Property description
Offers Invited for a New Lease
Well Located A5 Takeaway Premises
In one of the main areas of
Shrewsbury’s Night Time Economy
Available on a New Excluded Tenancy, Subject to Premium
Location
The property is located fronting Castle Foregate, one of the premier areas of Shrewsbury for Takeaway and Fast Food Premises, serving the Night time economy, with close proximity to the Buttermarket, Railway Station, Bus Station and Taxi Services, being located on the immediate edge of Shrewsbury town centre. Shrewsbury is the County town of Shropshire located 56 miles to the North West of Birmingham, 40 miles South of Chester and 15 miles West of Telford. The town benefits from good communication links with the M54 Motorway linking to junction 10 and 11 of the M6 Motorway and the rest of the country's National Network Motorway Network. The M54 connects to the A5 Shrewsbury ringroad and also the A49 eastern ringroad extension to the North of the town. Rail services to London Euston are available in approximately 2 hours 35 minutes. Major facilities include the Pride Hill Centre and the Darwin Centre.
Description
The property comprises, the ground floor of No. 75 Castle Foregate, a property which has been long established as an A5 Takeaway.
Accomidation
Retail area (non-structural partition) Preparation / Freezer RoomRear Lobby / Staff AreaW.C.
Lease
The property is available on a new Full Repairing and Insuring 10 year Lease, subject to five yearly upward only rent reviews. The new Lease is to be an excluded \"Contracted Out\" Tenancy
Commercial Rental
â¢Year 1 - £9,500â¢Year 2 - £10,500 â¢Year 3 - £11,500 until review
NOTE
In addition to the rental premium, offers are invited for the new Lease (Subject to Contract and satisfactory references).
Services
The property has the following mains services: water, gas, electricity and drainage.
Opening Hours
The previous occupier had the benefit of the following opening hours: Sunday to Tuesday11:00am to 01:00amWednesday to Saturday11:00am to 03:00am
Legal Fees
The tenant to be responsible for the Landlords reasonable legal fees plus VAT and also to be responsible for any abortive legal fees, once Solicitors have been instructed.
RATES
The rateable value for the property is £5,900 per annum and listed as a Shop and Premises.
Local Authority
Shropshire CouncilShirehallAbbey ForegateShrewsbury SY2 6NDTelephone: 0345 678 9000
Planning
The property is understood to benefit from planning consent for A5 (2005) Order Takeaway Consent.
Viewing
Strictly by prior appointment through the sole Letting Agents.Contact: Julian F. Spencer BSc. (Est. Man.) MRICSJulian Spencer Associates LimitedEstate House46A MardolShrewsburySY1 1PPEmail:julian@julianspencer.comTelephone: 01743 297297