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Cross Street, Ellesmere, Shropshire

West Midlands

£599,995

Listed on 23/06/2026

The listing

Property details

Bedrooms
9
Type
House
Area
3315 sqft

Features

  • Garden

Description

This freehold property offers a unique investment opportunity in the center of Ellesmere, a picturesque market town in North Shropshire. The substantial three-storey mixed-use building spans approximately 3,300 square feet and was formerly used as a restaurant and pub, featuring a spacious open-plan dining area, commercial kitchen, and several characterful elements such as timber finishes and fireplaces. Above this, there is potential for conversion of the residential space into self-contained apartments or continuation of its current live/work setup, depending on planning approvals. At the rear, you'll find Philoxenia Mews, which consists of four fully equipped boutique holiday cottages that have been successfully operating as short-term rental units since their high-quality renovation in 2020. Each cottage enjoys independent access and shares an enclosed courtyard that could serve as additional amenity space or outdoor dining options. The versatility of this property is one of its key attractions; it can function effectively as a hospitality venue while also providing significant scope for residential redevelopment or further investment opportunities. With its prime location in a town known for natural beauty and strong community ties, the entire site presents various possibilities including private rentals, co-working spaces, or fully residential conversions. Ellesmere itself boasts excellent local amenities including independent shops, eateries, and essential services alongside convenient transport links to surrounding towns. This property is well-connected to mains utilities and offers vacant possession upon completion.

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Location

Cross Street, Ellesmere, Shropshire
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Finance

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,267
Based on a loan of £449,996 over 30 years at 4.45% interest

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