£24,000 pa
Property to let
Property photos
Just added
£24,000 pa
£2,000 pcm
Property to let
Mardol Head, Shrewsbury SY1Local area information
Property location
Nearby amenities
- St Winefride's Convent School 0.2 miles
- Shrewsbury High School 0.2 miles
- Shrewsbury 0.3 miles
- Yorton 7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Shrewsbury to find out more about the local area.
Features and description
- A substantial four-storey bar premises extending to approximately 1,448 sq ft (134.35 sq m)
- The sale of the lease and the fixtures and fittings offers an excellent opportunity to acquire a fully fitted.
- The premises would suit future uses including retail and hospitality.
- The property occupies a prominent position fronting onto Mardol Head, within the heart of the sought-after town of Shrewsbury. Mardol Head leads directly off the main High Street.
- The accommodation throughout is bright and spacious, and the full potential of the property can only be truly appreciated via an internal inspection.
The property comprises a substantial four-storey, fully fitted bar premises extending to approximately 1,448 sq ft (134.35 sq m), occupying a prominent position on Mardol Head in the heart of Shrewsbury town centre. Available by way of a lease assignment, the property benefits from an attractive glazed frontage, accommodation arranged over four floors, and significant potential for business growth. Offered as a turnkey opportunity with fixtures and fittings included, the premises would also suit a variety of alternative retail or hospitality uses, subject to the necessary consents.
Description
The property comprises a substantial four-storey bar premises extending to approximately 1,448 sq ft (134.35 sq m) and benefits from an attractive glazed frontage. The property offers the opportunity to assign the lease for a fully fitted lock-up shop unit, currently trading as The Lantern’s Protection and fitted out for its existing licensed leisure use.
Arranged over two trading floors (four storeys in total), the premises currently provides a nostalgic, retro pub atmosphere featuring patterned carpets, feature wallpapers, gaming machines, and classic pub staples such as pool and darts-offering an inviting slice of 90s pub charm on one of Shrewsbury’s busiest streets.
The ground floor includes a fully fitted bar with ample seating for 21+ customers. The first floor provides further seating for 15+, together with a dedicated pool and darts area with generous standing space, as well as two toilet cubicles with a shared wash basin. Additional space is provided through a basement and attic floor, currently used for storage but offering scope for potential expansion. The accommodation throughout is bright and spacious, and the full potential of the property can only be truly appreciated via an internal inspection. The sale offers an excellent opportunity to acquire a fully fitted, turnkey business with significant potential for further growth as it becomes more established. The premises would suit future uses including retail and hospitality.
Location
The property occupies a prominent position fronting onto Mardol Head, within the heart of the soughtafter
town of Shrewsbury. Mardol Head leads directly off the main High Street, forming part of the
town’s established retail core.
The property benefits from close proximity to several public car parks serving the town centre, ensuring
convenient access for both shoppers and visitors. Nearby occupiers include French Connection, Go
express, Café Nero and Blacks contributing to a strong and diverse retail environment.
Shrewsbury is the County Town of Shropshire and serves as a major administrative, commercial and
tourist hub, drawing from a significant catchment population. Set on the River Severn, the town
recorded a population of 76,782 at the 2021 census. It lies approximately 48 miles west of Birmingham
and around 40 miles south of Chester, with excellent connectivity to the national road network via the
A5 and the M54 link road.
Accommodation
All measurements are approximate
Basement - Cellar 298 sq ft (27.69 sq m)
Ground Floor Bar- 350 sq ft (32.52 sq m)
First Floor seating- 311 sq ft (28.89 sq m)
Toilets 68 sq ft (6.32 sq m)
Second Floor- Attic Space 421 sq ft (39.11 sq m)
Total 1,448 sq ft (134.53 sq m)
Price
A price of £5,500 (exclusive) is sought for the fixtures and fittings within
the property.
Tenure
The property is available by way of an assignment of the existing lease a
copy of the same is available from the letting agents upon request.
The property is offered subject to the following occupational lease
terms:
• Lease Term: 10 years from 16th April 2025. Rent: £24,000 per annum
• Rent Review: At the end of year 5.
Tenants full Repairing and Insuring Basis.
• The lease is understood to be within the Landlord and Tenant Act 1954
Part 2.Tenant option to determine at the 5th year of the term, subject
to 6 months prior notice.
Planning
Prospective purchasers should rely on their own enquiries. The property is understood to fall within the sui generis use class as a licenced drinking premises under the Town and Country Planning (Use Classes) Order 1987 (as amended) and it benefits from a full licence to serve alcohol.
Viewing
Strictly by prior arrangement with the selling agents. For more information or to arrange a viewing, please contact:
Services
(Not tested at the time of our inspection.) We understand that mains water, electricity, drainage are connected to the property
Fixtures And Fittings
A detailed inventory is available from the selling agents upon request
Local Authority
Shropshire Council
Guildhall
Frankwell Quay
Frankwell
Shrewsbury
SY3 8HQ
Rent
£24,000 per annum
Vat
The property is registered for VAT, therefore VAT will be payable.
Rates
We have made online enquiries to the local authority and were advised
as follows:
Rateable Value: £23,750
Rates Payable: £11,851.25 per annum
Legal Costs
Each party to bear their own costs. The purchaser is to be responsible for any landlord’s legal costs incurred in respect of the assignment of the new lease
Epc
B (47)
Description
The property comprises a substantial four-storey bar premises extending to approximately 1,448 sq ft (134.35 sq m) and benefits from an attractive glazed frontage. The property offers the opportunity to assign the lease for a fully fitted lock-up shop unit, currently trading as The Lantern’s Protection and fitted out for its existing licensed leisure use.
Arranged over two trading floors (four storeys in total), the premises currently provides a nostalgic, retro pub atmosphere featuring patterned carpets, feature wallpapers, gaming machines, and classic pub staples such as pool and darts-offering an inviting slice of 90s pub charm on one of Shrewsbury’s busiest streets.
The ground floor includes a fully fitted bar with ample seating for 21+ customers. The first floor provides further seating for 15+, together with a dedicated pool and darts area with generous standing space, as well as two toilet cubicles with a shared wash basin. Additional space is provided through a basement and attic floor, currently used for storage but offering scope for potential expansion. The accommodation throughout is bright and spacious, and the full potential of the property can only be truly appreciated via an internal inspection. The sale offers an excellent opportunity to acquire a fully fitted, turnkey business with significant potential for further growth as it becomes more established. The premises would suit future uses including retail and hospitality.
Location
The property occupies a prominent position fronting onto Mardol Head, within the heart of the soughtafter
town of Shrewsbury. Mardol Head leads directly off the main High Street, forming part of the
town’s established retail core.
The property benefits from close proximity to several public car parks serving the town centre, ensuring
convenient access for both shoppers and visitors. Nearby occupiers include French Connection, Go
express, Café Nero and Blacks contributing to a strong and diverse retail environment.
Shrewsbury is the County Town of Shropshire and serves as a major administrative, commercial and
tourist hub, drawing from a significant catchment population. Set on the River Severn, the town
recorded a population of 76,782 at the 2021 census. It lies approximately 48 miles west of Birmingham
and around 40 miles south of Chester, with excellent connectivity to the national road network via the
A5 and the M54 link road.
Accommodation
All measurements are approximate
Basement - Cellar 298 sq ft (27.69 sq m)
Ground Floor Bar- 350 sq ft (32.52 sq m)
First Floor seating- 311 sq ft (28.89 sq m)
Toilets 68 sq ft (6.32 sq m)
Second Floor- Attic Space 421 sq ft (39.11 sq m)
Total 1,448 sq ft (134.53 sq m)
Price
A price of £5,500 (exclusive) is sought for the fixtures and fittings within
the property.
Tenure
The property is available by way of an assignment of the existing lease a
copy of the same is available from the letting agents upon request.
The property is offered subject to the following occupational lease
terms:
• Lease Term: 10 years from 16th April 2025. Rent: £24,000 per annum
• Rent Review: At the end of year 5.
Tenants full Repairing and Insuring Basis.
• The lease is understood to be within the Landlord and Tenant Act 1954
Part 2.Tenant option to determine at the 5th year of the term, subject
to 6 months prior notice.
Planning
Prospective purchasers should rely on their own enquiries. The property is understood to fall within the sui generis use class as a licenced drinking premises under the Town and Country Planning (Use Classes) Order 1987 (as amended) and it benefits from a full licence to serve alcohol.
Viewing
Strictly by prior arrangement with the selling agents. For more information or to arrange a viewing, please contact:
Services
(Not tested at the time of our inspection.) We understand that mains water, electricity, drainage are connected to the property
Fixtures And Fittings
A detailed inventory is available from the selling agents upon request
Local Authority
Shropshire Council
Guildhall
Frankwell Quay
Frankwell
Shrewsbury
SY3 8HQ
Rent
£24,000 per annum
Vat
The property is registered for VAT, therefore VAT will be payable.
Rates
We have made online enquiries to the local authority and were advised
as follows:
Rateable Value: £23,750
Rates Payable: £11,851.25 per annum
Legal Costs
Each party to bear their own costs. The purchaser is to be responsible for any landlord’s legal costs incurred in respect of the assignment of the new lease
Epc
B (47)
Floor plans and tours
Floor plans (1)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Halls Commercial
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Halls Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Halls Commercial for full details and further information.