House For Sale £1,150,000
45 High Street, Shrewsbury

. Mixed use Town Centre freehold Investment opportunity.
. Recently split into a ground floor retail unit with extensive basement storage and a new 'retail' shop front and four high quality apartments with separate access off the High Street.
. Retail unit let on a 6-year lease to Teresa's Boutique, a local independent women's fashion store that has been operating in the town for a number of years.
. Uppers currently fully let on Assured Short Term Tenancies (ASTs) .
. Current rental income (gross) is £71,800 per annum (gross), rising to a minimum of £76,800 per annum by 2026.
. Asking Price: £1,150,000 reflecting an initial gross yield of 6.25% rising to 6.67% in 2026 (assuming residential rents haven't increased in that time).
. EPC rating for Ground Floor is D 90
. EPC for Residential Uppers is B 81, C 79, B 81 and B 81.
. Further asset management potential.

Apartment 45A- -

Kitchen - about 3.20m x 3.71m (about 10'5" x 12'2" ) -

Living Room - about 3.07m x 6.00m (about 10'0" x 19'8" ) -

Bedroom - about 3.57m x 4.12m (about 11'8" x 13'6" ) -

Shower Room - about 1.98m x 1.59m (about 6'5" x 5'2" ) -

Apartment 45B- -

Kitchen - about 3.49m x 3.20m (about 11'5" x 10'5" ) -

Living Area - about 3.50m x 3.26m (about 11'5" x 10'8") -

Bedroom - about 3.52m x 3.96m (about 11'6" x 12'11" ) -

Shower Room - about 2.18m x 2.26m (about 7'1" x 7'4" ) -

Apartment 45C - -

Kitchen - about 3.56m x 3.27m (about 11'8" x 10'8" ) -

Dining/ Living Area - about 3.56m x 2.98m (about 11'8" x 9'9" ) -

Bedroom - 3.33m x 3.63m (10'11" x 11'10" ) -

Shower Room - 1.65m x 2.04m (5'4" x 6'8" ) -

Apartment 45D - -

Kitchen - about 2.00m x 4.25m (about 6'6" x 13'11" ) -

Living/ Dining Room - about 3.26m x 3.56m (about 10'8" x 11'8" ) -

Bedroom One - about 3.61m x 3.11m (about 11'10" x 10'2" ) -

Bedroom Two - 3.61m x 2.97m (11'10" x 9'8" ) -

Shower Room - about 2.58m x 1.77m (about 8'5" x 5'9" ) -

Retail Unit - 81 sqm (265'8" sqm) -