FOR SALE / TO LET RETAIL 39 Pride Hill, Shrewsbury, Shropshire SY1 1DN
Total accomodation 177.4 sq m (1,910 sq ft) Prominent trading location on Pride Hill (prime pitch) Large number of national occupiers in locality With valuable A5 (Hot Food & Takeaway consent)
Price: £650,000 (exclusive) Rent: £42,000 per annum (exclusive) hallsgb.com
01743 450 700
FOR SALE/ TO LET RETAIL 39 Pride Hill, Shrewsbury, Shropshire SY1 1DN Location
The property is situated fronting onto Pride Hill, the prime trading pitch in Shrewsbury Town Centre, surrounded by national covenants and opposite the Pride Hill Shopping Centre. Shrewsbury is the County Town of Shropshire and is an administrative and tourist centre. The town lies 16.3 miles (26 km) to the West of Telford and 31.5 miles (50.7 km) to the North of Wolverhampton. Access to the motorway network can be found via the M54 at Telford. The pedestrianised Pride Hill is the town’s prime shopping pitch, with neighbouring occupiers including Waitrose, Boots, Superdrug, McDonalds, Marks and Spencer, Accessorise, Thorntons, Paperchase, Orange and H Samuel.
Description
Energy performance rating EPC Rating 118 (Band E).
Legal costs
The ingoing tenant is to be responsible for the Landlord’s legal fees in relation to the granting of a new lease.
Services
We understand that mains water, drainage and electricity are connected to the property. We have not tested any services on site and prospective purchasers should make their own enquiries.
Local Authority
Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury SY2 6ND Telephone: 0345 678 9000.
This attractive Grade II Listed property is arranged on ground and three upper floors. The ground floor provides a shop, whilst the upper floors comprise ancillary accommodation.
VAT
Accommodation
Viewing
The property provides the following accommodation and dimensions: Gross Frontage Net Frontage Shop Depth Built Depth Ground Floor First Floor Second Floor Third Floor Total
3.65 m (11 ft 9”) 2.95 m (9 ft 8”) 12.55 m (41 ft 2”) 14.80 m (48 ft 7”) 55.8 sq m (601 sq ft) 42.9 sq m (462 sq ft) 47.5 sq m (511 sq ft) 31.2 sq m (336 sq ft) 177.4 sq m (1,910 sq ft)
It is understood that the property is elected for VAT.
Strictly by prior arrangement with the Sole Agent. For more information or to arrange a viewing please contact:
01743 450 700 James Evans E:
[email protected] Rebecca Welch E:
[email protected] Planning
Interested parties are advised to make their own enquiries to the local authority. We understand that the building is Grade II Listed and that it has existing use for class A1 (Retail) purposes. The premises benefits from a valuable A5 planning consent for Hot Food and Takeaway.
Guide Price
Offers in the region of £650,000 (exclusive).
Guide Price
£42,000 per annum (exclusive).
Tenure
The property is available on a new Tenant’s Full Repairing and Insuring lease for a term to be agreed. There will be rent reviews at five yearly intervals.
Rating
Interested parties should make their own enquiries to the Local Authority. Rateable value: £43,250 Rates payable 2016/17: £21,495.25
hallsgb.com
Shrewsbury / West Midlands / Worcester
FOR SALE/ TO LET RETAIL 39 Pride Hill, Shrewsbury, Shropshire SY1 1DN
01743 450 700 E:
[email protected] F: 01743 443759 W: hallsgb.com IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in England and Wales. Halls, for themselves and for the vendor of this property, or as the case may be, lessor 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 consitute 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 existance 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 .
hallsgb.com
Shrewsbury / West Midlands / Worcester