27 Wyle Cop, Shrewsbury
Attractive, town centre, four storey, Grade II Listed mixed use investment for sale.
Property Features
- Located on Wyle Cop, reputedly the largest run of independent shops in the UK.
- Split into a Ground Floor retail unit with extensive cellar storage and three flats above accessed through separate entrance off Wyle Cop.
- The Ground Floor is occupied by renowned wine merchants Tanners Wines Ltd (CRN 10172469) t/a Tanners Wine Merchants.
- Available at of £315,000 with a current annual rent of £21,700 reflecting a Gross Initial Yield of 6.9% rising to 8.4% when fully let.
- Further management opportunities, subject to planning.
Property Details
The property comprises a ground floor retail shop with a cellar and rear enclosed courtyard. Via a separate access to the right hand side of the shop is the communal entrance to three additional floors currently divided into three flats. The front of the premises forms part of the Grade II Listed building featuring a traditional fully glazed shopfront and a timber façade under a pitched tiled roof.
Location
27 Wyle Cop occupies a prominent position at the bottom of Wyle Cop, on the right hand side as you approach from English Bridge. Specifically the subject property and the wider Tanners Buildings are located adjacent to the town’s NPC Car park and so enjoy excellent footfall to and from the town centre.
Wyle Cop is reputedly the longest run of independent retailers in the UK and provides a major tourist draw for Shrewsbury. It begins on the ‘town’ side of English Bridge and extends into the town centre where it merges with the High Street.
Shrewsbury is the county town of Shropshire being located approximately 48 miles North-West of Birmingham, 43 miles South of Chester, and 17 miles West of Telford. The town benefits from excellent transport links with arterial roads leading from the A5 (T) to the M54 motorway and on towards the M6 and the rest of the country’s national motorway network. The Town is also located off the A49 Hereford to Cheshire trunk
road and at the beginning of the A458 to mid-Wales. There are also direct rail services to London Euston (approximately 2 hours 41 minutes) and also to Birmingham, Manchester and Cardiff.
Shrewsbury has a resident urban population of approximately 80,000 people with a County-wide population in excess of 325,000.
Shrewsbury and Retail:
In 2024, Shrewsbury was named number one in the Telegraph’s list of UK’s best high streets. Shrewsbury Market Hall has also been voted ‘Britain’s Favourite Market’ for an "unprecedented” third year running and a record 4th time at the 2025 Great British Market awards. The town is also home to Wyle Cop which is reputedly the longest uninterrupted run of independent traders in the Country. Given such accolades, it is hardly surprising that Shrewsbury’s High Street attracted record footfall numbers in December 2024 with more than £135million spent by visitors to it’s town centre shops and businesses, outperforming GB benchmarks
Available Area
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