Offers in region of
£650,000
(£29.84/sq. ft)
Property for saleThe Tower Complex, 117 Cheshire Street, Market Drayton TF9
21,780 sq. ft
Freehold
About this property
A rare opportunity to acquire a substantial town centre development site in the town centre of Market Drayton
Total Site Area 0.5 acres (0.2 hectares)
Variety of existing property structures with a Total Gross Internal Floor Area of 11,424 ft sq (1,061.2 m sq) and a basement area including a landmark building known as The Tower
Located in close proximity to all local amenities and an ideal residential development site (subject to statutory consents)
Significant potential for development or owner occupation
Description
The property comprises of a site with a Total Site Area of 0.5 acres (0.2 hectares) with a site frontage of approximately 30.58 metres and a depth of approximately 62.78 metres.
The front of the site provides to part of the front a six storey building known as the Tower which makes the site a landmark building.
The property would lend itself ideally to a comprehensive scheme of development for residential or commercial purposes, subject to statutory consents. The property comprises of a variety of accommodation providing offices, workshop and former retail space. The buildings provide a Total Gross Internal Floor Area of 11,424 ft sq (1,061.2 m sq) arranged over all the floors.
The property is accessed directly off Cheshire Street and provides an external yard area providing a yard and car parking.
The tower was constructed in 1899 as a Purpose built premises for Wright's Crown Brewery Limited. The property is of brick construction and is arranged over a basement, ground and upper floors. It benefits from a number of period features that can only be appreciated upon inspection. The rest of the property provides a former gym and warehouse and a commercial premises currently occupied by a removal company. The structures are of a variety of constructional types.
Detailed plans of the property and the buildings including a site survey are available from the selling agents upon request.
Within the yard area there is a detached commercial unit that is of steel portal framework clad in block work and profile sheeting.
Location
The property is located in close proximity to a Morrisons supermarket, a Shell filling station and garage, Market Drayton Medical practice, and it is centrally positioned to many residential properties including two areas dedicated to retirement living.
Market Drayton is an established market town in North Shropshire with a population of about 10,000 people. The town is located approximately 20 miles from the County Town of Shrewsbury and approximately 22 miles from the town of Telford and approximately 17 miles from the city of Stoke. Market Drayton benefits from good connectivity to the national road network.
Planning
The property would lend itself to a comprehensive scheme of residential and commercial development, subject to statutory consents. Alternatively the property would lend itself to continued commercial use.
The Tower part of the site is Grade 2 listed and the rest of the property is listed by attachment.
Part of the property has most recently been used as a gym falling within Use Class D2 of The Town and Country Use Classes Order 1987 and part of the property is currently in commercial use as a removal company falling in Use Class B8 of The Town and Country Use Classes Order 1987.
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 site with a Total Site Area of 0.5 acres (0.2 hectares) with a site frontage of approximately 30.58 metres and a depth of approximately 62.78 metres.
The front of the site provides to part of the front a six storey building known as the Tower which makes the site a landmark building.
The property would lend itself ideally to a comprehensive scheme of development for residential or commercial purposes, subject to statutory consents. The property comprises of a variety of accommodation providing offices, workshop and former retail space. The buildings provide a Total Gross Internal Floor Area of 11,424 ft sq (1,061.2 m sq) arranged over all the floors.
The property is accessed directly off Cheshire Street and provides an external yard area providing a yard and car parking.
The tower was constructed in 1899 as a Purpose built premises for Wright's Crown Brewery Limited. The property is of brick construction and is arranged over a basement, ground and upper floors. It benefits from a number of period features that can only be appreciated upon inspection. The rest of the property provides a former gym and warehouse and a commercial premises currently occupied by a removal company. The structures are of a variety of constructional types.
Detailed plans of the property and the buildings including a site survey are available from the selling agents upon request.
Within the yard area there is a detached commercial unit that is of steel portal framework clad in block work and profile sheeting.
Location
The property is located in close proximity to a Morrisons supermarket, a Shell filling station and garage, Market Drayton Medical practice, and it is centrally positioned to many residential properties including two areas dedicated to retirement living.
Market Drayton is an established market town in North Shropshire with a population of about 10,000 people. The town is located approximately 20 miles from the County Town of Shrewsbury and approximately 22 miles from the town of Telford and approximately 17 miles from the city of Stoke. Market Drayton benefits from good connectivity to the national road network.
Planning
The property would lend itself to a comprehensive scheme of residential and commercial development, subject to statutory consents. Alternatively the property would lend itself to continued commercial use.
The Tower part of the site is Grade 2 listed and the rest of the property is listed by attachment.
Part of the property has most recently been used as a gym falling within Use Class D2 of The Town and Country Use Classes Order 1987 and part of the property is currently in commercial use as a removal company falling in Use Class B8 of The Town and Country Use Classes Order 1987.
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.
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