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5 New St 1,351 sq ft of Retail Space Available in Shrewsbury SY3 8JN

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HIGHLIGHTS

  • Three storey property with basement area
  • Grade 2 Listed property
  • Prominently located onto Frankwell Island on the edge of Shrewsbury Town Centre

SPACE AVAILABILITY (1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • TYPE
  • Ground
  • 1,351 sq ft
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Shell And Core
Availability
Now

The property is offered to let on a new lease for a length of term by negotiation with rent reviews at three yearly intervals. The lease will be granted on tenants full repairing and insuring terms. Consideration maybe given to the sale of the property.

  • Use Class: E
  • Located in-line with other retail
  • Energy Performance Rating - B
  • Exclusive WC facilities
  • New lease available
  • There is rear pedestrian access to the property.
  • Basement storage area
Space Size Term Rate Type
Ground 1,351 sq ft Negotiable Upon Application Upon Application Upon Application Upon Application TBD

Ground

Size
1,351 sq ft
Term
Negotiable
Rate
Upon Application Upon Application Upon Application Upon Application
Type
TBD
Space Use
Retail
Condition
Shell And Core
Availability
Now

The property is offered to let on a new lease for a length of term by negotiation with rent reviews at three yearly intervals. The lease will be granted on tenants full repairing and insuring terms. Consideration maybe given to the sale of the property.

  • Use Class: E
  • Located in-line with other retail
  • Energy Performance Rating - B
  • Exclusive WC facilities
  • New lease available
  • There is rear pedestrian access to the property.
  • Basement storage area

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS

Total Space Available 1,351 sq ft
Property Type Retail
Property Subtype Restaurant
Net Internal Area (NIA) 1,190 sq ft
Year Built 1880

ABOUT THE PROPERTY

The property provides a prominently located three storey Grade 2 Listed property with a basement area that would lend itself ideally to a variety of retail/restaurant/commercial uses. The potential of the property can only be appreciated upon undertaking an inspection of the property. The property is arranged to provide a Total Gross Internal Floor Area of approximately 1,351 ft sq (125.51 m sq) on the ground floor and accommodation arranged over the first and second floors. There is rear pedestrian access to the property.

  • Storage Space

NEARBY MAJOR RETAILERS

Heron Foods
Lloyds Bank
Starbucks
Costa Coffee
Caffè Nero
Pret A Manger
Carluccio's
Loch Fyne Seafood & Grill
Côte Brasserie
Giggling Squid
  • Listing ID: 36539079

  • Date on Market: 09/10/2023

  • Last Updated:

  • Address: 5 New St, Shrewsbury SY3 8JN

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