An imposing detached Grade II Listed office building on the edge of Shrewsbury town centre is for sale.
Kingsland House, 39 Abbey Foregate presents an attractive investment opportunity while it also offers scope for conversion, subject to planning.
Providing versatile accommodation arranged over four floors, including basement storage, the building extends in total to approximately 4,493 sq ft and benefits from on-site car parking.
The property, which occupies a prominent roadside position in a popular area of Shrewsbury, is currently let as four individual suites which generate a combined rental income of £30,780 each year.
Toby Shaw is marketing Kingsland House for Towler Shaw Roberts.
He said: “This is an attractive investment or conversion opportunity, subject to planning.
“The property occupies a prominent position facing the original section of Abbey Foregate on the northern side of the historic Abbey Church, next to the junction with Whitehall Street and Horsefair .
“It’s within a short walking distance of Shrewsbury town centre and close to the popular Abbey Lawn office development.
“It’s an imposing and extended Grade II Listed building and provides spacious and well-appointed accommodation over four floors, including basement storage.
“Presently let as four individual suites accessed by a shared entrance hall, the accommodation further benefits from gas fired radiator central heating, carpeted flooring, communal toilet facilities and individual tea points to each suite.”
Offers in the region of £550,000 are invited for the freehold, with the benefit of the existing tenancies.
Contact Toby Shaw at TSR on (01743) 243900 for more details.