Savills | The Telegraph, 16 New Park Street, SY1 2LD | Properties for sale
27,168.12 sq ft(2,524 sq m)
Price on application

The Telegraph, 16 New Park StreetSY1 2LD

  • Freehold

Key features

  • Freehold public house investment
  • Current rent £49,500 per annum
  • Lease without break expiring in February 2023 giving an unexpired term of 4 years
  • Business unaffected by sale
  • Site area of approximately 2,524 sq m (0.06 acres)
  • Offers invited

The property comprises a two storey semi-detached building with single storey extension to the rear.

About this property

  • Description
    The property comprises a two storey semi-detached building with single storey extension to the rear. The
    Telegraph has painted rendered elevations beneath a pitched tiled roof with the extension beneath a flat felt
    covered roof.

    Specifications
    Traditional ground floor trading accommodation providing an open plan public bar with a games
    area to the front. Customer toilets. First floor self-contained living accommodation providing
    three bedrooms, lounge, kitchen and bathroom.

    Beer cellar and stores to the basement.

    Viewings
    All viewings must be arranged strictly by appointment with the sole selling agents Savills.

    Terms
    Offers are invited for the freehold interest subject to the existing lease.

    The business will continue to trade unaffected from the premises during the marketing of the
    property and post completion of the sale.

Local information

  • The property is located in the town of Shrewsbury, Shropshire, 20.5 kilometres (12.6 miles) west of Telford,
  • 40 kilometres (25 miles) south of Wrexham, and 43 kilometres (26.8 miles) west of Stafford.
  • The Telegraph is situated in the Castlefields borough of Shrewsbury fronting a pedestrianised section of New
  • Park Street. Nearby New Park Road provides access to the centre of Shrewsbury and the A49. The property
  • is located in a residential area next to a small parade of retailers including SPAR, Castle Karate Club and the
  • Bamboo House Chinese Takeaway.

Energy performance

EPC Rating is C (68)