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Property
Leek Street, Wem, Shrewsbury, Shropshire SY4
£275,000
Leek Street, Wem, Shrewsbury, Shropshire SY4
£275,000
Our Summary
- Freehold Mixed-Use Investment Opportunity – 12 Leek Street, Wem
- Freehold block of three commercial units with residential development potential
- Development potential to upper floors (subject to planning):
- Potential for additional commercial space if desired
- Scope to enhance value through upper floor redevelopment or reconfiguration
- Suitable for investors, developers, or owner-occupiers
- Upper floors suitable for conversion to residential apartments or commercial use (subject to planning consent)
Description
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Here is a summary of the property description in a single paragraph without a list:
This freehold property in Wem, Shropshire, is a mixed-use investment opportunity featuring three commercial units with potential for residential development. The units are located on a busy through-road with strong visibility and accessibility, and benefit from dedicated tenant parking and customer parking available at the front. The property is currently let to long-term tenants, providing a secure income stream, and there is scope to enhance value through upper floor redevelopment or reconfiguration. The property is situated in a thriving market town with a growing residential population and a strong local economy, making it an attractive investment opportunity for developers, investors, or owner-occupiers.