5 Bed House For Sale High Street, Shrewsbury, SY1

• Mixed use Town Centre freehold Investment opportunity.
• Recently split into a ground floor retail unit with extensive basement storage and a new ‘retail’ shop front and four high quality apartments with separate access off the High Street.
• Retail unit let on a 6-year lease to Teresa’s Boutique, a local independent women’s fashion store that has been operating in the town for a number of years.
• Uppers currently fully let on Assured Short Term Tenancies (ASTs) .
• Current rental income (gross) is £71,800 per annum (gross), rising to a minimum of £76,800 per annum by 2026.
• Asking Price: £1,150,000 reflecting an initial gross yield of 6.25% rising to 6.67% in 2026 (assuming residential rents haven't increased in that time).
• EPC rating for Ground Floor is D 90
• EPC for Residential Uppers is B 81, C 79, B 81 and B 81.
• Further asset management potential.

Apartment 45A- -

Kitchen - about 3.20m x 3.71m (about 10'5\" x 12'2\" ) -

Living Room - about 3.07m x 6.00m (about 10'0\" x 19'8\" ) -

Bedroom - about 3.57m x 4.12m (about 11'8\" x 13'6\" ) -

Shower Room - about 1.98m x 1.59m (about 6'5\" x 5'2\" ) -



Apartment 45B- -

Kitchen - about 3.49m x 3.20m (about 11'5\" x 10'5\" ) -

Living Area - about 3.50m x 3.26m (about 11'5\" x 10'8\") -

Bedroom - about 3.52m x 3.96m (about 11'6\" x 12'11\" ) -

Shower Room - about 2.18m x 2.26m (about 7'1\" x 7'4\" ) -



Apartment 45C - -

Kitchen - about 3.56m x 3.27m (about 11'8\" x 10'8\" ) -

Dining/ Living Area - about 3.56m x 2.98m (about 11'8\" x 9'9\" ) -

Bedroom - 3.33m x 3.63m (10'11\" x 11'10\" ) -

Shower Room - 1.65m x 2.04m (5'4\" x 6'8\" ) -



Apartment 45D - -

Kitchen - about 2.00m x 4.25m (about 6'6\" x 13'11\" ) -

Living/ Dining Room - about 3.26m x 3.56m (about 10'8\" x 11'8\" ) -

Bedroom One - about 3.61m x 3.11m (about 11'10\" x 10'2\" ) -

Bedroom Two - 3.61m x 2.97m (11'10\" x 9'8\" ) -

Shower Room - about 2.58m x 1.77m (about 8'5\" x 5'9\" ) -



Retail Unit - 81 sqm (265'8\" sqm) -