£1,100,000
Retail premises for sale
Property photos
Freehold
Offers in region of
£1,100,000
(£55.51/sq. ft)
Retail premises for sale
Mill Street, Whitchurch SY1319,815 sq. ft
Local area information
Property location
Nearby amenities
- Physis Heathgates Academy (SEN) 0.2 miles
- Whitchurch CofE Junior School 0.4 miles
- Whitchurch (Shropshire) 0.5 miles
- Prees 4.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 1 Mill Street occupies a highly prominent corner position at the intersection of Mill Street, The Bull Ring, Watergate Street and Castle Hill, forming one of the town’s principal focal points.
- Surrounding occupiers include a mix of national and independent businesses such as Wagstaff's, Boots and Watergate Church, reflecting the mixed-use nature of the immediate area.
- The property is located within close proximity of all local amenities, including retail, banking, food and leisure uses.
- The Castle Hill car park fronts directly onto Castle Hill and is located opposite the Archibald Worthington Club.
- Whitchurch benefits from direct rail services and strong road links via the A41, providing connectivity to Chester, Shrewsbury, Crewe and the wider regional motorway network.
1 Mill Street provides a substantial existing commercial building extending to a Total Gross Internal Floor Area of approximately 19,815 sq ft (1,840.69 sq m), arranged over three floors and positioned over 0.34 acres (0.138 hectares). The property is currently configured as retail sales accommodation with ancillary storage and welfare facilities. The size and layout offers potential for a variety of uses, including potential residential conversion, subject to the necessary statutory consents. Offers are invited in the region of £800,000 (exclusive).
The sale also includes a separate car park at Castle Hill, extending to approximately 0.211 acres (0.085 hectares), positioned close to the town centre. The site is considered suitable for a variety of potential uses, subject to planning. Offers in the region of £300,000 (exclusive).
Location
1 Mill Street and the Castle Hill car park are prominently positioned on the edge of Whitchurch town centre, a well-established market town in north Shropshire with a strong local economy and a broad mix of retail, leisure and professional services. Whitchurch serves as an important commercial hub for the surrounding rural catchment and benefits from good regional connectivity.
The opportunity provides a strategic town centre edge location, combining prominence, accessibility and proximity to established commercial activity, making them well suited to a range of existing and potential future uses, subject to statutory consents.
What3Words - ///Hardback.Hounded.Charge
1 Mill Street
Ground floor
• total gross internal floor area - 11,465 ft sq | 1,065.05 m sq
First floor
• sales - total gross internal floor area - 2,330 ft sq | 216.49 m sq
• stores - total gross internal floor area -1,445 ft sq | 134.20 m sq
• first floor (section 2) - total gross internal floor area - 762 ft sq |70.78 m sq
Lower ground floor area
• stores - total gross internal floor area - 1,140 ft sq | 105.96 m sq
• retail - total gross internal floor area -741 ft sq | 68.83 m sq
• lobby - total gross internal floor area - 62 ft sq | 5.76 m sq
• warehouse - total gross internal floor area - 1,870 ft sq | 173.65 m sq
total site area - 0.34 acres | 0.138 hectares
Carpark
Total site area- 0.211 acres | 0.085 hectares
all measurements are approximate
Rateable Value
Prospective purchasers should rely on their own enquiries. We understand that the rateable value is £108,000 for the property.
Price
1 Mill Street - Offers in the region of £800,000 (eight hundred thousand pounds) exclusive
Car Park, Castle Hill - Offers in the region of £300,000 (three hundred thousand pounds) exclusive
(Purchasers should note that the car park can not be acquired separately until the sale of 1 Mill Street has been completed.)
Vat
It is understood that the property is elected for VAT and therefore VAT will be levied on the purchase price.
Epc
To be assessed
Legal Costs
Each party to bear their own costs
Tenure
The property is offered for sale with vacant possession. The property known as 1 Mill Street is owned under Title Number SL174216 & SL109717. The property known as the car park is owned under Title Number SL16474.
Services
Not tested at the time of our inspection. Purchaser to rely on their own enquiries. We understand that all services are connected to the property known as 1 Mill Street. We understand that mains electricity is connected to the property known as the car park. Other services are understood to be available subject to normal connection charges.
Planning
Prospective purchasers should rely on their own enquiries. We understand that the property known as 1 Mill Street benefits from planning consent for Use Class E of the Town and Country Use Classes Order 1987. We understand that the property comprising of the car park benefits from planning consent for Use Class Sui Generis of the Town and Country Use Classes Order 1987. The property interests would lend themselves to potential redevelopment for residential purposes subject to statutory consents.
Local Authority
Shropshire Council, Guildhall, Frankwell Quay, Frankwell, Shrewsbury, SY3 8HQ
The sale also includes a separate car park at Castle Hill, extending to approximately 0.211 acres (0.085 hectares), positioned close to the town centre. The site is considered suitable for a variety of potential uses, subject to planning. Offers in the region of £300,000 (exclusive).
Location
1 Mill Street and the Castle Hill car park are prominently positioned on the edge of Whitchurch town centre, a well-established market town in north Shropshire with a strong local economy and a broad mix of retail, leisure and professional services. Whitchurch serves as an important commercial hub for the surrounding rural catchment and benefits from good regional connectivity.
The opportunity provides a strategic town centre edge location, combining prominence, accessibility and proximity to established commercial activity, making them well suited to a range of existing and potential future uses, subject to statutory consents.
What3Words - ///Hardback.Hounded.Charge
1 Mill Street
Ground floor
• total gross internal floor area - 11,465 ft sq | 1,065.05 m sq
First floor
• sales - total gross internal floor area - 2,330 ft sq | 216.49 m sq
• stores - total gross internal floor area -1,445 ft sq | 134.20 m sq
• first floor (section 2) - total gross internal floor area - 762 ft sq |70.78 m sq
Lower ground floor area
• stores - total gross internal floor area - 1,140 ft sq | 105.96 m sq
• retail - total gross internal floor area -741 ft sq | 68.83 m sq
• lobby - total gross internal floor area - 62 ft sq | 5.76 m sq
• warehouse - total gross internal floor area - 1,870 ft sq | 173.65 m sq
total site area - 0.34 acres | 0.138 hectares
Carpark
Total site area- 0.211 acres | 0.085 hectares
all measurements are approximate
Rateable Value
Prospective purchasers should rely on their own enquiries. We understand that the rateable value is £108,000 for the property.
Price
1 Mill Street - Offers in the region of £800,000 (eight hundred thousand pounds) exclusive
Car Park, Castle Hill - Offers in the region of £300,000 (three hundred thousand pounds) exclusive
(Purchasers should note that the car park can not be acquired separately until the sale of 1 Mill Street has been completed.)
Vat
It is understood that the property is elected for VAT and therefore VAT will be levied on the purchase price.
Epc
To be assessed
Legal Costs
Each party to bear their own costs
Tenure
The property is offered for sale with vacant possession. The property known as 1 Mill Street is owned under Title Number SL174216 & SL109717. The property known as the car park is owned under Title Number SL16474.
Services
Not tested at the time of our inspection. Purchaser to rely on their own enquiries. We understand that all services are connected to the property known as 1 Mill Street. We understand that mains electricity is connected to the property known as the car park. Other services are understood to be available subject to normal connection charges.
Planning
Prospective purchasers should rely on their own enquiries. We understand that the property known as 1 Mill Street benefits from planning consent for Use Class E of the Town and Country Use Classes Order 1987. We understand that the property comprising of the car park benefits from planning consent for Use Class Sui Generis of the Town and Country Use Classes Order 1987. The property interests would lend themselves to potential redevelopment for residential purposes subject to statutory consents.
Local Authority
Shropshire Council, Guildhall, Frankwell Quay, Frankwell, Shrewsbury, SY3 8HQ
More information
Listed by
Halls Commercial
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