2 High Street, Shrewsbury, SY1 1SP

Situation The property is prominently situated fronting High Street.
in the centre of the historic town centre of Shrewsbury and is located
in close proximity to many tourist attractions, such as Shrewsbury
Castle. The property also benefits from access onto St Alkmunds
Square, which is an attractive area in Shrewsbury in mixed residential
and commercial use and has St Alkmunds Church.
The surrounding occupiers include a number of complimentary
occupiers, such as Cromwells and The Prince Rupert Hotel, as well
as offices, retail units and unique boutiques, encouraging tourists,
shoppers, office workers and the surrounding local businesses and
high quality residential developments.

Rent The premises are available to let on a new Lease at £20,500 per annum (exclusive).

Services Not tested at the time of our inspection, prospective tenant should make enquiries.
It is understood that mains water, electricity and drainage are connected to the property.

Rates Rateable Value to be advised.

Local Authority Shropshire Council
Shirehall
Abbey Foregate
Shrewsbury
SY2 6ND
Telephone: 0345 678 9000

VATAll prices and figures quoted within these particulars are exclusive of VAT. It is understood that the property is elected for VAT.

Legal Fees The tenant is responsible for the Landlords reasonable legal expenses, plus VAT., and will be responsible for any abortive legal costs if they do not proceed after Solicitors have been instructed.

Viewings Strictly by prior appointment.

Contact:

Steven Jakeman
Spencer Jakeman Estate Agents
Estate House
46a Mardol
Shrewsbury
SY1 1PP

or

Julian F. Spencer BSc. (Est. Man.) MRICS
Julian Spencer Associates Limited
Estate House
46a Mardol
Shrewsbury
SY1 1PP

NOTEThe agent has not been able to verify the availability and nature of services. All interested parties should obtain verification through their solicitor or surveyor before entering a legal commitment to purchase.
Please note that our room sizes are quoted in metres to the nearest one tenth of a metre on a wall to wall basis. The imperial equivalent (included in brackets) is only intended as an approximate guide. We have not tested the services, equipment or appliances in this property; also, please note that any fixture, fittings or apparatus not specifically referred to in these details, is not included in the sale, even if they appear in any internal photographs. You are advised to commission appropriate investigations and ensure your solicitor verifies what is included in the sale, before entering a legal commitment to purchase. While we try to make our sales details accurate and reliable, Spencer & Jakeman does not give, nor does any Officer or employee have authority to give, any warranty as to the accuracy of any statement, written, verbal or visual. You should not rely on any information contained in these details when deciding whether to view or purchase.

Fees and memberships TENANTS FEES

Holding Deposit (per tenancy) One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadlines for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year) Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent of £50,000 or over per year) Six weeks’ rent. This covers damages and defaults on the part of the tenant during tenancy.
Unpaid Rent Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost Key(s) or other Security Device(s) Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord and other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant’s Request) £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenant’s Request) £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant’s Request)

Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Please note Spencer Jakeman Property Management Limited is a member of Client Money Protect and the Property Redress Scheme.