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From

£500,000

Property for sale

Mill Street, Wem, Shrewsbury SY4
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From

£500,000

Property for sale
Mill Street, Wem, Shrewsbury SY4

    About this property

    • Large Area of Grassland Spanning 11.95 acres

    • Fantastic Central Location

    • Enormous Development Potential, Subject to Planning

    • Potential to Unlock Further Sites

    • Ideal for Residential/Mixed-Use Schemes

    Large area of grassland spanning approximately 11.95 acres, superbly situated in the heart of Wem, circa 10 miles north of Shrewsbury, with significant development potential (subject to planning) and further potential to unlock additional sites.

    Accessed from the junction off Swain Close and Fothergill Way, the land currently has no use other than amenity space and is occasionally used by dogwalkers.

    In an area surrounded by residential use, it is envisaged that the property would be suitable for development in the future (subject to planning) and could suit a variety of residential and mixed-use schemes. There is also the potential to engage with the local authorities about more comprehensive redevelopment and master planning, using the land as collateral to unlock development on other sites and provide community driven sports facilities.

    The property is very conveniently located in the heart of Wem, a traditional market town in Shropshire, West Midlands, approximately 10 miles north of Shrewsbury.

    Location

    The property is very conveniently located in the heart of Wem, a traditional market town in Shropshire, West Midlands, approximately 10 miles north of Shrewsbury.

    More information

    • Tenure

    • Council tax band

      Council tax band not yet known

    • Ground rent

      £0

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