Premises Available
Interested in the availability of shop units in the Parade Shopping Centre?
THE BUILDING
The Parade is a unique shopping centre which is home to 30 independent shops on two floors. Built in 1827 as the Royal Salop Infirmary in Greek renaissance style, it is now a grade II listed building. It was completely refurbished in 1983 to provide a selection of shops to give the shopper an experience quite different from chain stores in the High Street. The Parade offers some of the best town-centre speciality shops and workshops in prestigious surroundings.
SITUATION
The Parade is situated in St Mary’s Place in the town-centre of Shrewsbury. The building is a short walk from Castle Street and Pride Hill. To the rear it overlooks the River Severn and the English Bridge. Shoppers can approach from Castle Street or St Mary’s Street. There is a short-stay car park to the front of the building, giving easy access for customers.
TENURE
Standard leases are available for a term of up to six years based on a three year rent review.
Specific terms may be varied to suit particular needs.
RENT
Separate sheet with details supplied on application or can be downloaded as a pdf document below. All rents are subject to VAT.
SERVICE CHARGES
The service charge is for maintenance of the common parts of the building which includes:-
• All cleaning and caretaker services
• Refuse collection
• Servicing of fire equipment
• Insurance of the building
• Environmental water rates
The exterior maintenance of the building is proportioned with the three floors of apartments above.
ACCESS
Parking spaces for tenants are limited and are therefore available at a discounted rate per hour. A Loading / unloading time allowance is given free of charge each day.
ALTERATIONS
Any alterations to a shop must have prior consent of the landlord. The landlord reserves the right to request that any alterations be returned to the original specification at the tenant’s cost on vacating the unit.
AUTHORISED USES
The landlord takes an active role in deciding what uses are suitable to The Parade.
The general idea being that individual shops should complement one another to draw a wide range of people to The Parade without being detrimental to the trade of one another although it can be that an amount of overlap in trading is healthy competition. The landlord reserves the right to decide what trades are allowable and to what extent they should overlap.
SECURITY
The Parade is fitted with double locks on all public doors. After business hours all public doors are bolted from the inside. Access is available for tenants via the main entrance. Tenants should make their own security precautions within their shop.
SERVICES
Electric: Mains electric to all units.
Gas: Mains gas can be made available to most units.
Water: Mains water is connected to most units metered by a landlord’s supply.
Rates: All payments for business rates are paid direct to the Shropshire Council.
Download tenancy application form