17-22 Abbey Foregate | Shrewsbury SY2 6AE
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17-22 Abbey Foregate
Shrewsbury SY2 6AE
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated close to the historic town centre of Shrewsbury and located opposite Shrewsbury Abbey in the highly sought after area of the town known as Ab
- Currently trading as two venues -The Peach Tree (contemporary all day restaurant) and Havana Republic (Cuban inspired cocktail and late night bar) but
- Proposed 10 year lease with 5 yearly RPI rent reviews (subject to cap and collar) with an initial rent of £125,000 pa.
- Net Initial Yield of 6.56%
- Attractive Grade II listed parade of buildings dating back to the 15th century with trading areas fitted out to a very high standard throughout.
- Outside pavement seating as well as a delightful enclosed courtyard.
- Leisure Freehold Investment
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,320 SF
Year Built
1620
Price
$2,432,991
Price Per SF
$261.05
Tenancy
Single
Building Height
2 Stories
Building FAR
1.55
Lot Size
0.14 AC
Frontage
69’ on Abbey Foregate
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