Shrewsbury Town Centre Retail Investment Sale Completed

Cooper Green Pooks (Commercial Property Consultants) Cooper Green Pooks are pleased to report the sale of

9 Wyle Cop/1 Dogpole in Shrewsbury town centre.DSC02073

The property comprises a four storey period building occupying a busy corner position at the upper end of Wyle Cop, being among a number of niche independent retailers but also close to High Street and The Square. The ground floor of the property includes a shop unit with ancillary accommodation to the upper ground floor and part of the first floor with yard and basement. The residential flat is accessed separately off Dogpole and includes 3 bedrooms, bathroom, kitchen and living room.

The property was offered for sale at offers around £280,000, and with the retail unit being let and the benefit of the residential accommodation, there was plenty of interest from investors and developers. The property was eventually sold to a private investor.

Alessio Dyfnallt, who handled the sale on behalf of the seller, said “This property attracted a great deal of interest as it offered a flexible and attractive investment opportunity. There is a local occupier in Vinterior on the ground floor while there is the added benefit of income from the residential accommodation. We had a number of enquiries and are pleased to have concluded the sale on behalf of our client. Cooper Green Pooks will now manage the property on behalf of the purchaser and have been asked to project manage the refurbishment of the flat.”

For further information contact:

Alessio Dyfnallt, Cooper Green Pooks – 01743 276666 or  ad@cgpooks.co.uk

 

 

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