Call us on:   01743 450 700
16 Pride Hill, Shrewsbury, Shropshire SY1 1SZ 1SZ
£45,000 per annum
PROPERTY FEATURES
  • Four storey lock-up shop unit with glazed frontage
  • Total Ground Floor Net Sales Area of approximately 654 sq ft (60.75 sq m)
  • Prime retailing pitch within Pride Hill
PROPERTY DESCRIPTION

LOCATION

The property is situated in a prime retailing pitch on Pride Hill in the town centre of Shrewsbury, between the entrances of the Pride Hill and the Charles Darwin Shopping Centres.

Nearby occupiers include Waitrose, Marks & Spencers, WH Smith, Superdrug, Boots and Hotel Chocolat.

The property is located in the historic market and county town of Shrewsbury, in a prime location on the northern side of the pedestrianised Pride Hill.

Shrewsbury is a historic market town and tourist centre located approximately 15 miles west of Telford and approximately 43 miles north-west of the city of Birmingham.

It is the county town of Shropshire with a borough population in excess of 90,000 people and an estimated retail catchment in excess of 250,000 people within 30 minutes drive. Shrewsbury Tourism Economic Impact Assessment estimates that in excess of 2.5 million people visit the town annually with an estimated tourism spend of £130,000,000.

DESCRIPTION

The property comprises a four storey lock-up shop unit providing a Total Ground Floor Net Sales Area of approximately 654 sq ft (60.75 sq m). The premises benefit from a glazed frontage onto Pride Hill and a further three floors comprising retail sales on the first floor and stores and welfare facilities over the upper floors.

The property benefits from a basement/lower level providing staffroom and stores.

The property is of traditional construction and is Grade II Listed.(All measurements are approximate only)

Ground Floor

Sales Area 654 ft sq (60.75 m sq)

First Floor

Sales/stores 675 ft sq (62.70 m sq)

Second Floor

Stores 355 ft sq (32.98 m sq)

Third Floor

Stores 379 ft sq (35.21 m sq)

Basement/Lower Ground Floor

Staffroom 112 ft sq (10.40 m sq)

Stores 670 ft sq (62.24 m sq)The property is offered to let on a new lease for a length of lease by negotiation. There will be rent reviews at three yearly intervals.

The lease will be granted on Tenants Full Repairing and Insuring terms.We have made non-verbal enquiries to the local authority and have been advised as follows:

Business Rates: £42,250

Rateable Value: £20,280

Interested parties should make their own enquiries to the local authority.

Call us on:   01743 450 700
16 Pride Hill, Shrewsbury, Shropshire SY1 1SZ 1SZ
£45,000 per annum
Call us on:   01743 450 700
16 Pride Hill, Shrewsbury, Shropshire SY1 1SZ 1SZ
£45,000 per annum
LOCATION
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