The property is situated fronting onto Horsefair in Abbey Foregate on the edge of Shrewsbury Town Centre, where all local amenities are available. Shrewsbury also benefits from being a historic and tourist centre.
The property comprises of a part two storey and part single storey property which is currently trading as a betting office for William Hill. To the rear of the property there is a two storey property, which is sold with vacant possession, which is in need of a comprehensive scheme of refurbishment works. The property benefits from vehicular access from Horsefair and would lend itself to a variety of uses subject to the receipt of the relevant statutory consents.
The property is understood to be Grade II listed.All measurements are approximate.
Ground FloorSales Area1276 ft �
Staffroom41 ft� (3.81 m�)
First FloorStores 945 ft� (98.78 m�)
Rear Structure (Dilapidated)
Ground Floor743 ft� (69.02 m�)
First Floor743 ft� (69.02 m�)The freehold interest in the property is sold subject to the following occupational tenancy.
AddressTenantLease Commencement DateLease Expiry DateRent Review/Tenants Option to DetermineRepairing Obligations Rent
Ground and First Floors to 1A Horsefair, Abbey Foregate, Shrewsbury SY3 7FACamec Limited12th April 200511th April 202512th April 2015 (the rent review for 12th April 2012 has not been initiatedFull Repairing and Insuring£13,250
Property at rearVacant possessionVerbal enquiries were made to the charging authority and we were advised as follows:-
Unit 1A (Rateable Value £10,750)
( Agency Pilot Software Ref: 33245 )