Summary - 3, MARDOL SY1 1PY
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- **Grade II Listed Property**: Traditional brick construction with historic charm.
- **Substantial Size**: Approx. 3,581 sqft over four storeys.
- **Prominent Location**: Situated in a busy town centre, surrounded by national and independent retailers.
- **Conversion Potential**: Approved planning for the upper floors to be converted to residential use.
- **Multi-Use Flexibility**: Ground floor ideal for retail/commercial uses, alongside residential options.
**Potential Downsides:**
- **High Crime Rates**: Local area statistics indicate elevated crime levels.
- **Renovation Challenges**: Listed status may restrict certain alterations or extensions.
- **On-Street Parking**: Limited parking options could be a concern for some buyers.
**Summary:**
Discover a rare opportunity at 3 Mardol, Shrewsbury — a substantial four-storey Grade II listed property primed for transformation. The versatile ground floor spans about 1,400 sqft, making it ideal for a variety of retail or commercial ventures, while the recently approved planning permission allows for the upper floors to be converted into modern residential units. Set in a vibrant town centre adjacent to renowned shops and eateries, this property offers a unique blend of historical character and contemporary potential.
While the property’s rich heritage and prominent location are sure to attract interest, potential buyers should be mindful of the challenges posed by its listed status and local crime rates. On-street parking is available, though may be limited. Whether you're an investor looking to capitalize on Shrewsbury’s growth or a creative entrepreneur envisioning your next retail venture, this significant building presents a compelling investment opportunity that may not last long on the market. Embrace the potential to create a unique living and retail space that respects its historical roots while catering to today’s urban lifestyle.
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