Retail premises for sale in Market Drayton, Shropshire TF9

Just added
£1,000,000 (£24.96/sq. ft)
Interested in this property? Call +44 1743 534599 * or Request Details

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Retail premises for sale

40,057 sq. ft*

Property features

  • Floor area: 40,965 sq ft
  • Site area: 0.65 acres
  • Town Centre location
  • Two large well configured retail units
  • Development opportunity

Property description

40,965 sq ft (3,806 sq m) on a 0.65 acre site in an excellent Town Centre location.

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

For More Information Please Contact:

Berrys:
Cameron Frazer
M: T: E:

Emanuel jones:
David Williams
M: T: E:

Robert Alston:
M: T: E:

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Berrys, SY2 on +44 1743 534599 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Berrys, and do not constitute property particulars. Please contact Berrys for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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