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Map4 bedroom property for sale
High Street, Shrewsbury
Property
4 beds
4 baths
1705
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Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 2300Mbps *
Mobile signal:
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Features and description
- Retail unit let on a 7 year lease to Coastguard Road Limited (CRN 01154129) t/a Moshulu (shoe retailer) who have 23 stores in affluent towns across the UK.
- Recently renovated three storey residential four bedroom furnished HMO to upper floors, with separate access off High Street.
- Uppers currently fully let on Assured Short Term Tenancies (ASTs) .
- Current passing rent from whole building is £45,000 per annum.
- Price: Seeking offers of £600,000 (six hundred thousand pounds), reflecting a gross initial yield of 7.5%.
- EPC rating for Ground Floor is D 93.
- EPC for Residential Uppers is B 82.
The property comprises a Grade 2 listed period building (constructed of brick elevations) fronting directly onto High Street. There is a modern shop front for the retail unit and a separate dedicated entrance to the residential accommodation above. The building has been recently renovated to provide a four bedroom House of Multiple Occupancy (HMO) above with a shop unit at ground.
The residential accommodation has been finished to a high standard (see photos) and all rooms are currently let at the time of drafting the particulars. The retail unit is let to Coastguard Road Limited t/a Moshulu, who have 23 stores located in affluent towns throughout the UK.
Location
High Street is located in the town centre and forms part of a one-way traffic loop through the town centre which is closed to car traffic at weekends (there is an alternative car route around the town centre via Town walls). There are bus stops along its route and the town’s bus depot and railway station are within easy walking distance.
As the county town and administrative centre of Shropshire, Shrewsbury has a borough population of roughly 80,000 (according to previous census), a 5% rise since 2020 and a larger catchment extending into Mid Wales of roughly 600,000 people.
It is strategically situated at the intersection of the A49 from the South of Wales and the A5 trunk road leading to the North of Wales and Telford and Birmingham on the M54.
The residential accommodation has been finished to a high standard (see photos) and all rooms are currently let at the time of drafting the particulars. The retail unit is let to Coastguard Road Limited t/a Moshulu, who have 23 stores located in affluent towns throughout the UK.
Location
High Street is located in the town centre and forms part of a one-way traffic loop through the town centre which is closed to car traffic at weekends (there is an alternative car route around the town centre via Town walls). There are bus stops along its route and the town’s bus depot and railway station are within easy walking distance.
As the county town and administrative centre of Shropshire, Shrewsbury has a borough population of roughly 80,000 (according to previous census), a 5% rise since 2020 and a larger catchment extending into Mid Wales of roughly 600,000 people.
It is strategically situated at the intersection of the A49 from the South of Wales and the A5 trunk road leading to the North of Wales and Telford and Birmingham on the M54.
Property information from this agent
About this agent
Cooper Green Pooks is a result of the combination of two of Shrewsbury’s longest established estate agents, Cooper Green and Pooks. Having initially both set up in the 1880′s, the two businesses joined forces in 1993 and in 2013 moved into the prominent, newly refurbished premises in Barker Street in Shrewsbury town centre. The business currently employs 28 members of staff. The same customer and client care which has ensured the firm’s success over the years has been improved and built upon with the use of the best available agency and management software, a cutting edge website and use of the latest marketing tools. Being awarded both Gold and Silver in the prestigious ESTAS 2013 Sales and Letting Agent Awards demonstrates the excellent service offered and the high level of client satisfaction. The awards are based solely on client votes and are independently verified. The business is regulated by the RICS (Royal Institution of Chartered Surveyors) and by ARLA (Association of Residential Letting Agents). This ensures that the business adheres to a very strict code of conduct which gives complete protection to both clients and customers. Cooper Green Pooks has four departments: Residential Sales Residential Lettings Commercial Agency and Professional Services Commercial Management Each department has its own team of experienced and knowledgeable partners and staff to provide valuable, reliable advice and an energetic, proactive level of service. Opening hours: Monday to Friday 9am to 5.30pm Saturday 9am to 3pm
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