FOR SALE 5 and 5a The Square, Shrewsbury, SY1 1LA For Sale - Iconic Grade Two listed property located fronting onto Shrewsbury’s Historic Square. Suitable for investment/owner occupation comprising of lock up shop unit and outstanding four bedroomed residential accommodation.
ENTER HALLS COMMERCIAL
01743 450 700
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LOCATION Located approximately 41 miles (66 km) to the south of Chester and 47 miles (75 km) to the north west of Birmingham, Shrewsbury is a historic market town and the county town of Shropshire. The total population within the Shrewsbury primary catchment area is 332,000, similar to the sub regional centre average. Road communications are excellent with the A5 ring road leading to the M54, 8 miles to the east, which leads to Junctions 10 and 11 of the M6 motorway and the rest of the national motorway network. Shrewsbury railway station provides direct services to Telford, Wolverhampton, Birmingham and London.
HALLS COMMERCIAL
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41 miles (66km) south of Chester 47 miles (75km) north west of Birmingham
METHOD OF DISPOSAL
FURTHER INFORMATION
Direct rail services to Wolverhampton (40 minutes) Birmingham New Street (55 minutes) and London (105 minutes)
53 miles north west of Birmingham International Airport
DEMOGRAPHICS The total population within the Shrewsbury primary catchment area is 332,000, similar to the sub regional centre average and ranking the town 76 out of the PROMIS Centres. The level of car ownership in Shrewsbury is significantly above average with a particularly high proportion of 2 car households.
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FURTHER INFORMATION
SITUATION The property is prominently situated fronting onto Shrewsbury’s Historic Square. the Square is home to a number of historic buildings as well as being a sought after retail quarter of the Town Centre. Surrounding occupiers include Fat Face, The Principality, Ask Restaurants, Crew, Starbucks, Carluccios, Jigsaw and JoJo Maman bebe. The prominence of the location of the property can only be fully appreciated by undertaking an inspection of the property. The property benefits from a valuable separate access off Shoplatch/Mardol Head to the residential accommodation.
DESCRIPTION The property comprises of a three storey building with a basement area that is arranged to provide a lock up shop unit and residential accommodation known as 5 The Square and 5a the Square. The property has separate access from The Square and a passageway off Shoplatch/ Mardol Head. The building is Grade 2 Listed and benefits from numerous attractive features that can only be fully appreciated by undertaking an inspection of the property. 5 The Square comprises of a lock up shop unit providing a Total Net Internal Sales Area of approximately 435 ft sq (40.40 m sq). The premises benefit from a glazed shop frontage onto The Square. 5A The Square comprises of 4 bedroomed residential accommodation arranged over three floors and a basement area. The property has been the subject of an extensive scheme of modernisation works and the quality of the property can only be fully appreciated by undertaking an inspection
HALLS COMMERCIAL
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The property is offered for sale freehold with vacant possession. The property offers the opportunity to let out the shop unit and the residential accommodation as an investment vehicle or the opportunity to owner occupy a property in the historic town of Shrewsbury.
(All measurements are approximate)
FURTHER INFORMATION
5 The Square Total Net Internal Sales Area 40.40m sq (435 ft sq) 5A The Square
SERVICES
Ground Floor Reception Hallway Utility Room - 4.113 x 1.864
(Not tested at the time of inspection)
Basement - 52.63m sq (566 ft sq)
It is understood that the shop unit (5 The Square) benefits from mains water, electricity and drainage.
First Floor Landing Kitchen - 5.346m x 4.26m Sitting Room - 5.559m x 4.392m Utility/Toilet - 2.416m x 1.372m Sitting Room - 5.143m x 5.465m Dining Room - 5.375m x 3.263m
The residential accommodation (5A The Square) benefits from all services including gas fired central heating.
Second Floor Landing Showerroom 2.946m x 1.609m Bedroom 1 - 4.529m x 3.570m Bedroom 2 - 4.528m x 5.796m Bedroom 3 - 5.815 x 3.383m Showeroom - 1.792m x 1.631m Bedroom 4 - 2.279m x 3.401m Outside - To the outside of the first floor area of the premises there is an outside seating area on the flat roof.
HALLS COMMERCIAL
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HALLS COMMERCIAL
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FURTHER INFORMATION
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PLANNING
RATEABLE VALUE
The property is Grade 2 Listed and is currently in use as a retail shop unit which falls within Use Class A1 and the rest fo the property is in Use as Residential accommodation which falls within Use class C3 of the Town and Country Use Classes Order.
Verbal enquiries were made to the local charging authority and we were advised as follows:
Prospective purchasers should make their own enquires relating to the same.
LOCAL AUTHORITY
5 the Square Rateable Value - 2016/2017 £11,000 Rates Payable - 2016/2017 £ 5,324 5A The Square Council Tax Band - E
Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury SY2 6ND Telephone: 0345 678 9000.
HALLS COMMERCIAL
01743 450 700
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FURTHER INFORMATION
FURTHER INFORMATION/ VIEWING Viewing strictly by appointment through sole selling agents.
For further information or to arrange a viewing of the property please contact: James Evans 01743 450700
[email protected] Rebecca Welch 01743 450715
[email protected] Halls for themselves and for the vendors of this property, whose agent they are, given notice that: i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair description but do not constitute part of an over or contract. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. ii) Halls have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser is responsible for making his or her own enquiries in this regard. iii) Neither Halls nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their proposed use with the relevant Planning Authority .
HALLS COMMERCIAL
01743 450 700