Market Drayton, Shropshire, TF9

Location

Market Drayton is a market town in Shropshire with a population of approximately 12,000 but with a much larger catchment and benefits from easy access to Shrewsbury (23 miles away) and Stoke (16 miles away) via the A53. The town has a mix of multiple and independent retailers who include Iceland, Costa and Greggs.

Description

The property occupies an excellent location and is a substantial building in total of 40,965 sq ft (3,806 sq m) of retail and anncilery accommodation over two floors with a site coverage of 0.65 acres. The property also offers scope for redevelopment being a prominent Town centre site.

Accommodation

Ground Floor: Unit A - 5,076 sq ft (471.6 sq m) Unit B - 16,189 sq ft (1,504 sq m) First Floor: Unit A - 9,607 sq ft (892.5 sq m) Unit B - 6,900 sq ft (641.1 sq m) Total: Unit A - 14,683 sq ft (1,364.1 sq m) Unit B - 23,089 sq ft (2,145.1 sq m)

Rateable Value

Unit A = £94,500 Unit B = £94,500

Planning / Use

The property most recently was used as two retail stores with Class E. However we believe offers potential for numerous alternative uses subject to planning which could include Leisure as well as residential.All interested parties should make their own enquiries to the local authority.

EPC

We understand the properties have an EPC rating of C (73). A copy of the certificate can be provided upon request.

Subject to Planning

A rare opportunity for a purchaser to acquire a Town Centre site in Shropshire with a significant existing footprint, suitable for a variety of different uses, subject to planning: Residential Conversion Senior Living / Care Home Retail and Leisure Healthcare Hotel

Terms

The property is available to let on a new lease or for sale, the building is also available as a whole. Unit A - Rent £40,000 pa - Price £375,000 Unit B - Rent £70,000 p/a - Price £695,000 Subject to Contract

For more information please contact:

Berrys: Cameron Frazer M: T: E: cameron. emanuel jones: David Williams M: T: E: Robert Alston: M: T: E: