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£350,000Freehold

Holly House, Minsterley, Shrewsbury, Shropshire SY5 0BA

4057 Sq ft.
  • SIGNIFICANT MIXED COMMERCIAL & RESIDENTIAL FREEHOLD OPPORTUNITY
  • 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)

The main property, comprising at ground floor level butchers shop, vacant retail premises 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 4 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 single storey storeroom with gas central heating and an attached lavatory and handwash basin extending to 31.7 M SQ (341 sq ft), 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.

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