Offers in excess of
£725,000 | 7,298 sq ftOffice for sale
Windsor House, Windsor Place, Shrewsbury, SY1 2BY
Office
7,298 sq ft / 678 sq m
Features and description
- Tenure: Freehold
- Total Net Internal Floor Area of approximately 7,298 ft sq (678 m sq)
- Arranged as an income producing commercial investment
- Offers high end serviced office accommodation
- Shared reception area
- Fine example of Georgian architecture offering a wealth of original features
- Future to potential of residential conversion, subject to statutory consents
Description
Windsor House comprises of an outstanding five storey property, including a basement area, which has a Total Net Internal Floor Area of approximately 7,298 ft sq (678 m sq).
Currently, the property is arranged as an income producing commercial investment offering high end serviced office accommodation with a shared reception area.
It is believed that Windsor House was built circa 1768, as a private residence for John Windsor. Retaining much of its original form and interiors building provides a fine example of Georgian architecture and boasts a wealth of original features, such as, oak panelling and ornate cornicing to the ceiling. The uniqueness of the property can only be appreciated by undertaking an internal inspection.
There is future to potential of residential conversion or a variety of alternative uses for the property, subject to statutory consents.
Location
The property fronts onto Windsor Place in the town centre of Shrewsbury. It is located at the junction of Windsor Place and St Mary's Place, one of the town's most sought after residential areas. Windsor House is in an area of mixed development and in close proximity to all local amenities.
Shrewsbury is the county town of Shropshire and an administrative and tourist centre. The historic riverside town benefits from many pubs and restaurants, a thriving variety of independent retailers and numerous cultural attractions and events.
The Quarry Park holds several events during the year including the Flower Show and Shrewsbury Regatta. Theatre Severn is located just off the Welsh Bridge. Shrewsbury is noted for a host of excellent schools, both within the state and private sector.
Travel links are excellent with the A5/M54 linking to Birmingham and the rest of West Midlands and the national motorway network beyond. There is a train station in Shrewsbury with a regular service to the North and London. International airports are available at Birmingham, Manchester, Liverpool and East Midlands.
Terms
The property is offered for sale freehold subject to a variety of licence agreements that are granted on all inclusive terms.
The current Net Income from the property is £38,823 per annum. A detailed tenancy schedule relating to the property is available upon request.
The Net Income could be increased by initiating the reassessment of the rateable value of the property as individual offices and the licencees becoming liable for the payment of the rates levy (if any due to small business relief).
Planning
Interested parties are advised to make their own enquiries to the Local Authority.
The property is understood to be Grade 2 Listed. The property currently provides office accommodation falling within Use Class E of the Town and Country Use Classes Order 1987.
Services
We understand that all mains services are connected to the property. The property has a gas fired central heating system.
Windsor House comprises of an outstanding five storey property, including a basement area, which has a Total Net Internal Floor Area of approximately 7,298 ft sq (678 m sq).
Currently, the property is arranged as an income producing commercial investment offering high end serviced office accommodation with a shared reception area.
It is believed that Windsor House was built circa 1768, as a private residence for John Windsor. Retaining much of its original form and interiors building provides a fine example of Georgian architecture and boasts a wealth of original features, such as, oak panelling and ornate cornicing to the ceiling. The uniqueness of the property can only be appreciated by undertaking an internal inspection.
There is future to potential of residential conversion or a variety of alternative uses for the property, subject to statutory consents.
Location
The property fronts onto Windsor Place in the town centre of Shrewsbury. It is located at the junction of Windsor Place and St Mary's Place, one of the town's most sought after residential areas. Windsor House is in an area of mixed development and in close proximity to all local amenities.
Shrewsbury is the county town of Shropshire and an administrative and tourist centre. The historic riverside town benefits from many pubs and restaurants, a thriving variety of independent retailers and numerous cultural attractions and events.
The Quarry Park holds several events during the year including the Flower Show and Shrewsbury Regatta. Theatre Severn is located just off the Welsh Bridge. Shrewsbury is noted for a host of excellent schools, both within the state and private sector.
Travel links are excellent with the A5/M54 linking to Birmingham and the rest of West Midlands and the national motorway network beyond. There is a train station in Shrewsbury with a regular service to the North and London. International airports are available at Birmingham, Manchester, Liverpool and East Midlands.
Terms
The property is offered for sale freehold subject to a variety of licence agreements that are granted on all inclusive terms.
The current Net Income from the property is £38,823 per annum. A detailed tenancy schedule relating to the property is available upon request.
The Net Income could be increased by initiating the reassessment of the rateable value of the property as individual offices and the licencees becoming liable for the payment of the rates levy (if any due to small business relief).
Planning
Interested parties are advised to make their own enquiries to the Local Authority.
The property is understood to be Grade 2 Listed. The property currently provides office accommodation falling within Use Class E of the Town and Country Use Classes Order 1987.
Services
We understand that all mains services are connected to the property. The property has a gas fired central heating system.
Property information from this agent
About this agent
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield
Shrewsbury, Shropshire
SY4 3DR
01743 534860Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. Agency Services Our commercial agency team are on hand to offer friendly advice and market appraisals, helping you buy and sell commercial property throughout Shropshire, Worcestershire, Mid Wales, the West Midlands and beyond. We advise investors and developers on selling and acquiring commercial property, while also assisting with the acquisition of new premises or disposing of unwanted space. From offices and retail to industrial and leisure-based properties, we can guide you through the sale of all types of commercial property. Offering advice at every stage, we will help you find the best route to market and give you advice on how to attract the right buyers. We can also give guidance on development land, whether owner occupied or held as an investment. With strong links to buyers, our skilled and knowledgeable team are on hand to advise from start to finish. This includes guidance on any works required prior to sale, including applications for planning consent, refurbishment programmes and tenant disputes. Management Services Offering a strategic approach, we always have your future needs in mind. Whether you’re an experienced landlord or a one-off investor, we understand that your priority is to increase the value of your investment while minimising void periods and building a strong tenant profile. Working closely with our in-house marketing and PR team, we have a comprehensive tenant vetting process to help minimise your risks. If you’re looking to expand your commercial property portfolio, we will take the time needed to gain a full understanding of your needs and match you with properties suited to your business requirements within your timescales. Professional Property Services Halls Commercial is a team of RICS Registered Valuers with professional indemnity insurance cover of £10 million. As you would expect we are on the valuation panels of most of the major banks including Barclays, Lloyds, Royal Bank of Scotland, HSBC, NatWest, Handelsbanken, and Clydesdale. Our experienced team of valuers operates in accordance with RICS Valuation Standards (Red Book), International Financial Reporting Standards (IFRS) and UK GAAP and alongside the years of experience across our Commercial team, our valuations are backed by the latest valuation and appraisal software.
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