Property for sale

Bellstone, Shrewsbury SY1

Nestled in the vibrant town centre of Shrewsbury, 1 Bellstone Court presents a unique opportunity to acquire a characterful and income-generating property within a charming courtyard setting in the sought after town of Shrewsbury. Extending to approximately 1,006 sq ft (93.48 m sq), this impressive two storey end of terrace property offers a versatile footprint that currently provides tenanted office space.

Set within a historic courtyard, the property holds significant potential for redevelopment in the future, whether for continued commercial use or alternative schemes, subject to planning permission (STPP). With its central location and flexible layout, 1 Bellstone offers scope for investors, developers or owner-occupiers seeking one of Shrewsbury’s most desirable locations.

1 Bellstone Court provides an investment opportunity currently arranged as series of tenanted office/business units over two floors.

Bellstone Court is a two-storey early 20th-century office building situated within a quiet, well-maintained courtyard in Shrewsbury’s town centre.

The property comprises a range of well-appointed ground and first floor office suites, along with shared WC facilities and storage at ground level. The property offers reliable rental income and with redevelopment potential (subject to planning)

1 Bellstone Court is located in the heart of the sought after town of Shrewsbury, positioned behind Bellstone between the Old Bank Buildings and St Chad’s Church. Situated within the town’s historic river loop, just west of the main commercial area, the property is surrounded by a dynamic mix of retail, hospitality, office and residential buildings.

Access is gained via an arched, gated pedestrian passage from Bellstone leading into an enclosed courtyard known as Bellstone Court. Whilst there is no on-site parking within the property ownership, there is public parking conveniently available nearby at Rowley’s Mansion.

Key Location Highlights:

This well-connected, central location offers a blend of character and convenience, making the property highly attractive to both occupiers and investors in one of the West Midlands’ most vibrant market towns.

All measurements are approximate

Ground Floor
Suite One - 451 sq ft (41.94 m sq)
Shared Ladies and Gentlemen's Toilets.

First Floor
Suite Two - 312 sq ft (29.03 m sq)
Suite Three - 242 sq ft (22.50 m sq)

Total Gross Internal Floor Area
1,006 sq ft (93.48 m sq)

Tenancy Schedule

Suite One
Geosmart Information Ltd (Professional Services)
Rent - £6,500 per annum
Lease Details - Let on a lease expiring in July 2029.

Suite Two
Curl Confidence (Hair Salon)
Rent - £3,500 per annum
Lease Details - Quarterly rolling tenancy.

Suite Three
Merial Thomas ( Book Keeper)
Rent - £3,000 per annum
Lease Details - Quarterly rolling tenancy.

Further details available from the selling agents upon request.

Rateable Value

Interested parties to enquire with Shropshire Council

Price

Asking price of £165,000 (One hundred sixty-five thousand pounds) exclusive showing an initial yield of 7.72% (After allowing for purchasers costs in the normal way).

Vat

It is our understanding that the property is not elected for VAT.

Epc

Suite 1 - E
Suite 2 - G
Suite 3 - G

Tenure

The property is held Freehold (Title Number SL182539).

Planning

Interested parties are advised to make their own enquiries with the Local Planning Authority.

The property is understood to benefit from planning consent for Use Class E of the Town and Country use classes order.

Services

We understand that the property benefits from mains water, electricity, and sewage. Purchasers are to rely on their own investigations.

Legal Costs

Each party is to be responsible for their own legal costs

Local Authority

Shropshire Council, Guildhall, Frankwell Quay, Shrewsbury, SY3 8HQ