Retail in SY12 available for sale
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Retail Properties for Sale near SY12, Ellesmere

Retail Properties for Sale Within 10 miles of the SY12, Ellesmere

More details for 31 High St, Wem - Retail for Sale

31 High St

Wem, SY4 5DG

  • Retail for Sale
  • £85,000
  • 701 sq ft
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More details for 30 Church St, Oswestry - Retail for Sale

30 Church St

Oswestry, SY11 2SP

  • Retail for Sale
  • £704,500
  • 3,050 sq ft

Oswestry Retail for Sale

Description<br />The subject property comprises of a prominently located attractive mid terraced property that is arranged to provide a Prezzo restaurant on the ground floor and part of the first floor and three residential flats accessed from a self contained ground floor entrance that are arranged over part of the first floor and the second floor of the property. All the property is let on an overriding occupational lease to Prezzo Trading Limited and provides a very attractive property investment.<br /><br />The mid terraced property is of traditional construction being of brick construction under a slate roof cover with a fully glazed shop front to the restaurant. The property on the ground floor and part of the first floor provide an approximately 130 cover restaurant with an open plan kitchen area and ancillary accommodation arranged on the ground floor. The property has a Total Net Sales Area of approximately 3,050-ft sq (283.33 m sq) and is fitted out to a high standard and viewing of the property is highly recommended. The first floor of the property provides ladies and gents toilet facilities for the restaurant and an office and staffroom and a private toilet for staff in the restaurant. The restaurant has access directly from Church Street and there is delivery access to the rear of the property via an access road that runs round the boundaries of ownership of the property.<br /><br />The residential accommodation above the property is accessed from a self contained ground floor entrance and stairwell off Church Street. There are two flats being flat 1 and 2 arranged over the first floor and at second floor level there is Flat 3 which provides 2 bedroomed accommodation along with a store room across the landing area.<br /><br />The property offers an attractive property investment that is all let to Prezzo Trading Limited on full repairing and insuring terms with an unexpired lease term of approximately 9 years. The property due to its size and configuration offers an asset management opportunity in the future with the opportunity to let out the restaurant/shop unit separately and the three flats separately or sell them off on long leases. The true potential of the property can only be appreciated by undertaking an internal inspection of the property.<br /><br />The property is owned under Title Number SL44864.<br /><br />Location<br />The property is prominently located fronting onto Church Street in the town centre of Oswestry. Church Street serves as one of the main retail streets in the retail hierarchy, The surrounding occupiers include TSB, Nat West, Majors and Salvation Army. The property is located in proximity to a number of public car parks serving the town centre and within proximity of the attractive Oswestry Park in the town centre.<br /><br />Oswestry is a historic and thriving market town, with a former borough population of over 30,000, and with a substantial catchment considerably in excess of this, stretching far into Shropshire, Mid and North Wales.<br /><br />The town boasts a host of multiple traders including Sports Direct, Boots, New Look, Superdrug, Greggs, B& M, Costa, Home Bargains, W H Smith, Clarks Shoes to name a few, together with most of the national banks and excellent large surface parking facilities around the centre.<br /><br />Terms<br />The property is offered for sale freehold subject to the existing occupational lease.<br /><br />The property is owned under Title Number SL44864 <br /><br />The property is subject to the following occupational lease<br /><br />Lease dated 6th of October 2008 between Amberstar Limited and Prezzo Plc.<br /><br />The lease has been assigned to Prezzo Trading Limited<br />Company Number 13150050 <br />25 years from 21st of August 2008£52,000 per annum<br /><br />Rent reviews 5 yearlyTenants Full Repairing and Insuring Lease<br />The lease is granted inside the Landlord and Tenant Act 1954 Part 2<br /><br />Prezzo Trading Limited reported trading accounts for the financial year ending 1st January 2023:<br />Turnover £134,696,000<br />Gross Profit £47,957,000<br />Profit (£30,098,000)<br /><br />Further financial information relating to Prezzo Trading Limited is available from the selling agents upon request.<br /><br />Prezzo Trading Limited trading as Prezzo is a restaurant chain serving mostly Italian cuisine in the United Kingdom. The first restaurant opened in Oxford Street in London in November 2000. In January 2019 there were 180 branches across the country. It is currently owned by Cain International.<br /><br />Services<br />(not tested prospective purchasers should rely on their own enquiries)<br /><br />Mains water, electricity (including three phase), drainage and gas are understood to be connected to the property.<br /><br />We understand that there are separate mains metered supplies to the restaurant and the three residential flats.<br /><br />Planning<br />Interested parties are advised to make their own enquiries.<br /><br />The restaurant is understood to benefit from planning consent for Use Class E.<br /><br />The residential flats are understood to benefit from planning consent for Use Class C3.<br /><br />The property is understood to be located in a Conservation Area.<br /><br />Anti-money laundering (AML) checks<br />We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted. <br /> <br />The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.

Contact:

Halls Holding Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

18/04/2025

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More details for 16 Cross St, Oswestry - Retail for Sale

16 Cross St

Oswestry, SY11 2NG

  • Retail for Sale
  • £250,000
  • 8,775 sq ft
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More details for 12 Leg St, Oswestry - Retail for Sale

12 Leg St

Oswestry, SY11 2NL

  • Retail for Sale
  • £130,000
  • 1,561 sq ft
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FAQs about Retail property for sale in SY12

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in SY12?
There are currently 0 Retail Properties available for sale near SY12. These SY12 Retail Property listings have an average size of. The largest available listing in SY12 is. The thriving commercial centre and excellent transport links in SY12 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in SY12?
The average price/SF for Retail Property for sale in SY12 is about. The cost per sq ft for Retail Property in SY12 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in SY12?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in SY12?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in SY12 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the SY12, Ellesmere

With 0 retail units currently available for sale in SY12, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in SY12, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in SY12, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in SY12 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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