SY1 1YA
Princess Street, Shrewsbury
Recently split into a ground floor retail units with extensive basement storage, a five bedroom (with en suite shower rooms) House of Multiple Occupancy (HMO) and two bedroom apartment Retail unit 30-31 Princess Street, let on a 6-year lease to Ginger and Co Coffee Limited, a local independent coffee shop that has been operating in the town for a number of years and 29a Princess Str Uppers currently fully let on Assured Short Term Tenancies (ASTs) . Current rental income is £84,940 per rising to £86,940 per annum on 22/08/2025. Asking Price: £1,100,000 reflecting a gross initial yield of 7.7% rising to 7.9% in August 2025. EPC ratings for Ground Floor are D 76 and B 46. EPC for Residential Uppers is C 79. Further asset management potential.