Frankwell Quay, Shrewsbury
Property Features
- Commercial unit and suite
- Currently used as a restaurant
- Two dining Rooms
- Kitchen
- Cellarage
- First floor suite that could be offices or Airbnb
- Two office spaces
- Kitchenette and toilet
- Combined income of over £30,000 per annum
- Walking distance to Shrewsbury town centre
Property Summary
The restaurant currently has a 9 year lease receiving an income of £24,000 per annum and the suite is capable of achieving £7,200 per annum.
Full Details
PRICES Restaurant at 167
Frankwell
Price
£325,000
Suite at 166,
Frankwell, Shrewsbury
Price
£125,000
THE RESTAURANT AT 167 & SUITE AT 167 The 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.
SERVICES Freehold
Mains gas central heating
Mains water
Mains drainage
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 just a stones throw from the town centre. 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.
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