16 High Street, Shrewsbury, Shropshire, SY1 1SP
- Size
- 1,187–1,978 sq ft
- Tenure
- Leasehold
- Property type
- Retail - High Street
- Availability
- Available
About this property
Location
Shrewsbury is the historic county town of Shropshire. Its well-preserved medieval centre and strong mix of national and independent retailers draw shoppers and visitors from a wide catchment. The property stands on a prominent corner of High Street at the foot of Grope Lane, one of the town's best known historic passages, in the heart of the prime retail core. Nearby occupiers include White Stuff, Clarendon Fine Art, Waterstones, Crew Clothing Company, Seasalt Cornwall, Saltrock, Starbucks, HSBC and Côte.
Description
The premises sit within a striking Tudor timber-framed building with an extensive glazed frontage to High Street and a return to Grope Lane. The ground floor offers a regular sales area with exposed period beams, with a staff room, lobby and WCs to the rear and cellar storage below. Previously occupied by Costa Coffee, the unit suits café, retail and other Class E uses.
Tenure Comments
The premises are available by way of a new effective full repairing and insuring lease for a term of years to be agreed subject to 5 yearly upward only rent reviews.
EPC
A copy of the EPC is available upon request.
Service Charge Information
A copy of the service charge budget is available upon request.
Insurance
There is an annual insurance charge. Details available upon request.
Planning
We understand that the property has consent for Use Class E. It is the ingoing tenant's responsibility to ensure that their proposed use is acceptable to the Local Planning Authority.
VAT
VAT is applicable.
Legal Costs
Each party to be responsible for their own legal costs.
Security
It is likely that the Landlord will require a security deposit and/or personal guarantee by way of security from the successful applicant.