Property photos
Just added
Freehold
Offers in region of
£95,000
(£728.25/sq. ft)
Retail premises for sale
31 High Street, Wem, Shrewsbury SY4From 130 - 469 sq. ft
Local area information
Property location
Nearby amenities
- St Peter's CofE Primary School 0.3 miles
- The Thomas Adams School, Wem 0.3 miles
- Wem 0.3 miles
- Yorton 3.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Freehold High Street commercial shop for sale at offers around £95,000 (exclusive), with vacant possession.
- Includes ground floor retail space of approx. 701 sq ft; upper flat sold on long leasehold generating a peppercorn rent.
- Suitable for occupiers or investors, offering immediate use or refurbishment potential.
- Prominent location on Wem High Street near Chapel Street, surrounded by independent traders and community services.
- Strong accessibility with nearby public car parks and rail links to Shrewsbury and Crewe.
- Estimated Rates Payable: £3829.5
Description
Available at offers in the region of £95,000 (exclusive), this freehold property presents a compelling chance to secure a vacant ground floor commercial shop in a high-visibility, High Street position. The building includes in its ownership a residential flat sold off on a long leasehold, generating a peppercorn rent for the freeholder. With a Total Net Internal Area (ground floor only) of approximately 701 sq ft, the shop offers immediate potential for occupation or refurbishment, making it an appealing proposition for both owner-occupiers and investors seeking a well-located asset in a vibrant town centre setting.
This commercial property presents a flexible investment or owner occupation opportunity: A freehold building, which includes the ground floor shop, with the upper residential flat sold off on long leasehold basis. The freeholder benefits from a peppercorn rent
from the flats. The ground floor shop provides a front-facing retail area and ancillary accommodation with a small internal courtyard.
Location
Positioned prominently on Wem High Street near the junction with Chapel Street, the property sits within the town’s established retail heart, long recognised for its independent traders and active local community. Its central placement ensures strong visibility along a key vehicular route, supported by several nearby public car parks.
Key Location Highlights
• Set among notable occupiers including Wem Town Hall, Rural Charity, Seasons Florists and Jays Place
• Close to multiple public car parks for convenient customer access
• Strong independent retail scene and steady footfall along the High Street
• Wem railway station provides direct links to Shrewsbury and Crewe
• Approximately 11 miles north of Shrewsbury, 20 miles north of Telford and
about 48 miles from Birmingham
• Local economy supported by agriculture, services, small enterprises and a
resilient town-centre trading environment
With its strong community presence, excellent accessibility and a High Street known for independent businesses, the location offers an appealing base for operators seeking both visibility and dependable local footfall.
Planning
The property is understood to benefit from planning consent for Use Class E of the Town and Country Planning (Use Classes) Order 1987.
Services
Electricity, drainage and water are understood to be connected. Services have not been tested at the time of inspection.
Tenure
Freehold tenure under title number SL122652
• including vacant ground floor shop
• upper residential apartment sold off on long leasehold basis
• the freeholder collects A peppercorn rent from the flat further details
upon request from the selling agents.
Local Authority
Shropshire Council
The Guildhall
Frankwell Quay
Shrewsbury
SY3 8HQ
Anti-Money Laundering (Aml) Checks
We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Available at offers in the region of £95,000 (exclusive), this freehold property presents a compelling chance to secure a vacant ground floor commercial shop in a high-visibility, High Street position. The building includes in its ownership a residential flat sold off on a long leasehold, generating a peppercorn rent for the freeholder. With a Total Net Internal Area (ground floor only) of approximately 701 sq ft, the shop offers immediate potential for occupation or refurbishment, making it an appealing proposition for both owner-occupiers and investors seeking a well-located asset in a vibrant town centre setting.
This commercial property presents a flexible investment or owner occupation opportunity: A freehold building, which includes the ground floor shop, with the upper residential flat sold off on long leasehold basis. The freeholder benefits from a peppercorn rent
from the flats. The ground floor shop provides a front-facing retail area and ancillary accommodation with a small internal courtyard.
Location
Positioned prominently on Wem High Street near the junction with Chapel Street, the property sits within the town’s established retail heart, long recognised for its independent traders and active local community. Its central placement ensures strong visibility along a key vehicular route, supported by several nearby public car parks.
Key Location Highlights
• Set among notable occupiers including Wem Town Hall, Rural Charity, Seasons Florists and Jays Place
• Close to multiple public car parks for convenient customer access
• Strong independent retail scene and steady footfall along the High Street
• Wem railway station provides direct links to Shrewsbury and Crewe
• Approximately 11 miles north of Shrewsbury, 20 miles north of Telford and
about 48 miles from Birmingham
• Local economy supported by agriculture, services, small enterprises and a
resilient town-centre trading environment
With its strong community presence, excellent accessibility and a High Street known for independent businesses, the location offers an appealing base for operators seeking both visibility and dependable local footfall.
Planning
The property is understood to benefit from planning consent for Use Class E of the Town and Country Planning (Use Classes) Order 1987.
Services
Electricity, drainage and water are understood to be connected. Services have not been tested at the time of inspection.
Tenure
Freehold tenure under title number SL122652
• including vacant ground floor shop
• upper residential apartment sold off on long leasehold basis
• the freeholder collects A peppercorn rent from the flat further details
upon request from the selling agents.
Local Authority
Shropshire Council
The Guildhall
Frankwell Quay
Shrewsbury
SY3 8HQ
Anti-Money Laundering (Aml) Checks
We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
More information
Listed by
Halls Commercial
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