Key info
7Bedrooms
6Bathrooms
145 sqmSize
Property description
Strategy: HMO
29-31 Princess Street is Listed Grade 2 and 2* and provides a striking façade which blends with many of the period buildings along the street. It underwent a comprehensive redevelopment/refurbishment in 2022 to provide a 5 -room House of Multiple Occupation (HMO) and a two-bedroom flat whilst retaining the two retail units on the ground floor.
The HMO units have been provided to an excellent standard of finish (see photos) and are fully occupied on periodic tenancies. The retail units are let on leases expiring in 2026 and 2028 (both inside the Act) with Ginger & Co being a very successful and popular café’ in the Town.
Location
The property is located on Princess Street just off the historic Square in Shrewsbury’s town centre - the town’s most sought after retail pitch. The Street is a thriving mix of independent retailers, cafes and restaurants and is due to be enhanced further by the planned redevelopment of the former House of Fraser building which will provide high quality residential above and F & B use fronting Princess Street.
Shrewsbury is the county town of Shropshire being located about 47.8 miles North-West of Birmingham, 43.2 miles South of Chester, and 16.5 miles West of Telford. It has an urban population of 80,000 and benefits from good road communication links leading from the A5 trunk road to the M54 motorway and onto the M6 and the rest of the country’s national motorway network. The town is also served by the A49 Cardiff—Manchester trunk road and the A458 from its mid-Wales hinterland.
There are direct rail services to London Euston (approximately 2 hours 41 minutes) and also to Birmingham, Manchester and Cardiff.
We understand all mains services are connected to the property subject to connection charges by the utility companies. Ingoing tenants to rely on their own enquiries.
Sourced reference: 159575549
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
Cooper Green Pooks
Shrewsbury
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