Theatre Royal, Shoplatch, Shrewsbury
- Investment Property With A Gross Rental Return Of Just Over 5%
- Situated Right In The Heart Of The Town Centre
- Top Floor Apartment With Lift Access
- Fitted Kitchen With Extensive Range Of Appliances
- Good Sized Sitting Room And Separate Kitchen
- Minutes' Walk From All Town Centre Amenities
This fourth-floor apartment (with lift access) occupies a central location right in the heart of the town centre, offering well laid out accommodation comprising; entrance hall giving access to good sized reception room with a fully fitted kitchen leading off with the benefit of an extensive range of built-in appliances, double bedroom with built-in wardrobe, and shower room.
The property comes partly furnished and is currently let on a six month assured shorthold tenancy agreement from 15/09/2022 with a rental of £625PCM.
The apartment is located in the former Theatre Royal built on the site of earlier Theatres in 1898. The building was utilised as a picture house from 1912 however a fire in 1945 meant major works were done and the building was converted to shops which in turn were later converted to the apartments now making up the building.
ENTRANCE HALL With built in cupboard enclosing water cylinder and giving access to accommodation.
SITTING/DINING ROOM 15' 1" x 13' 0" (4.6m x 3.96m) With electric heater, power and lighting points, a TV aerial point, and a window to the front overlooking the adjoining rooftops. This spacious room leads through to a separate adjoining kitchen.
KITCHEN 8' 2" x 8' 2" (2.49m x 2.49m) With a range of modern base and wall units, extensive range of built-in appliances consisting of a hob, extractor fan, oven, fridge, microwave, dishwasher, and washing machine. Window to the front with outlooks over adjoining rooftops.
BEDROOM 10' 10" x 8' 6" (3.3m x 2.59m) With electric heater, built-in wardrobe, power and lighting points, and window to the front overlooking neighbouring rooftops.
SHOWER ROOM With modern suite consisting of a fully tiled shower cubicle, vanity wash basin, WC, chrome ladder-style radiator, shaver socket, and extractor fan.
LEASEHOLD: 199 Years from 1st January 2006.
Service charge for last period, to cover 1st January 2023 - 30th June 2023 was £989.56.
Ground rent of £100 per annum is payable in two instalments of £50 on 1st January and 30th June.
DIRECTIONS: From our office in Frankwell, go over the Welsh Bridge and continue on to Barker Street until you come to the Market Hall to your left. The Theatre Royal Apartments building sits directly in front of you.
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