Castle Gates, Shrewsbury
Annual Rental Of £14,000

PROMINENT TOWN CENTRE COMMERCIAL UNIT – £14,000 PER ANNUM

A prominently positioned commercial unit extending to approximately 680 sq ft, located on Castle Gates in the heart of Shrewsbury town centre. The property occupies a popular and busy location with excellent pedestrian footfall and strong visibility.

Forming part of an attractive Grade II listed period property, the unit benefits from an attractive period glazed frontage, providing excellent visibility from Castle Gates and adding character to the premises.

The property is currently used as a popular convenience store and offers an open-plan retail sales area upon entering, leading through to a separate store area, stock room and welfare facilities to the rear.

Castle Gates is a well-established and highly sought-after commercial location within central Shrewsbury, benefiting from a steady flow of pedestrians and being within easy walking distance of the town's shops, businesses, restaurants, amenities and transport links. The prominent position provides excellent visibility and accessibility, making the premises particularly well suited to retail or other customer-facing uses.

This is an excellent opportunity to acquire a commercial premises in an established trading location, with the combination of its prominent town centre position, attractive period frontage and existing retail layout offering significant appeal to prospective occupiers.

Rent: £14,000 per annum

Further details and viewing arrangements available on request.

Permitted payments and tenant protection information Permitted payments For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments: Holding deposits (a maximum of 1 week's rent); Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above); Payments to change a tenancy agreement EG. change of sharer (capped at £50 or, if higher, any reasonable costs); Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); Utilities, communication services (EG. telephone, broadband), TV licence and council tax; Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate); Reasonable costs for replacement of lost keys or other security devices; Contractual damages in the event of the tenant's default of a tenancy agreement; and Any other permitted payments under the Tenant Fees Act 2019. For properties in Wales, the Renting Homes (Fees etc.) (Wales) Bill , once enacted, means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments: Holding deposits (a maximum of 1 week's rent); Deposits; Utilities, communication services (EG. telephone, broadband), TV licence and council tax; Payments for the late payment of rent; A breach of a term of the contract; Any other permitted payments under the Renting Homes (Fees etc.) (Wales) Bill and regulations once enacted. Tenant protection In addition to publishing relevant fees, lettings agents are also required to publish details of the redress scheme they are a member of and the name of the approved or designated Client Money Protection scheme they are a member of (if any). Please refer to our website for further details.