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Agent's details

Heritage House

For sale: £400,000.00|1,885 Sq Ft|General Retail, Office, Other, Retail, Offices, Other Property Types & Opportunities

Property details

FOR SALE£400,000.00
SIZE1,885 Sq Ft
ADDRESSHeritage House, 51 Racecourse Crescent, Shrewsbury, SY2 5BW
TYPEGeneral Retail, Office, Other, Retail, Offices, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON3rd March 2023

Description

Key Points

  • Former Heritage Glass showroom prominently located at the junction of Monkmoor Road and Racecource Crescent
  • Two storey property providing a showroom and offices above with off road car parking
  • Suitable for a variety of commercial uses (subject to statutory consents) and suitable for residential development
  • Total Gross Internal Floor Area of approximately 1,885 ft sq ( 175.10 m sq) and with a Total Site Area of approximately 0.12 acres (0.05 hectares)
  • Of interest to owner occupiers/property investors/property speculators and developers
  • Consideration would be given to the letting of the ground floor showroom only, which is 3 self contained units
  • Summary

    Two storey property providing a showroom and offices above with off road car parking, of interest to owner occupiers/investors/developers

    Description

    The very prominently located property has until recently been used as a double glazing retail showroom on the ground floor and offices on the first floor. The property is part two storey and part single storey, benefits from generous off road parking and would lend itself to a variety of commercial uses and residential development, subject to statutory consents. There is a glazed return frontage to the ground floor and the property is of traditional construction. The building benefits from a tenant intercom system and is fitted with 2 separate alarms, for showroom and tenants side upstairs/downstairs.

    The ground floor is arranged to provide a showroom, offices and welfare facilities and the first floor provides offices with welfare facilities, providing a Total Net Internal Floor Area of approximately 1,885 ft sq (175.10 m sq) over the two floors and sits on a Total Site Area of approximately 0.12 acres (0.05 hectares) benefiting from a generous secure, gated yard/garage area, with the area to the front of the building providing parking for approximately 10-11 cars.

    The first floor offices are in part let out on licence agreements which provides a beneficial rental income. These licences can be retained by the purchaser or alternatively the property can be sold with vacant possession.

    An inspection needs to be undertaken to fully appreciate the potential of the property.

    Location

    The property is very prominently located at the junction of Monkmoor Road with Racecource Crescent in the sought after town of Shrewsbury. Monkmoor Road serves as an important link road in the road system of Shrewsbury linking the south and east of the town to the north of the town. The property is located in an area of mixed development and is located in proximity to all local amenities. The property is located within easy access of the A5/M54 that provides access to the national road network.

    Shrewsbury is the County Town of Shropshire and is an established tourist and market town and the town centre benefits from numerous listed buildings.

    The town had a population of 71,715 at the 2011 Census. The town is located 9 miles east of the Welsh Border and serves as a commercial centre for Shropshire and mid- Wales with a retail output of over £299 million per year.

    The town is located approximately 48 miles west of the City of Birmingham, approximately 44 miles south of the City of Chester and approximately 53 miles north of the City of Hereford. The town benefits from proximity to the A5/M54 and this provides access to the national road network.

    Local Authority

    Shropshire

    Property Available From

    19-Jan-2023

    Location

    marker
    Location: Heritage House, 51 Racecourse Crescent, Shrewsbury, SY2 5BW

    Shrewsbury (0.7 miles)

    Yorton (6.7 miles)

    Wellington (Shropshire) (9.1 miles)

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