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15-16 Mardol, Shrewsbury

£54,000 pa
3,536 Sq Ft

Rare opportunity to lease a highly regarded and well-established bar venue in the heart of Shrewsbury town centre.

RetailRateable Value: £36,500

Property Features

  • Two distinguishable trading areas/concepts.
  • A fully fitted hospitality venue.
  • A prominent, distinctive Grade II* Listed building.
  • Town-Centre location.
  • A long-established licensed use.
  • Valuable outdoor trading space.
  • The ability for a Tenant to commence trading without a major initial fit-out.
  • 2 bedroom management accommodation included.

Property Details

The property occupies a highly prominent corner position fronting both Mardol and Hills Lane in Shrewsbury town centre. It comprises a three-storey, timber-framed Grade II* listed building, believed to date from the 16th century, with substantial later 20th century alterations and refurbishment.

The frontage to Mardol benefits from an extensive glazed ground floor elevation, providing strong visibility and natural light. The upper floors feature two large original bay windows to the first and second floors, incorporating decorative period woodwork. The Hills Lane elevation provides a secondary access point together with a wide display window, enhancing profile and operational flexibility.

Internally, the ground and first floors are currently configured and operating as a cocktail bar with the bar on the ground floor and customer seating spread over the ground and first floor.

The second floor provides a two-bedroom apartment/staff accommodation, accessed independently from the rear via Hills Lane, with an additional internal connection from the bar area. The property also benefits from two dry cellars, providing valuable storage.

The ground floor retains a wealth of character features including exposed timber beams and original wooden flooring. The first floor is board-finished with decorative linoleum, while the second floor accommodation comprises carpeted bedrooms and a timber-floored kitchen/living area. Walls throughout are plastered and painted, and windows are fitted with secondary glazing. The premises are heated electrically, with air conditioning units installed within the bar area and wall-mounted heating panels serving the upper accommodation.

To the rear of 15–16 Mardol, accessed via Hills Lane, is the Caterpillar Bar, an external enclosed bar area comprising a converted container bar with side access and WC facilities. The space is further enhanced by a steel-framed marquee with retractable sides, providing covered seating with heaters for year-round outside hospitality.

Following eight successful years of trading, the current operators have made the strategic decision to focus on other business interests. This presents a rare opportunity to secure a new lease of a fully fitted, established licensed premises in a prime town centre location. A premium is sought for the existing fixtures, fittings and equipment, providing an incoming operator with a turnkey venue from which to launch or expand their business.

Location
Located at the intersection of Mardol, Roushill and Hills Lane, the building benefits from quick access to multiple surface level car parks with bus stops on Barker Street, as well as being a short walk to the Railway and Bus Stations.

Nearby occupiers include House of Yum (Thai restaurant), Osteria (Italian restaurant), Pizza Express, Avatar (Nepalese and Indian restaurant), Kings Head (public house), Rough Draft (bar), Café Oro (bistro café), together with a variety of retailers driving additional daytime footfall.

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.  

Shrewsbury has a resident urban population of approximately 80,000 people with a County-wide population in excess of 325,000.

Available Area

Location Map

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Call us on: 01743 276666

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