10 & 11 Pride Hill, Shrewsbury

Overview: Retail Units

Purchase Price:: £1,700,000

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Key Features

Prime high street retail investment located in the affluent town of Shrewsbury
The property occupies a highly prominent position on the on the pedestrianised Pride Hill, which forms part of the town’s core retail offering
Attractive Grade II listed retail units extending to 7562 sq ft over basement, ground, first second & attic floors
The Works Stores Limited (Company Number: 06557400) have traded from 10 Pride Hill for nearly 20 years
Hobbs Limited (Company Number: 01577740) have traded from 11 Pride Hill for 7 years

Description

The properties are both Grade II Listed, arranged on basement, ground, first, second and attic floors and are of brick construction under a part pitched slate and flat roof.

The Works (10 Pride Hill) trade the entire ground floor for sales and the unit has been fitted out in their standard livery. The first and second floors are used for ancillary accommodation along with the basement.

Hobbs (11 Pride Hill) occupy this full refurbished unit (2018) trading the ground floor which has been fitted out in the standard Hobbs livery. The rear section of the ground floor has been sub divided by a demountable partition to create ancillary storage. The basement which was previously used by the former tenant McDonalds for sales accommodation is unused. The first and second floors are used for ancillary accommodation. There are intercommunicating fire escape rights between the two buildings on each floor with the fire escape discharging into the rear car park (The Gap).

Location

Shrewsbury is an attractive and historic county town and the cultural and retail centre of Shropshire, located 45 miles north west of Birmingham, 41 miles south of Chester and 15 miles west of Telford.

The town benefits from excellent road communications, with the A5 Shrewsbury bypass providing an efficient link around the town and connecting directly with the M54 Motorway to the east. The M54 provides direct access to Telford and Wolverhampton, with onward connectivity to Birmingham and the wider West Midlands motorway network via the M6 Motorway. The A49 provides a key north–south route through the town, linking Shrewsbury with Chester and Whitchurch to the north and Hereford to the south.

Shrewsbury railway station provides direct services to London (2 hours 30 mins), Telford (20 mins), Wolverhampton (40 mins) and Birmingham New Street (55 mins). Birmingham International Airport is located 60 miles south east of the town and can be accessed via the M54 and M6 Motorways.

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