House For Sale £945,000
Frankwell, Shrewsbury, SY3

In the heart of Shrewsbury, a unique opportunity to purchase a fabulous three story town house with commercial units proving a fantastic income

Description

The property is a period Grade II listed timber framed historic building and was initially a wool warehouse before being transformed into a hotel. The building was recently renovated by a National Lottery grant as it was the headquarters of the Shropshire Wild Life Trust. The residence 'Welsh Bridge House' is set on three floors and has an extensive ground floor double garage, (formerly a garage for garden machinery), laundry room, sauna room and workshop.

The first floor comprises large open plan kitchen/dining room with living area, hall and bathroom. The second floor comprises drawing room, master bedroom with office, en-suite bathroom, two further bedrooms with shower room.

THE RESTAURANT AT 167 & SUITE AT 167
Additional to the house, is an adjacent commercial unit (currently used as a restaurant let) currently 9 years remaining on the lease and separate commercial offices with facilities to return to an apartment. The restaurant lease provides an income of £24,000 per annum with the suite capable of earning an income of £7200 per annum.

The restaurant at 167 Frankwell benefits from two dining rooms, modern kitchen, washrooms, cellarage and trades as a tapas bar and dining facility.

The suite at 166 Frankwell comprises two offices. Small kitchen and cloakroom and could revert to residential use and/or Airbnb or residential let.

Location

The property is located centrally to the historic market town of Shrewsbury in the popular area of Frankwell Quay.

The area benefits from a fantastic selection of boutique shops, bars and restaurants whilst being close to the town centre. It is situated next to the popular Theatre Severn.

Local transport links and bus services allow access to surrounding towns and villages whilst the local train station (0.5 miles) provides links towards Crewe, Birmingham and London.

Square Footage: 2,191 sq ft



Additional Info

House- Mains gas, water, drainage
Shropshire Council- band C

Restaurant- Mains gas, water, drainage.

Suite- Mains gas, water, drainage.

Brochure prepared 2023/01 BTJ
Photographs taken 2022 Roger Parry & Partners