Commercial property for sale in The Tower, 117 Cheshire Street, Market Drayton, Shropshire TF9

£695,000 (£55.79/sq. ft)
Interested in this property? Call +44 1952 476852 * or Request Details

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Commercial property for sale

12,458 sq. ft*

Property features

  • Existing structures total gia 11,424 sq ft
  • Located close to all local amenities
  • Ideal residential site subject to planning

Property description

The property comprises a commercial site of approximately 0.5 acres (0.2 hectares)incorporating a Grade II listed building, which is uniquely arranged to provide a detached two-storey structure plus with attached six-storey tower block and basement. There is a covered walkway between the structures giving access to a further single storey unit to the rear.
The six-storey section is a landmark building know as The Tower, which was purpose built in 1899 for Wright's Crown Brewery and later utilised as a working corn mill, with a number of the original period features retained including a lift and stairs.
The majority of the property is currently vacant and provides a variety of accommodation including offices, warehouse and a former gym. The two-storey section has latterly been utilised for storage purposes. Part of the rear unit is currently owner occupied by a removals company.
Outside, the property is accessed directly off Cheshire Street and includes an external yard/car parking area. Within the yard area there is also a separate single storey commercial unit with roller shutter access.

Location
Market Drayton is an established market town in North Shropshire with a population of approximately 10,000 people. The town is located approximately 20 miles from the county town of Shrewsbury and 22 miles from central Telford, with good connections to the national road network.
The property itself is situated in a town centre position in close proximity to all amenities, including a Morrison's supermarket, a Shell filling station and garage, and Market Drayton Medical Practice. It is also central to nearby residential development, including two areas dedicated to retirement living.

Planning
We understand The Tower section of the property is Grade II listed and the rest of the structures are listed by attachment. Part of the main two-storey section was most recently utilised as a gym with the remaining areas also falling under a commercial use. The site previously had the benefit of planning for residential development, albeit this has now lapsed. However, the site would lend itself to a comprehensive scheme of residential development, subject to thew necessary planning permission. Alternatively, the property does lend itself to continued commercial use or redevelopment for owner occupation. However, interested parties are advised to make their own enquiries in this regard.

Tenure
Freehold: The property is available to purchase freehold with vacant possession.

Local Authority
Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, SY2 6nd - Tel: Rateable value
Interested parties are advised to make their own enquiries with the local rating authority.

Energy Performance Certificate
The property has an energy rating of D.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Andrew Dixon and Co, TF2 on +44 1952 476852 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Andrew Dixon and Co, and do not constitute property particulars. Please contact Andrew Dixon and Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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