Property photos
Freehold
Offers in region of
£425,000
(£117.47/sq. ft)
Property for sale
64-66 Cheshire Street, Market Drayton TF93,618 sq. ft
Local area information
Property location
Nearby amenities
- Market Drayton Infant School 0.2 miles
- Longlands Primary School 0.3 miles
- Prees 8.5 miles
- Whitchurch (Shropshire) 8.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Market Drayton to find out more about the local area.
Features and description
- Freehold
- For Sale as a whole or in part
- Investment Opportunity
- Passing Rent of £20,400 p.a.
- Prime retail location
- Dual Fronted
- Shop, Office and Residential Spaces
- Redevelopment Opportunities
Description
The property comprises of a substantial part three, part two and part single storey property that has dual frontage onto Cheshire Street and Queen Street. The property is currently arranged as two ground floor lock shop units that are tenanted, offices that will be vacant which are arranged over two floors of the property and two self contained residential flats that are tenanted. The property is of traditional construction with glazed frontages at ground floor level. All parking to the property is on street.
The shop unit known as Number 64A Cheshire Street has a Total Net Sales Area of approximately 456 sq ft and is arranged with sales, changing room and toilets.
The shop unit known as Number 64 Cheshire Street has a Total Net Sales Area of 353 sq ft. The barbers is arranged as a sales area, kitchenette and toilet.
Flat 23, Queens Street comprises of a 1 bedroomed flat on the ground floor with a Total Gross Internal Area of 610 sq ft. The flat also benefits from an external patio area. The property has a second floor flat that is above 64A Cheshire Street which 1 bedroomed with a Total Gross Internal Floor Area of approximately 455 sq ft.
The rest of the property comprises offices arranged over the ground and first floor within building and known as 66 Cheshire Street. There are arranged as 8 offices in total with welfare facilities and provide offices with a Total Net Internal Floor Area of approximately 1,744 ft sq.
The property provides a part income producing property with further investment potential and significant development potential for residential conversion, subject to statutory consents. The property is attractive to investors, property developers and owner occupiers and its potential can only be fully appreciated by undertaking an inspection of the property.
Location
The property is prominently located in the town centre of Market Drayton fronting onto Cheshire Street and Queen Street. The property is located in the prime retail pitch of the town. The property is located in proximity to all local amenities and is within proximity of a variety of public car parks serving the town.
The surrounding occupiers include Boots, NatWest, and Bargain Booze.
Market Drayton is an established market town in North Shropshire with a population of about 12,000 people. The town is located approximately 20 miles from the County Town of Shrewsbury and approximately 19 miles from the town of Telford and approximately 20 miles from the city of Stoke.
Terms
The property is to be sold freehold, subject to the occupational tenancies detailed in the brochure.
The property is offered for sale as a whole or in part.
Planning
Prospective purchasers should make their own enquiries.
The property is understood to benefit from planning on the ground floor lock up shop units for Use Class E of the Town and Country Use Classes Order 1987.
The offices are understood to benefit from planning consent for Use Class E of the Town and Country Use Classes Order 1987.
The residential flats are understood to benefit from planning consent for Use Class C3 of the Town and Country Use Classes Order 1987.
The property has significant potential for alternative uses subject to statutory consents.
Services
(Not tested at the time of our inspection.)
We understand that gas, water, electricity and drainage are connected to all the parts of the property with the exception of shop 64A Cheshire Street which has no gas.
We understand that the respective departments benefit from separate mains metered supplies, prospective purchasers should rely on their own enquiries.
Anti-Money Laundering (Aml) Checks
We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
The property comprises of a substantial part three, part two and part single storey property that has dual frontage onto Cheshire Street and Queen Street. The property is currently arranged as two ground floor lock shop units that are tenanted, offices that will be vacant which are arranged over two floors of the property and two self contained residential flats that are tenanted. The property is of traditional construction with glazed frontages at ground floor level. All parking to the property is on street.
The shop unit known as Number 64A Cheshire Street has a Total Net Sales Area of approximately 456 sq ft and is arranged with sales, changing room and toilets.
The shop unit known as Number 64 Cheshire Street has a Total Net Sales Area of 353 sq ft. The barbers is arranged as a sales area, kitchenette and toilet.
Flat 23, Queens Street comprises of a 1 bedroomed flat on the ground floor with a Total Gross Internal Area of 610 sq ft. The flat also benefits from an external patio area. The property has a second floor flat that is above 64A Cheshire Street which 1 bedroomed with a Total Gross Internal Floor Area of approximately 455 sq ft.
The rest of the property comprises offices arranged over the ground and first floor within building and known as 66 Cheshire Street. There are arranged as 8 offices in total with welfare facilities and provide offices with a Total Net Internal Floor Area of approximately 1,744 ft sq.
The property provides a part income producing property with further investment potential and significant development potential for residential conversion, subject to statutory consents. The property is attractive to investors, property developers and owner occupiers and its potential can only be fully appreciated by undertaking an inspection of the property.
Location
The property is prominently located in the town centre of Market Drayton fronting onto Cheshire Street and Queen Street. The property is located in the prime retail pitch of the town. The property is located in proximity to all local amenities and is within proximity of a variety of public car parks serving the town.
The surrounding occupiers include Boots, NatWest, and Bargain Booze.
Market Drayton is an established market town in North Shropshire with a population of about 12,000 people. The town is located approximately 20 miles from the County Town of Shrewsbury and approximately 19 miles from the town of Telford and approximately 20 miles from the city of Stoke.
Terms
The property is to be sold freehold, subject to the occupational tenancies detailed in the brochure.
The property is offered for sale as a whole or in part.
Planning
Prospective purchasers should make their own enquiries.
The property is understood to benefit from planning on the ground floor lock up shop units for Use Class E of the Town and Country Use Classes Order 1987.
The offices are understood to benefit from planning consent for Use Class E of the Town and Country Use Classes Order 1987.
The residential flats are understood to benefit from planning consent for Use Class C3 of the Town and Country Use Classes Order 1987.
The property has significant potential for alternative uses subject to statutory consents.
Services
(Not tested at the time of our inspection.)
We understand that gas, water, electricity and drainage are connected to all the parts of the property with the exception of shop 64A Cheshire Street which has no gas.
We understand that the respective departments benefit from separate mains metered supplies, prospective purchasers should rely on their own enquiries.
Anti-Money Laundering (Aml) Checks
We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
More information
Listed by
Halls Commercial
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