Property for sale

Shropshire Street, Market Drayton TF9

Description

A two storey mixed use part let investment within the historic village of Market Drayton. The ground floor retail unit was formerly a florist but is now vacant, both flats are currently occupied on AST agreements. The tenant for Flat 1 has been in occupation for approx 10 years, and the tenant in Flat 2 approx 3 years.

Location

The property is located on Shropshire Street a couple of streets away from High Street. There are a number of local coffee shops, restaurants and other amenities in the area such as Asda, Post Office, library and pay & display car parks. Market Drayton is close to the Cheshire and Staffordshire borders. It is located between the towns of Whitchurch, Wem, Nantwich, Newcastle-under-Lyme, Newport and the city of Stoke on Trent, with access via A53 to Newcastle-under-Lyme to the East and Shrewsbury to the West.

Accommodation

Ground Floor Retail
Retail area : 339 sq ft (31.49 sq m)
Rear room : 156 sq ft (14.46 sq m)
Kitchen : 44 sq ft (4.10 sq m)

Total : 539 sq ft (50.05 sq m)

There is a cellar accessed from a wooden staircase in the kitchen. The cellar is not full height but useful for storage.

Flat 1
Accessed from front door on the main road
Lounge : 249 sq ft (23.11 sq m)
Kitchen : 59 sq ft (5.50 sq m)
Bedroom : 176 sq ft (16.37 sq m)
Storage : 24 sq ft (2.19 sq m)
Shower room : 39 sq ft (3.61 sq m)

Flat 2
Accessed from the rear
Ground floor Kitchen : 134 sq ft (12.44 sq m)
Stairs to first floor
Lounge : 263 sq ft (24.46 sq m)
Bathroom : 60 sq ft (5.62 sq m)
Bedroom : 143 sq ft (13.32 sq m)

There is a car park to the rear which is not owned by the seller but we understand permits can be available at a cost from a third party.

Services

All mains services are available subject to any reconnection which may be necessary.

Planning

Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Rating

The voa website advises the rateable value from 1st April 2026 is £7,500. The standard non-domestic business rates multiplier is 55.5p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for up to 100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

Tenure - Freehold

Freehold with vacant possession.

Epc

Ground Floor Energy Performance Certificate number and rating is 52 C
Flat 1 Energy Performance Certificate number and rating is 73 C
Flat 2 Energy Performance Certificate number and rating is 59 D

Vat

VAT is to be confirmed.
Please enquire with the agent if vat is applicable or not on this premises.

Proof Of Identity

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee.

Common Auction Conditions

This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Administration Fee

A buyers administration fee of £1,500 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack

Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Auction Viewing

To view this lot, please contact the selling office.

Internet, Telephone & Proxy Bidding

Interested in this lot but can't attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on or email . Further details are available in the catalogue.

Addendum

Check the latest addendum at for any alterations or changes to the catalogue.

Guide Price

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.