Commercial property for sale in Prominently Located Pizza Business, 9-10 Castle Street, Shrewsbury, Shropshire SY1

Offers in region of £475,000 (£214.93/sq. ft)
Interested in this property? Call +44 1743 534929 * or Request Details

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Commercial property for sale 2,210 sq. ft*
Tenure: Not available Council tax band: Not available

Property features

  • Prominently located pizza business for sale with 2 residential flats above which are currently let out on AST's
  • Valuable A5 consent
  • Gross Internal Area of 2,210 sq ft (205.33 m sq)
  • Prime location in Shrewsbury town centre
  • The flats are accessed via a separate entrance from Castle Street
  • Profitable business

Property description

This attractive building is of traditional brick construction and provides extensive accommodation arranged over two floors extending in total to approx. 2,210 sq. Ft (205.33 m sq). The property offers a self-contained lock-up retail unit currently operating as a pizza takeaway shop on the ground floor which is arranged as the serving area at the front of the property with kitchens and stores behind.

There is then 2 spacious flats on the first floor which are currently rented out. 10A is rented out at £550 per calendar a month which is arranged as a living room, kitchen and bathroom facilities with a bedroom on the mezzanine. The second flat known as unit 10B is let at £600 per calendar month and has recently been refurbished. It consists of an open plan kitchen/ living room area with 2 bedrooms and a bathroom. Both flats benefit from roof terraces. The property benefits from a rear enclosed courtyard area.

Business:

Al Piccolino Pizzeria has been operating in the town since 1984 by the same family. The business occupies a prominent location within Shrewsbury historic town with a good reputation in the town. The business offers takeaway and delivery.

The business is only being reluctantly offered for sale due to the retirement of the existing proprietors. The business is currently ran by the proprietors with assistance from staff and offers the opportunity to acquire a very profitable business. Further information including trading accounts are available from the selling agents upon request.

The business is licenced and has an enviable reputation in the town. The accommodation on the first floor provides good staff accommodation or an alternative income stream from the pizza business.

The property is located on the northern edge of the town centre of Shrewsbury. The property benefits from road frontage onto Castle Street. The property is located opposite to the Shrewsbury Railway Station and the River Severn is in close proximity.

The property is located in an area which will benefit from the exciting New Plan for Shrewsbury. Shrewsbury is the County Town of Shropshire and is an established tourist and market town and the town centre benefits from numerous listed buildings.

The town had a population of 71,715 at the 2011 Census. The town is located 9 miles east of the Welsh Border and serves as a commercial centre for Shropshire and mid- Wales with a retail output of over £299 million per year.

The town is located approximately 48 miles west of the City of Birmingham, approximately 44 miles south of the City of Chester and approximately 53 miles north of the City of Hereford. The town benefits from proximity to the A5/M54 and this provides access to the national road network.

Prominently located pizza business for sale with 2 residential flats above which are currently let out on AST's

Valuable A5 consent

Gross Internal Area of 2,210 sq ft (205.33 m sq)

Prime location in Shrewsbury town centre

The flats are accessed via a separate entrance from Castle Street

Profitable business

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Halls Commercial, SY4 on +44 1743 534929 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Halls Commercial, and do not constitute property particulars. Please contact Halls Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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