property is now in good order which holds an attraction for future asset management. 37 Castle Street is currently in use as a hairdressers trading as Toni & Guy, and 38 Castle Street is currently trading as a cafe/tearoom. The upper floors are in residential use. The property is of traditional construction with two glazed shop frontages onto Castle Street.
Shrewsbury is the county town of Shropshire and is an established tourist and administrative centre, located 45 miles north west of Birmingham, 41 miles south of Chester and 15 miles west of Telford.
The town has good road communications with the A49 linking the town with the Midlands and the North of England, and the A5 providing access to the M54 and M6 motorways.
The subject property is located on the south side of Castle Street, which is one of the main thoroughfares and forms a continuation of Pride Hill which is the town's recognised retail core.
The property occupies a prominent position directly opposite the Darwin Shopping Centre, and in particular, the entrances to Marks & Spencers and H&M.
Anti-money laundering (AML) checks
We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Property information from this agent
About this agent
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield
Shrewsbury, Shropshire
SY4 3DR
01743 534860Halls 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.