Auction House London

Lot 80

 

33 Castle Foregate

Shrewsbury, Shropshire, SY1 2EH

£125,000+

Guide Price

A Freehold Commercial and Residential Investment Producing £16,200 per annum

Description

Tenure

Freehold

Location

The property is situated on an established secondary parade. Nearby multiples include Corbetts Sports and Royal Mail. The open spaces of Spring Gardens are within easy reach. Transport links are provided by Shrewsbury rail station.

Exterior

The property benefits from a rear courtyard and a single story outbuilding which could be re-developed ( subject to obtaining necessary consent )

Description (2nd Column)

The property comprises a ground floor fast food restaurant (A5 use) with a self contained two bedroom maisonette above situated within a mid terrace building arranged over ground and two upper floors.

Viewing Details

Friday 28th August 15:00-15:30
Tuesday 1st September 15:00-15:30
Thursday 3rd September 15:00-15:30
Monday 7th September 15:00-15:30

Accommodation & Tenancy Schedule

Floor Accommodation Tenancy Current
Annual Rent
Ground Shop Area - approx. 8.80m x 4.90m
Utility Room - approx. 2.56m x 1.98m
Let to Mr Singh t/a Perfect Pizza Company on a 3 year FRI lease from June 2015 £12,000
First Two Bedrooms, Reception Room, Kitchen, Bathroom with WC & wash basin Let on an Assured Shorthold Tenancy at a rent of £350 pcm from June 2015 £4,200

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007

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