17-18 Hills Ln 2,648 SF Retail Unit Offered at £425,000 in Shrewsbury SY1 1QU

INVESTMENT HIGHLIGHTS

  • Spacious Grade II listed 3-storey commercial property comprising ground floor bar premises with additional storage on the upper floors
  • Attractive conversion opportunity to the upper floors, offering potential to create 2 no. one bedroom and 2 no. studio apartments, subject to planning
  • Occupying a sought-after town centre location within a short walking distance of the main High Street and other amenities
  • Well established ground floor cocktail bar premises T/A Blind Tiger

EXECUTIVE SUMMARY

This attractive Grade II listed three-story property extends to approximately 2,648 sqft (246.08 sqm) and comprises spacious ground floor cocktail bar premises with storage to the upper floors. The ground floor has been run and operated as a cocktail bar T/A Blind Tiger for over 10 years and is fitted out to a high standard having exposed brickwork and timbers, painted concrete flooring and a raised bar area with rear pot wash and preparation area. The first floor currently comprise spacious storage facilities and customer toilets accessed via an internal staircase. The first floor also includes 2 mezzanine storage areas having attractive exposed timber beams and painted brickwork. The property occupies a prominent, sought-after location fronting Hills Lane in the centre of Shrewsbury, opposite the barker street public car parks. The property is located a short distance from the main High Street and shopping areas, with the Shrewsbury bus and train stations nearby. Shrewsbury is the county town and administrative centre of Shropshire, strategically located at the intersection of the main A49 and A5 trunk road approximately 18 miles west of Telford, 55 miles north west of Birmingham, 18 miles west of Telford and 40 miles south of Chester. The town supports a wide variety of service industries, tourism and leisure facilities serving a wide catchment area.

PROPERTY FACTS

Price £425,000
Unit Size 2,648 SF
No. Units 1
Total Building Size 3,630 SF
Property Type Retail (Unit)
Property Subtype Storefront
Sale Type Investment
Building Class B
Number of Floors 3
Typical Floor Size 1,965 SF
Year Built 1883

1 UNIT AVAILABLE

Unit 17A

Unit Size 2,648 SF
Price £425,000
Price Per SF £160.50
Unit Use Retail
Sale Type Investment
Tenure Freehold
DESCRIPTION

This attractive Grade II listed three-story property extends to approximately 2,648 sqft (246.08 sqm) and comprises spacious ground floor cocktail bar premises with storage to the upper floors. The ground floor has been run and operated as a cocktail bar T/A Blind Tiger for over 10 years and is fitted out to a high standard having exposed brickwork and timbers, painted concrete flooring and a raised bar area with rear pot wash and preparation area.

The first floor currently comprise spacious storage facilities and customer toilets accessed via an internal staircase. The first floor also includes 2 mezzanine storage areas having attractive exposed timber beams and painted brickwork.

SALE NOTES

Offers in the region of £425,000 are invited for the freehold interest subject to the proposed tenancy on the ground floor and vacant possession of the upper floors.

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Heron Foods
Starbucks
Costa Coffee
Carluccio's
Loch Fyne Seafood & Grill
Côte Brasserie
Giggling Squid
Caffe Nero
Lounges
Pret A Manger
  • Listing ID: 35358410

  • Date on Market: 03/04/2025

  • Last Updated:

  • Address: 17-18 Hills Ln, Shrewsbury SY1 1QU