ADDRESS8-10 Mount Pleasant Road, Shrewsbury, Shrewsbury, SY1 3BQ
TYPEGeneral Retail, Other, Retail, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON20th September 2020
The property comprises of a part two and part single storey property arranged to provide a lock up shop unit trading as a convenience store and providing a total sales area of approximately 962 sq ft (89.4 sq m) with 2 separate rear stores of 340 sq ft (31.6 sq m) with welfare facilities. The property benefits from full length glazed display frontages. The first floor residential accommodation provides two self contained 2 bedroom flats. Both are presently let and occupied and offer similar type accommodation comprising of a kitchen, bathroom and lounge areas and they are accessed via an internal and an external staircase within the parade.
The property occupies a prominent location fronting onto Mount Pleasant Road and forms part of a neighbourhood shopping parade, ,which is approximately 2 miles north of Shrewsbury Town Centre. The property is situated close to the established commercial/industrial area of Harlescott and in a densely populated residential area.
Shrewsbury is the county town of Shropshire and an administrative and tourist centre with a population of approximately 71,715 at the 2011 census and has a significant catchment population.
The town is located within easy access of the A5/M54 which provides access to the national road network. Prominently located on the edge of Shrewsbury town centre, Showing a Net Intial Yield of 7.1% after normal purchasers costs ( Agency Pilot Software Ref: 39903 )