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Holly House

Shop for sale

£350,000 469 sq ft

Halls Holdings Limited
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Contacts

Huw Bevan - Halls Holdings Limited

James Evans - Halls Holdings Limited

Full address
Station Rd, Shrewsbury SY5 0BA – SY5
Highlights
  • Significant scope for commercial/residential redevelopment
  • Self-contained 3 bedroom dwelling
  • Income producing £13,200 per annum
Property type
Shop for sale
Asking price
£350,000
Available space range
There is 1 space available. This measures 469 sq ft.
Features
Security System, Storage Space
Brochure
Download the brochure

Sale details

Sale unit 4027331 Available

469 sq ft, £746.27 per sq ft

Unit Sale unit 4027331
Address Station Rd, Shrewsbury, Shropshire, SY5 0BA, GB
Size 469 sq ft
Price £350,000
Price per unit £746.27 per sq ft
Unit Sale unit 4027331
Address Station Rd, Shrewsbury, Shropshire, SY5 0BA, GB
Size 469 sq ft
Price £350,000
Price per unit £746.27 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 3.77%
Financial type Actual
Financial year 2018
Net operating income £13,200

Sale notes

  • The main property, comprising at ground floor level butchers shop, post office and ancillary accommodation with a residential flat to the first and second floors in the main is of brick elevations under a pitched and slated roof.
  • The property offers a butchers shop, let under internal repairing and insuring commercial terms with a remaining term unexpired of 1 year and extending to gia 31.05 m sq (334 sq ft), with a current passing rent of £4,800 per annum.
  • The main retail front extends to gia 87.34 m sq (940 sq ft) and comprises a vacant retail floor – the premises has historically traded as a convenience store/post office and will be offered vacant possession on completion.
  • (historic trading figures will be available to interested parties.
  • ) accessed via an internal staircase first and second floor accommodation offers a large three bedroom residential flat, at first floor kitchen, utility, living and dining rooms.
  • At second floor level, three large double bedrooms and a family bathroom.
  • The total residential accommodation extends to 165 m sq (1,776 sq ft).
  • To the exterior of the property a single storey and detached, self-contained takeaway extending to 45 m sq (484 sq ft) and let to little efes under full repairing and insuring commercial terms with a term of 15 years, with 8 unexpired at a passing rent of £8,400 per annum.
  • (consideration may be given to the sale of the takeaway as a standalone property, and further details are available via the selling agents).
  • Further external accommodation comprises a large garden and yard, with two garages 14 m sq (150 sq ft) and 15 m sq (161 sq ft).
  • The site would be suitable for a range of uses, being residential/ commercial redevelopment, investment and owner occupation.
  • The full scale and scope of the site cannot be appreciated without a full internal inspection.
  • The properties occupy a prominent position in the centre of the village of minsterley, adjacent to the minsterley brook.
  • Minsterley has a population of 1,777 (2011 census).
  • Shrewsbury is the county town of shropshire, with a population of circa 100,000..
  • The motorway network is accessible via the m54 which connects to the m6 and it also has excellent links with the a49, a5, a53 and a458..
  • The area is a popular destination for tourist, being on the edge of the shropshire hills area of outstanding natural beauty.
  • Income producing £13,200 per annum, significant scope for commercial/residential redevelopment ,self-contained 3 bedroom dwelling.
  • Freehold title number sl153647, gia 377 m sq (4,057 sq ft).

Property description

The main property, comprising at ground floor level butchers shop, post office and ancillary accommodation with a residential flat to the first and second floors in the main is of brick elevations under a pitched and slated roof. The property offers a butchers shop, let under internal repairing and insuring commercial terms with a remaining term unexpired of 1 year and extending to GIA 31.05 M SQ (334 SQ FT), with a current passing rent of £4,800 per annum. The main retail front extends to GIA 87.34 M SQ (940 SQ FT) and comprises a vacant retail floor – the premises has historically traded as a convenience store/post office and will be offered vacant possession on completion. (Historic trading figures will be available to interested parties.) Accessed via an internal staircase first and second floor accommodation offers a large three bedroom residential flat, at first floor kitchen, utility, living and dining rooms. At second floor level, three large double bedrooms and a family bathroom. The total residential accommodation extends to 165 M SQ (1,776 SQ FT). To the exterior of the property a single storey and detached, self-contained takeaway extending to 45 M SQ (484 SQ FT) and let to Little Efes under full repairing and insuring commercial terms with a term of 15 years, with 8 unexpired at a passing rent of £8,400 per annum. (Consideration may be given to the sale of the takeaway as a standalone property, and further details are available via the selling agents). Further external accommodation comprises a large garden and yard, with two garages 14 M SQ (150 SQ FT) and 15 M SQ (161 SQ FT). The site would be suitable for a range of uses, being residential/ commercial redevelopment, investment and owner occupation. The full scale and scope of the site cannot be appreciated without a full internal inspection. The properties occupy a prominent position in the centre of the village of Minsterley, adjacent to the Minsterley Brook. Minsterley has a population of 1,777 (2011 census). Shrewsbury is the county town of Shropshire, with a population of circa 100,000. The motorway network is accessible via the M54 which connects to the M6 and it also has excellent links with the A49, A5, A53 and A458. The area is a popular destination for tourist, being on the edge of the Shropshire Hills area of outstanding natural beauty.

Building subtype
Fast food
Number of storeys
1
Rentable building area
469 sq ft
Year built
1975

Attachments

PDF #1 Marketing brochure/flyer Download

Major tenants

Little Efes 469 sq ft

This shop for sale is located in SY5.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Halls Holdings Limited. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Halls Holdings Limited for full details and further information.