Summary - 51A, LONGDEN COLEHAM, SHREWSBURY SY3 7DH
1 bed 1 bath Commercial Property
Grade II listed mixed-use investment with immediate income and asset-management potential..
Prominent town-edge location, 0.25 miles from Shrewsbury centre
Grade II listed; in a Conservation Area—alterations require consent
Freehold mixed-use: ground-floor shop and self-contained two-bedroom flat
Fully let: shop £4,700pa; flat £375pcm (tenant holding over)
Separate meters for commercial and residential supplies
Access to flat via pedestrian right of way over third-party land
Medium flood risk; external expansion limited by small plot
Low ceiling height in commercial area; compact internal space
Prominently positioned on Longden Coleham, this Grade II listed mixed-use freehold combines a street-facing shop and a self-contained two-bedroom flat above. The ground floor is a lock-up shop currently trading as a barber with separate mains metering; the upper floors provide a compact flat accessed via an external rear staircase. Both units are occupied, offering immediate income and a straightforward asset-management opportunity for an investor or small landlord.
Practical positives include a town-centre edge location (about 0.25 miles from Shrewsbury centre), good local amenity footfall, separate meters for shop and flat, and planning consent recorded for Use Class E (ground floor) and C3 (residential). The freehold and clear title details simplify ownership transfer, while the compact footprint is easy to manage.
Constraints are material and should influence offer and exit plans. The property is Grade II listed and in a Conservation Area, so alterations will be restricted and consent processes likely required. Access to the flat relies on a pedestrian right of way over third-party land, which could complicate maintenance or emergency access. The site has a recorded medium flooding risk and limited plot size, restricting external expansion.
Current occupancies: the shop is let on a five-year lease from July 2023 at £4,700 per annum (tenant repairing and insuring); the residential flat is let on an assured shorthold tenancy at £375 pcm and is holding over. The low headline commercial rent and compact accommodation create potential to increase income through re-letting, refurbishment within listed constraints, or active asset management, provided buyers budget for listing-related costs and flood mitigation.
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