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£500,000

(£66.80/sq. ft)

Property for sale

Land And Buildings, Great Hales Street, Market Drayton, Shropshire TF9
7,485 sq. ft

£500,000

(£66.80/sq. ft)

Property for sale
Land And Buildings, Great Hales Street, Market Drayton, Shropshire TF9

    • 7,485 sq. ft

Added on 01/02/2024

About this property

  • Prominent self-contained site of 0.77 ac

  • Former commercial buildings 7,485 sq ft

  • Substantial enclosed yard areas

The property comprises a former commercial yard and premises, on a self-contained site which lies on Great Hales Street, close to its junction with Phoenix Bank. The site has been vacant for some time.
The site currently incorporates a two-storey former retail/office building to the front, which fronts directly onto Great Hales Street, and was most recently occupied as an retail showroom, complete with tarmacadam forecourt. However, as the building has been vacant for a while, it is in need of modernisation and improvement. Other former commercial uses include a garage with petrol filling station and forecourt.
To the centre of the site is a vehicular ramp providing access to the rear of the site, which incorporates a detached former agricultural machinery workshop and storage canopy, complete with concrete yard.

Location
The property is situated close to Market Drayton town centre, at the junction of Great Hales Street with Phoenix Bank and High Street. It is conveniently located for the town centre, as well as for the main road leading to The Four Alls and Hinstock.
Market Drayton lies on the Staffordshire border midway between Shrewsbury and Stoke on Trent, approximately 20 miles north of Junction 6 of the M54 motorway, via the A442. The A53 road also bypasses the town. Telford is located approximately 20 miles to the south and Cheshire is 30 miles to the north.
Market Drayton enjoys a large rural catchment area, supplying all local services, as well as being home to a range of manufacturing businesses associated with agricultural use, including Palethorpes and Muller Dairies.

Planning
The site does have potential for redevelopment, subject to the necessary planning consent. Interested parties are advised to make their own enquiries with the Local Planning Authority.

Tenure
Freehold: The property is available to purchase freehold with vacant possession. Alternatively, the vendor may consider granting a lease on terms to be agreed.

Local Authority
Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, SY2 6nd - Tel: Rateable value
According to the Valuation Office Agency website, the rateable value of the property in the 2023 Rating List is £10,000 for the two-storey office/retail premises and £9,300 for the rear workshop and canopy..

Energy Performance Certificate
Not applicable.

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