18-20 Castle St
Shrewsbury SY1 2AZ
Retail Property For Sale
Investment Highlights
- Total rent £18,996 per annum
- Net Initial Yield of 6.14 %
- Well let shop with basement with unexpired term of approximately 6.5 years
Executive Summary
The property comprises of a well let commercial investment property consisting of a ground floor lock up shop with basement which is currently trading as Dough & Oil Restaurant. The property was converted by the vendors in 2017 to a high quality which can only be appreciated upon undertaking an internal inspection of the property. The property comprises of an end terraced property with basement area. The entire ground floor and part of the basement area is currently occupied and trades as Dough & Oil Restaurant who have undertaken a high quality extensive tenant fit out that can only be appreciated by undertaking an internal inspection of the shop unit. The commercial premises benefits from a full glazed shop front onto Castle Street and benefits from a limited outside seating area.
Property Facts
| Property Type | Retail | Gross Leasable Area | 5,035 SF |
| Property Subtype | Storefront Retail/Office | No. Stories | 4 |
| Building Class | B | Year Built | 1899 |
| Lot Size | 0.12 AC | APN / Parcel ID |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Lot Size | 0.12 AC |
| Gross Leasable Area | 5,035 SF |
| No. Stories | 4 |
| Year Built | 1899 |
| APN / Parcel ID |
Amenities
- Energy Performance Rating - C
- Storage Space
