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54-55 Longden Coleham 2,076 sq ft Retail Property Shrewsbury SY3 7DH £450,000 (£216.76/sq ft)
INVESTMENT HIGHLIGHTS
- Good footfall
- Mid terrace two storey building
- Close proximity to Shropshire town centre
EXECUTIVE SUMMARY
The property comprises a mid terrace two storey building of brick elevations under a recently refurbished flat roof. There is a separate self contained entrance from the street to the flat with steps leading up to the shop itself, which is elevated from street level. The shop has a full length glazed frontage onto Longden Coleham and there is a small yard to the side providing bin storage for the commercial unit and steps up to the flat.
Internally, the property is arranged as a ground floor commercial unit currently operating as a fish and chip take away and restaurant with 28 covers with a self contained 3-bedroom flat above.
The property is sold with vacant possession due to retirement of the business propertior, offering a unique opportunity for investors, owner occupiers or developers looking to speculate. There is significant commercial potential given the well presented retail space and excellent roadside visibility lending itself to a variety of different uses.
Internally, the property is arranged as a ground floor commercial unit currently operating as a fish and chip take away and restaurant with 28 covers with a self contained 3-bedroom flat above.
The property is sold with vacant possession due to retirement of the business propertior, offering a unique opportunity for investors, owner occupiers or developers looking to speculate. There is significant commercial potential given the well presented retail space and excellent roadside visibility lending itself to a variety of different uses.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,076 sq ft
Costar Property Class
B
Year Built
1940
Price
£450,000
Price per sq ft
£216.76
Tenancy
Single
Number of Floors
2
1 1
NEARBY MAJOR RETAILERS
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54-55 Longden Coleham
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