£650,000
Property for saleCheshire Street, Market Drayton TF9
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
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.
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£3,251 per month
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