Commercial Property Agents | 01902 425646
|Type:||Retail & Leisure|
• Mixed use A1/3/4/5, D1
The property is located to the south of Shrewsbury at the junction of the A5112 and B4380 (Hazeldine Way and Oteley Road) which provides direct access onto the A5 and the wider Shrewsbury area.
The site is located 2.1km (1.3 miles) to the south of ShrewsburyTown Centre and is accessed from Hereford Road (A5112) which leads into Shrewsbury Town Centre to the north or the A5 and A49 to the South.
Shrewsbury connects to the M6 and motorway network via the M54. It is located 47 miles north west of Birmingham and 41 miles south of Chester.
Immediately adjoining the subject property with a shared access off Oteley Road is a Bannatyne Health Club and golf club.
The surrounding area comprises a mixture of residential, Retail and leisure uses. It is situated immediately to the north of Meole Brace Retail Park providing retailers such as Argos, Boots, Currys, Carphone Warehouse, Halfords, McDonald’s, Next, Pets at Home, Pizza Hut, Sports Direct, TK Maxx, Costa and Sainsburys supermarket all acting as major footfall generators for this location.
The prominent development, which will consist of a KFC, Starbucks and 4 additional units, which will be accessed off Oatley Road with in excess of 100 shared car parking spaces.
The units will be built to a developers specification benefiting from excellent visibility, open plan space, excellent natural light and potential for outside seating.
Unit 1 - Let (Starbucks)
Unit 2 - Let (KFC)
Unit 3 - 5,920 sqft
Unit 4 - 1,400 sqft
Unit 5 - 1,400 sqft
Unit 6 - 1,400 sqft
*Units capable of sub-division with a variety of uses considered.
*In excess of 100 shared car parking spaces.
*2000+ parking within 5 min walk.
*The units will be built to a developers specification.
Full landlords specification available on request.
Subject to Planning.
Construction estimated Summer 2019.
Completion beginning of 2020.
New full repairing & insuring leases for a term of 25 years.
5 yearly upward only rent reviews.
A contribution towards landlord's costs may be required to cover abortive costs should the transaction fail to complete.
James Swash 01902 425646
Tom Wilcox 01562 734 120
Michael Tromans & Co is the trading name of Michael Tromans & Co LLP. Michael Tromans & Co LLP is a Limited Liability Partnership registered in England and Wales.
Registered Office: 6 Waterloo Rd, Wolverhampton, West Midlands WV1 4BL. Registered No. OC358112.
MISREPRESENTATION ACT 1967: Michael Tromans & Co. for itself and for the vendors or lessors of this property whose agents they are given notice that the particulars are a general outline only for the guidance of intending purchasers or lessees, and do not constitute an offer of contract. All descriptions and any other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No employee of Michael Tromans & Co. has any authority to make or give any representation or warranty whatever in relation to this property.