Property description
A rare chance to purchase this impressive property with an attractive shop front and spacious apartment above. Approximately 43.12 square meters the shop is currently quipped for fast food service. There is a utility area and courtyard to rear. Side entrance allows access to a two bedroom apartment in need of a scheme of refurbishment, currently let on a short hold tenancy agreement.
Location
The property is well located on Castle Foregate in the Town Centre A5 Takeaway corridor close to the Town, Railway Station, Bus Station and a number of night spots within easy walking distance of Shrewsbury Town centre.
Description
A rare chance to purchase this impressive freehold property with attractive shop window and spacious apartment above, providing own occupation or additional income.
Shop - 28' 10'' x 16' 1'' (8.80m x 4.90m) approx
Utility room - 8' 5'' x 6' 6'' (2.56m x 1.98m)
Apartment
The generous town centre apartment would benefit from some updating to realise its full potential.
Side entrance
Stairway leading to fist floor.
Living Room - 12' 8'' x 12' 5'' (3.87m x 3.79m)
With window to front.
Kitchen - 10' 10'' x 8' 11'' (3.31m x 2.72m)
Bathroom - 7' 4'' x 6' 2'' (2.23m x 1.88m)
Bedroom One - 13' 1'' x 7' 12'' (3.99m x 2.43m)
Top Floor Bedroom - 15' 5'' x 6' 2'' (4.71m x 1.88m)
Outside Rear
Useful storage building.
To Lease
To lease: £12,000 per annum on a new full repairs lease. Terms to be agreed.
To purchase
To purchase: The free hold is available for offers in the region of £325,000.Business: The business and the goodwill fixtures and fittings is available by separate negotiation will often be based on £70,000.The above sums exclude VAT if available.
The terms
The terms regarding the Sale/Lease are available upon request.
NOTE
The agent has not been able to verify the availability and nature of services. All interested parties should obtain verification through their solicitor or surveyor before entering a legal commitment to purchase.Please note that our room sizes are quoted in metres to the nearest one tenth of a metre on a wall to wall basis. The imperial equivalent (included in brackets) is only intended as an approximate guide. We have not tested the services, equipment or appliances in this property; also, please note that any fixture, fittings or apparatus not specifically referred to in these details, is not included in the sale, even if they appear in any internal photographs. You are advised to commission appropriate investigations and ensure your solicitor verifies what is included in the sale, before entering a legal commitment to purchase. While we try to make our sales details accurate and reliable,Spencer & Jakeman does not give, nor does any Officer or employee have authority to give, any warranty as to the accuracy of any statement, written, verbal or visual. You should not rely on any information contained in these details when deciding whether to view or purchase.
Image of living room