SIGNIFICANT MIXED COMMERCIAL & RESIDENTIAL FREEHOLD OPPORTUNITY
Income producing £11,300 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, 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 2 years and extending to GIA 31.05 M SQ (334 SQ FT).
The main retail front extends to GIA 87.34 M SQ (940 SQ FT) and comprises at present, retail floor, post office, sorting office and office accommodation – 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 £6,500 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.