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INVESTMENT OPPORTUNITY *, Toni and Guy, 37 Castle Street, Shrewsbury, Shropshire, SY1 2BW

For sale: £600,000.00

Property details

FOR SALE£600,000.00
ADDRESSINVESTMENT OPPORTUNITY *, Toni and Guy, 37 Castle Street, Shrewsbury, Shropshire, SY1 2BW
TENUREFor Sale Freehold
POSTED ON27th April 2021

Description

The property comprises of a four storey property with a basement which is currently
arranged as two shop units with a basement to 37 Castle Street (Toni and Guy) and the upper floors in residential use. The property has been subject to comprehensive works recently as part of the conversion works to provide residential apartments. This has included an overhaul of the property structure externally.

The property is now in good order which holds an attraction for future asset management. 37 Castle Street is currently in use as a hairdressers trading as Toni and Guy, and 38 Castle Street is currently trading as a cafe/tearoom. The upper floors are in residential use. The property is of traditional construction with two glazed shop frontages onto Castle Street.

Shrewsbury is the county town of Shropshire and is an established tourist and administrative centre, located 45 miles north west of Birmingham, 41 miles south of Chester and 15 miles west of Telford.

The town has good road communications with the A49 linking the town with the Midlands and the North of England, and the A5 providing access to the M54 and M6 motorways.

The subject property is located on the south side of Castle Street, which is one of the main thoroughfares and forms a continuation of Pride Hill which is the town's recognised retail core.

The property occupies a prominent position directly opposite the Darwin Shopping Centre, and in particular, the entrances to Marks and Spencers and H and M.




Prominent town centre location in sought after town of Shrewsbury

Variety of surrounding national multiples including Marks and Spencer and H and M

Two shop units, one let to national multiple Mascolo Limited (trading as Toni and Guy)

Further income secured from ground rents of residential units

Rare investment opportunity in Shrewsbury town centre
( Agency Pilot Software Ref: 33187 )

Location

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Location: INVESTMENT OPPORTUNITY *, Toni and Guy, 37 Castle Street, Shrewsbury, Shropshire, SY1 2BW

Shrewsbury (0.2 miles)

Yorton (6.9 miles)

Wellington (Shropshire) (9.8 miles)

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