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22 Cheshire Street, Market Drayton TF9 1PF

Guide Price
£120,000

Business rates & charges may apply

SDL Property Auctions - Commercial, Nationwide
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SECTOR

Hospitality facility for sale

Key features

  • Auction: 29.05.2025 09:00
  • Prime location unit with good frontage
  • Finished to a high standard internally including commercial kitchen
  • Scope for change of use subject to planning
  • EPC Rating: C

Description

For sale on 29 May 2025
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
The auction will commence at 09:00.

A vacant former traditional Tea Rooms extending over over 4 floors giving scope for a variety of alternative uses, subject to planning.

We have been advised the unit has been extensively refurbished recently with no expense spared, including a fully fitted commercial kitchen, kitchen equipment included, new styled washrooms and painted throughout. The unit could be opened and trading with minimal expenditure.

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. 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.

Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure: Freehold

EPC Rating: C

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 2% of the purchase price, subject to a minimum of £3,000 (including VAT).

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

22 Cheshire Street, Market Drayton TF9 1PF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Prees Station8.6 miles

About SDL Property Auctions - Commercial, Nationwide

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At SDL Property Auctions, our award-winning team, sells a wide range of residential and commercial properties across the length and breadth of the UK, for both private individuals and corporate clients. Our lots range from investment properties, vacant houses, building plots, commercial and mixed-use buildings and more.

With a commitment to speed, simplicity and certainty, SDL Property Auctions offers customers the fastest, simplest and safest way to buy or sell residential and commercial properties, through our ground-breaking online auction platforms. Whether a first-time or experienced buyer or investor, our award-winning team provides our customers with a seamless transaction and a swift, efficient and fair auction experience.

Our monthly National Property Auctions are live streamed online - for free and without logging in - from our head office auction studio with a live auctioneer at the rostrum and are open to remote bidding online, on the phone and by proxy. We also hold Timed Auctions on our website every day of the year. With all lots open to bidding 24/7, buyers can click and immediately place their bids at a time to suit them.

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You can regularly see us on BBC's Homes under the Hammer and Channel 4's The Great House Giveaway.

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202408281228sq_ipic. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SDL Property Auctions - Commercial, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call SDL Property Auctions - Commercial, Nationwide on 08000 465454.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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