Shrewsbury Town centre For Sale

£4,125,000

Shrewsbury, UK

Description

PropertyAvailableValueRent pm.Rent pa.Yeild (%)Arrears

The property occupies a fantastic position on this historic street, a stone’s throw from the railway station, castle, library and a range of bars/restaurants and main shopping thoroughfares. Very convenient for a host of amenities, the property is renovated to a high standard throughout.

 

Property 1

Flat 1Tenanted£175,000£650£7,5004.28£0
Flat 2Tenanted£190,000£695£8,7004.57£0
Flat 3Tenanted£145,000£575£7,2004.96£0
Flat 4Tenanted£175,000£650£7,5004.28£0
Flat 5Tenanted£175,000£650£7,5004.28£0
Flat 6Tenanted£175,000£650£7,8004.45£0
Flat 7Tenanted£140,000£550£6,6004.71£0
ShopTenanted£300,000£1,583£19,0006.33£0
Total£1,475,000£5,413£71,8004.86£0

The property is situated in a prominent position on Chester Street, adjacent to Shrewsbury Train Station, and only a stone’s throw from the centre of Shrewsbury town.

The property has just been fully converted and houses 6 spacious apartments. All have been finished to an extremely high standard and offer spacious town living with fantastic high ceilings, large double glazed windows and views across the River and of the historic market town of Shrewsbury.

Property 2
Flat 1Tenanted£175,000£650£7,5004.28£0
Flat 2Tenanted£150,000£575£6,6004.4£0
Flat 3Vacant£185,000£750£7,8004.2Let Agreed
Flat 4Tenanted£175,000£650£7,2004.11£0
Flat 5Tenanted£155,000£575£6,9004.45£0
Flat 6Tenanted£180,000£750£7,5004.16£0
ShopTenanted£300,000£2,000£24,0008£2,200
Total£1,320,000£5,950£67,5005.11£2,200

The property is situated fronting onto Chester Street which serves as one of the main access roads into Shrewsbury Town Centre from the north. The property is prominently situated and highly visible from the one way road system serving the town centre.

Property 3
Flat 1Tenanted £115,000£500£5,4004.69£0
Flat 2Tenanted £90,000£450£5,1005.6£0
Flat 3Tenanted £90,000£425£5,1005.6£0
Flat 4Tenanted £90,000£400£4,8005.3£0
Flat 5Tenanted £90,000£400£5,4006£0
BarTenanted £300,000£1,666£20,0006.66£0
Total£775,000£3,841£45,8005.9£0

The property occupies a fantastic position on this historic street with the railway station, castle, library and a range of bars/restaurants and main shopping thoroughfares all a very small distance away. Very convenient for a host of amenities, the property is renovated to a high standard throughout.

Property 4
23 Chester StreetTenantedCombined total£695£8,3404.40%£0
24 Chester StreetTenantedCombined total£625£7,5004.40%£0
25 Chester StreetTenantedCombined total£725£8,7004.40%£0
Total£555,000£2,045£24,5404.40%£0
Portfolio Total£4,125,000£17,249£206,9885%£2,200

£4125000

Brochure

Location