Grade II listed building in Shrewsbury town centre is sold in excess of asking price

A local investor has completed the purchase of an attractive two-storey Grade II listed building in the heart of Shrewsbury town centre for in excess of the asking price.

It was a unique opportunity to acquire the building on the corner of historic Fish Street and Grope Lane, which features three individual self-contained retail units.

Offers of around £225,000 had been invited for the building, at 11 Fish Street and 1 and 3 Grope Lane, which was jointly marketed by Towler Shaw Roberts and Nock Deighton.

Toby Shaw, who handled the sale for TSR said “It’s a very attractive period building comprising three shops. We were asking £225,000 for the property as an investment and it stimulated a lot of interest, so it was eventually sold in excess of the asking price.

“The property has been sold to a local investment company and TSR has been retained to manage the building going forward.”

Two of the three retail units are currently let but 3 Grope Lane is available to let.

Pictured: The Grade II listed building on the corner of Fish Street and Grope Lane in Shrewsbury has been sold to a local investor.  

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