Cheshire Street, Market Drayton, TF9

*****COMMERCIAL PROPERTY *****
SET IN THE TOWN CENTRE OF MARKET DRAYTON AND OFFERING A COMMERCIAL INVESTMENT OPPORTUNITY IN A PRIME RETAIL LOCATION, IS THIS LARGE TWO STOREY PROPERTY WITH PRIVATE CAR PARK TO THE REAR.
A commercial investment opportunity currently producing £15,000 per annum until the 15th October 2023.
Lloyds Bank are based at the property and have a lease until the 15th October 2023 and we must stress:
BUSINESS IS UNAFFECTED.
The property is prominently located on Cheshire Street in Market Drayton and this is the prime retail pitch in the town centre. The population of Market Drayton is 11,773 ( 2011 census) and that is a significant increase of 8.1% on the 2001 figure and this indicates that the town is growing faster than the county average and major employers include Muller and Kerry Group.
Market Drayton is a small market town in north Shropshire, close to the Welsh Border. It is on the River Tern, between Shrewsbury and Stoke-on-Trent, and was formerly known as "Drayton in Hales" (c. 1868) and earlier simply as "Drayton" (c. 1695). Market Drayton is on the Shropshire Union Canal and on Regional Cycle Route 75. The A53 road by-passes the town. The counties of Staffordshire, Cheshire, and the Welsh Border are close by.
Market Drayton has a lot to offer including all the beautiful architecture, fantastic street market every Wednesday when Cheshire Street is closed to make way for the stalls, Cinema, public houses, a variety of restaurants, swimming baths, nursery, primary, secondary and sixth form colleges.
INVESTMENT SUMMARY
1. Prime retail location in Market Drayton.
2. Established tenant until 15th October 2023.
3. Private car park to the rear of the building.
Lloyds Bank are currently trading from the property and a door opens from the pavement into the main foyer and this is where the bank is trading.
Ground Floor Accommodation
Off the large foyer are a number of rooms and these are listed below.
Room Two: 12'3" ( 3.73m ) x 7'6" ( 2.29m )
Room Three: 8'8" ( 2.64m ) x 8'1" ( 2.46m )
Room Four: 10'5" ( 3.17m ) x 8' ( 2.44m )
Room Five: 9'2" ( 2.79m ) x 8'10" ( 2.69m )
Room Six:13'2" ( 4.01m ) x 11'11" ( 3.63m )
Room Six is currently where the cashiers use to deal with the day to day transactions.
Lower Ground Floor Accommodation
Stairs lead down to the ground floor basement and this has three store rooms.
Room One:15'5" ( 4.70m ) x 10'1" ( 3.07m )
Room Two:9'3" ( 2.82m ) x 7'3" ( 2.21m )
Room Three:11'11" ( 3.63m ) x 11'1" ( 3.38m )
First Floor Accommodation
Landing area with an emergency door to the rear that opens onto a metal staircase and this leads you down to the private rear carpark.
There are ladies and gent's toilet facilities.
Canteen:19'1" ( 5.82m ) x 12'11" ( 3.94m )
Housing base storage units, double drainer stainless steel sink, three windows and wall mounted gas fired central heating boiler.
Room Two:19'10" ( 6.05m ) x 10'4" ( 3.15m )
Room Three:8'10" ( 2.69m ) x 5'7" ( 1.70m )
Room Four:9'3" ( 2.82m ) x 6'6" ( 1.98m )
Room Five:7'2" ( 2.18m ) x 7'2" ( 2.18m )
Outside
To rear elevation is a private carpark for the staff via a gated entrance and you access this off Frogmore Road.
When appointments are made for you to view, it may take a couple of days to confirm, because of the bank's security that we must follow.
GENERAL INFORMATION
Legal Costs Each Party is to be responsible for their own legal costs in respect of this transaction.
EPC Rating D (100).
RatableInterested parties should make their enquiries to the local
Valueauthority.
ServicesMains gas, water, electricity and drainage.
CentralGas fired central heating boiler serving rooms as listed.
Heating
TenureUnderstood to be freehold, subject to confirmation from vendor's solicitor.
ViewingStrictly by appointment via S & J Property Centres, 75 Cheshire Street, Market Drayton, Shropshire, TF9 1PN.
Market "Thinking of Selling"? S & J Property Centres have the experience and local
Appraisal knowledge to offer you a free marketing appraisal of your own property without obligation. Budgeting your move is probably the first step in the moving process. It is worth remembering that we may already have a purchaser waiting to buy your home.
AML Regulations: To ensure compliance with the Anti Money Laundering regs: all intending purchasers
will be asked to provide us with identification prior to the paper work being issued.
Subject to contract. Vacant possession on completion.
We have not tested, where mentioned, the appliances, central heating or other services. Interested parties are advised to make their own enquiries and investigations before finalising their offer to purchase. Room sizes shown are to be used as a guide only and not to be taken as accurate and also should not be relied upon for carpets and furnishings.