Attractive Retail Investment Properties in Shrewsbury to Feature in Bond Wolfe’s December Auction

A pair of well-presented retail properties in the heart of Shrewsbury town centre are set to attract strong investor interest when they go under the hammer at Bond Wolfe’s next live-streamed auction on Wednesday 10 December.

Located at 74 & 75 Mardol, the properties are guided at £400,000+ and currently produce £28,000 per annum in rental income. This figure is scheduled to increase to £41,500 per annum from August 2026, and then to £45,500 per annum from August 2027 through to the end of the term in 2030 offering buyers a clear and secure income growth profile.

Two Established Tenants on Recently Renewed Leases

Both units are fully let to established and successful businesses:

• 74 Mardol – Florence & Company: an independent designer womenswear boutique.

• 75 Mardol – Rohan: the high-end outdoor and travel clothing retailer.

Both tenants agreed five-year renewal leases earlier this year, underlining the strength of their trading positions and the attractiveness of Mardol as a retail location.

Ian Tudor, Commercial Auction Director at Bond Wolfe, commented:

“This is a highly attractive investment opportunity in one of Shrewsbury’s most characterful and popular retail areas. With recently renewed leases, strong tenant covenants and scheduled rental increases, we expect significant interest from investors both locally and further afield.”

Characterful Accommodation Across Three Storeys

The properties form part of an attractive mid-terraced three-storey building, comprising two self-contained ground floor retail units with extensive ancillary accommodation above.

74 Mardol includes a well-presented retail space with changing area, stock room and WC.

75 Mardol features a modern main retail area with changing rooms, plus stairs leading to a first-floor stock room, office, staff room/kitchenette and WCs. The second floor provides additional storage rooms and access to attic space. The upper floors extend across both units.

Accommodation includes:

• 74 Mardol: approx. 666 sq ft

• 75 Mardol Ground Floor: 1,187 sq ft

• 75 Mardol First Floor: 1,467 sq ft

• 75 Mardol Second Floor: 835 sq ft

Prime Location on One of Shrewsbury’s Oldest Streets

Mardol is one of Shrewsbury’s oldest and most characterful streets, stretching from Claremont Street to Mardol Quay. Renowned for its mix of independent boutiques, artisan traders, cafés, restaurants and pubs, the street blends strong footfall with historic charm. Nearby national occupiers include Lakeland, Jessops and Pizza Express.

Shrewsbury itself is the historic county town of Shropshire, strategically located at the junction of the A49 and A5, approximately 55 miles north-west of Birmingham and 40 miles south of Chester.

Auction Details

This Shrewsbury investment opportunity will be among 177 lots featuring in Bond Wolfe’s auction on Wednesday 10 December, starting at 8.30am.

The auction will be live-streamed via the Bond Wolfe website, with remote bidding available by proxy, telephone and internet.

For more information or to view the legal documents, visit bondwolfe.com.