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The Victorian Arcade 6 Properties Offered at £1,895,000 in Shrewsbury
Investment Highlights
- Freehold retail, office and leisure investment within an affluent County town.
- Good tenant mix with national, regional and local occupiers. Let to long established traders.
- Current income of £160,450 per annum rising to £173,200 per annum when fully let.
Executive Summary
The property comprises an arcade style unit known as 22 Hills Lane/24-25 Mardol which is occupied by an interiors/homeware store. The area includes ground and first floor retail space with access off Mardol and Hills Lane. 19 Hills Lane includes a bar/nightclub and separate restaurant on upper floors.
Property Facts
| Price | £1,895,000 | Number of Properties | 6 |
| Price psf | £58.10 / sq ft | Individually For Sale | 0 |
| Sale Type | Investment | Total Property Size | 32,616 sq ft |
| Status | Active | Total Land Area | 0.57 ac |
| Price | £1,895,000 |
| Price psf | £58.10 / sq ft |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Property Size | 32,616 sq ft |
| Total Land Area | 0.57 ac |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 22-23 Mardol, Shrewsbury SY1 1PU | Office | 12,558 sq ft | 1891 | - |
|
Westgate House
Hills Ln, Shrewsbury SY1 1QU |
Office | 9,000 sq ft | 1714 | - |
| 19-21 Hills Ln, Shrewsbury SY1 1QU | Office | 4,740 sq ft | - | - |
| 25 Hills Lane Ln, Shrewsbury SY1 1QU | Retail | 3,142 sq ft | 1800 | - |
| 5-7 Greendragon Ln, Shrewsbury SY1 1QU | Retail | 2,250 sq ft | - | - |
| 25 Mardol, Shrewsbury SY1 1PU | Retail | 926 sq ft | 1714 | - |
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The Victorian Arcade
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