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Offers in region of
£135,000

Industrial development for sale

51 & 51A Longden Coleham, Shrewsbury, SY3 7DH
Industrial development
326 sq ft / 30 sq m
Added < 7 days

Features and description

  • Tenure: Freehold
  • Prominently located fronting onto Longden Coleham on the edge of Shrewsbury town centre
  • Fully let as a commercial lock up shop unit and residential flat
  • Asset Management opportunity
  • Lock up shop unit with Total Net Sales Area of approximately 326 ft sq (30.28 m sq) and ancillary accommodation
  • Two bedroomed self contained residential flat with Total Gross Internal Floor Area of approximately 468 ft sq (43.47 m sq)
Description
The property comprises of a mid-terraced property that is arranged to provide a lock up shop unit with a self contained 2 bedroomed residential flat above.

The property is in part three, part two and part single storey and is understood to be Grade II Listed.

The property is of traditional brick construction with an element of timber framework. There is a glazed shop front. The roof cover to the main structure is tiled and there is a flat roof cover to the single storey structure.

The ground floor lock up shop unit trades as a barbers and has a Total Net Sales Area of approximately 326 ft sq (30.28 m sq) with ancillary accommodation. There is a 2 bedroomed residential flat that is accessed at the rear of the property via an external shared metal staircase. The residential flat is arranged over the first and second floors and has a Total Gross Internal Floor Area of approximately 468 ft sq (43.47 m sq).

The residential flat is arranged to provide a kitchen, bathroom, lobby, toilet and sitting room on the first floor and 2 bedrooms on the second floor.

The property is held under the ownership of Title Number SL216202.

Location
The property is prominently situated fronting onto Longden Coleham on the edge of the town centre of Shrewsbury. Longden Coleham is a neighbourhood centre with properties in retail and residential use. It is located on the south side of Longden Coleham. The surrounding occupiers include Spar, Copywrite, Hair Forum and WR Pugh.

It is located within proximity of the junction of Longden Coleham with Hereford Road and is within proximity of all local amenities.

It is situated approximately 0.25 miles from Shrewsbury town centre which is accessed over the Coleham bridge .

Shrewsbury is the county town of Shropshire and is an established administrative and tourist centre. The town had a population of approximately 76,782 people at the 2021 Census and a significant catchment population.

The town has a railway station that is served by Transport for Wales and West Midlands Rail. Trains run north to Chester, Manchester Piccadilly, Crewe and Wrexham General, south to Hereford and Cardiff Central, west to Aberystwyth and east to Birmingham International.

Shrewsbury is situated at the end of the M54(A5) Link Road and the town is served by a variety of main roads including A5,A49,A53,A458,A488,A5191 and A5064.

The town is situated approximately 15 miles east of the town of Telford, 48 miles east of the City of Birmingham and approximately 43 miles south of the City of Chester.

Planning
Prospective purchasers should make their own enquiries.

We understand that the property interest has planning consent for Commercial use falling within Use Class E of The Town and Country Use Classes Order for the ground floor shop unit and Use Class C3 for the residential part of the property.

The property is located in the Local Authority of Shropshire Council.

The property is understood to be Grade II listed and located in a Conservation Area.

Tenure
The property is understood to be held under the ownership of Title Number SL216202.

The property was understood to be subject to the following occupational tenancies;
Ground Floor- shop - 5 years from 28th of July 2023 - £4,700 per annum - Tenants Full Repairing and Insuring.
Residential - Let on Assured Shorthold Tenancy at a rent of £375 per month - Tenant holding over

The property is accessed at the rear via a pedestrian right of way over land held in “third party” ownership.

Services
We have not tested the services prospective purchasers should rely on their own enquiries

Water - Mains
Foul & Surface Water Drainage - Mains
Gas - Mains
Electricity - Mains
Solar Power - N/A
Other - N/A

We understand that the shop unit and residential flat have separate mains metered supplies to the commercial property and the residential property.

Local Authority
Shropshire Council
Shirehall
Abbey Foregate
Shrewsbury
SY2 6ND

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About this agent

Halls - Commercial Property
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield Shrewsbury, Shropshire SY4 3DR
01743 534860
Full profileProperty listings
Halls 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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