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54-55 Longden Coleham 2,076 SF Retail Building Shrewsbury SY3 7DH $613,497 ($295.52/SF)
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 User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,076 SF
Building Class
B
Year Built
1940
Price
$613,497
Price Per SF
$295.52
Tenancy
Single
Building Height
2 Stories
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Nearby Major Retailers
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54-55 Longden Coleham
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