£125,000

(£152.63/sq. ft)

Restaurant for sale
Unit 5 Battlefield Road, Shrewsbury SY1

    • 819 sq. ft

Freehold
Added on 26/06/2024

About this property

  • An opportunity to acquire an established leasehold Subway franchise.

  • 819 sq ft total net internal floor area

  • Established leasehold subway franchise

  • Profitable business with potential for further expansion

  • Located in Battlefield in the sought after town of Shrewsbury close to Tesco Extra

  • Fully fitted lock up shop unit that is fitted out as a Subway store

  • Profitable business with potential for further expansion

The business trades from a single storey semi-detached lock up shop unit that is fully fitted out as a Subway store. The property benefits from use of 11 car parking spaces.

The property provides a Total Net Internal Floor Area of approximately 819 ft sq (76.08 m sq) that is arranged as sales area and preparation area associated with its use and a disabled toilet facility. The presentation of the property can only be appreciated by undertaking an inspection.

The property is of traditional portal framework clad in profile sheeting with a glazed shop front.

Location

The property is situated in the established leisure quarter in proximity to Tesco and accessed from Battlefield Road which acts as a major arterial road into Shrewsbury town centre from the north and east. The surrounding occupiers include The Featherbed, Dominos, kfc and the Climbing Hut.

The business is accessed from the main estate road serving the development known as The Cattle Market.

The property is located within easy access of the A5/M54 dual carriageway and is located approximately 1.5 miles from Shrewsbury town centre.

Terms

The property is available to let by way on an assignment of a lease for a term of 20 years from 11th July 2017. The lease is on Full Repairing and Insuring terms at a rent of £13,500 per annum.

There are tenants options to determine the lease on the anniversary in 2027 & 2032 with rent reviews in years 2027 & 2032.

A copy of the lease is available from the selling agents upon request.

Fixtures & Fittings

The property is fully fitted out as a Subway Franchise a detailed inventory is available from the selling agents upon request.

Services

(not tested)

Mains water, electric (including three phase) and water are understood to be connected to the property.

Prospective purchasers of the property should rely on their own enquiries.

Mortgage calculator

Monthly repayment

£625 per month

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