M&S Foodhall 37 Smithfield Road Oswestry Shropshire SY11 2EL

The property is a purpose-built foodstore comprising a foodhall with bakery and click-and-collect services on the ground floor, along with ancillary accommodation on the first floor. It features a main customer entrance on Smithfield Street and a secondary access to the rear leading to a car park. The store is serviced through a side service yard. The tenure is freehold, and the property is entirely let to Marks & Spencer Plc, with a lease lasting 20 years until January 2039, subject to a tenant's option to break in January 2034. The annual rent is £126,726, with upward-only RPI-linked rent reviews subject to a 0% collar and a 3% cap. The approximate size of the property is 1,181 sq.m. (12,713 sq.ft.), and it has been occupied by M&S since 2007. It is the sole premium food retailer in the town, with nearby occupiers including Boots, Specsavers, Costa, Greggs, and Sainsbury's. The location is adjacent to the town's two principal council-operated car parks and is approximately 18 miles north-west of Shrewsbury, with good transport links including Gobowen Railway Station, which is 3 miles to the north.