House · SY1 2AD
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROMINENT TOWN CENTRE COMMERCIAL UNIT – £14,000 PER ANNUM A prominently positioned commercial unit located on Castle Gates in the heart of Shrewsbury town centre, occupying a popular and busy location with excellent pedestrian footfall.
The property is currently trading as a popular convenience store, making this an excellent opportunity for an existing retailer or business looking to establish themselves in a highly visible town centre location.
Castle Gates is a well-established commercial area within central Shrewsbury, benefiting from a steady flow of pedestrians throughout the day and being within easy walking distance of the town's shops, businesses, amenities and transport links.
The central location provides excellent visibility and accessibility, making the premises particularly well suited to retail or other customer-facing uses.
The unit offers an excellent opportunity to take advantage of an established trading location in one of Shrewsbury's busiest and most convenient areas.
Rent: £14,000 per annum Further details and viewing arrangements available on request.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About 20 Castle Gates, Shrewsbury
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