5 Queen Street, Market Drayton, TF9 1PX
Size
1,249
Tenure
Freehold
EPC
Parking
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- Primary use
- Mixed use
- Other use(s)
- Other, High street retail
No floor / site plan
Key features
- Attractive three storey mixed use commercial / residential investment property.
- Comprising a single retail unit with two residential apartments on the upper floors.
- Occupying a convenient location within Market Drayton Town Centre.
- Located amongst a range of national and independent retailers.
- Currently generating a combined rental income of £15,650 per annum exclusive.
Description
The retail unit provides well-appointed accommodation with an attractive glazed frontage and having been fit out to a modern standard with kitchenette and toilet facilities.
The upper floors provide manageable and well-appointed residential accommodation with separatee ground floor access at the front.
The property occupies a convenient location within the pedestrianised area of Market Drayton town centre with a range of local and national retailers nearby. The property is also within a short walking distance of the town’s main pay and display car parks and other amenities.
Market Drayton is the third largest market town in Shropshire with a population exceeding 12,000 people and boasts excellent road networks, being approximately 15 miles from the M6 and 20 miles from the M54, with the County Town of Shrewsbury being 21 miles to the south via A53.
The property is offered For Sale inviting offers in the region of £150,000 for the freehold interest subject to the existing tenancies. A sale at this level reflects a gross yield of 10.43%.
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- Business rates
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- Use class
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- Listed building
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- Environmental description
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Brochure
About Towler Shaw Roberts, Shrewsbury
Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR's in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.
As a progressive and proactive firm, we offer a holistic range of services that encompass the breadth of our clients' needs and include Asset Management, Agency, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice, Dilapidations and Property Management.
With Clients ranging from private individuals to national Corporates, TSR offer each client the same level of service with clear, professional and consistent advice on all property matters.
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Disclaimer - Property reference 427359-1. 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 Towler Shaw Roberts, Shrewsbury. 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.