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Adjoining retail premises fully yet
Town centre location
Rental income £14,000 pa (rising to £15,000 pa)
The property comprises a substantial town centre retail investment, essentially providing two adjoining retail premises, which are positioned back to back with a private pedestrian walkway between the properties affording access to each building directly off Queen Street. 30 Cheshire Street is a Grade II Listed Building arranged over three stories, providing retail/sales area on the ground floor and ancillary accommodation above. It is currently occupied by the Refill Emporium, a zero waste shop and traditional greengrocers. 7 Queen Street is a two-storey retail premises, which is currently utilised as a beauty salon and provides beauty rooms on both floors with the main reception located on the ground floor. Outside, there is a small yard/bin store between the two properties, which is shared by the occupiers of both buildings.
Location The properties are situated in a town centre location within the North Shropshire market town of Market Drayton. The town has a population of circa 12,000 and lies approximately 20 miles northeast of Shrewsbury, 14 miles southwest of Newcastle-under-Lyme and 22 miles north of Telford. 30 Cheshire Street fronts onto the main retail area of Cheshire Street opposite Costa Coffee and close to wh Smith, Savers, Argos and Greggs. 7 Queen Street fronts onto Queen Street, which runs parallel to Cheshire Street to the rear.
Planning We understand the property has planning permission for uses within Class E of the Town & Country Planning (Use Classes) Order 1987 (as amended).
Tenure Freehold. The property is available to purchase freehold subject to the existing tenancies - please see marketing brochure for full details.
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 2017 rating list is: 30 Cheshire Street £10,750 and 7 Queen Street £4,500.
Energy Performance Certificate 30 Cheshire Street is a Grade II Listed Building. 7 Queen Street has an energy rating of E(110).
For more information about this property, please contact Andrew Dixon and Co, TF2 on +44 1952 476852 * (local rate)
Contact Andrew Dixon and Co about this property
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