Summary - 3-4, MARDOL HEAD SY1 1HD
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime town centre location in Shrewsbury
- Three properties generating a combined annual rent of £145,000
- Total area of 13,054 square feet
- Freehold tenure with a gross yield of 9.06%
- High foot traffic area with excellent commercial potential
- Mixed-use space, suitable for retail or office conversion
- Known for its vibrant cosmopolitan atmosphere
**Summary Description:**
Unlock an exceptional investment opportunity with this expansive commercial property nestled in the bustling heart of Shrewsbury. Spanning 13,054 square feet, the property comprises three individual units, currently configured as open-plan retail spaces with ancillary offices, kitchens, and WCs. This strategic location on the pedestrianised Mardol Head ensures high footfall, maximizing visibility and engagement for your tenants. With a robust passing rent of £145,000 per annum and a competitive gross yield of 9.06%, this freehold investment represents strong potential for both immediate returns and long-term appreciation.
While the property boasts a solid modern brick construction, prospective buyers should consider the average broadband speeds and potential maintenance or renovation needs due to its mixed-use nature. The EPC ratings of C and B suggest a level of efficiency, promising manageable utility costs. As urban development continues, this prime location is poised for growth, making it a valuable asset for savvy investors. Don't miss the chance to secure a foothold in Shrewsbury's thriving retail landscape; properties like this don't stay available for long!
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