Residential Building Land, For Sale

The Tower, 117 Cheshire Street, Market Drayton, Shropshire, TF9 1AE.

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Details

Property Reference

BNF/3973

Address

The Tower, 117 Cheshire Street, Market Drayton, Shropshire, TF9 1AE.

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.

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.

Get directions to this property:

The Tower, 117 Cheshire Street

Detailed Specification

  • Size

    12,458 sq ft on 0.5 ac
  • Price/ Rent

    Asking price £695,000
  • Accommodation

    Main building (incl. tower) ground floor6,534 sq ft607 sq m
    Main building (incl. tower) first floor1,347 sq ft125 sq m
    The Tower upper floors2,332 sq ft217 sq m
    Basement871 sq ft81 sq m
    Rear building672 sq ft62 sq m
    Detached building (within yard area)702 sq ft65 sq m
    Total Gross Internal Area12,458 sq ft1,157 sq m
  • Services

    We understand that mains water, electricity and drainage are connected to the property, which also benefits from an oil fired central heating system. However, it should be noted that we have not checked or tested these services and interested parties should make their own enquiries.
  • 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: 0345 678 9000
  • 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.
  • VAT

    All figures quoted herein are exclusive of VAT, which may be payable at the prevailing rate. We understand the property is not elected for VAT.
  • Legal Costs

    Each party to be responsible for their own legal costs in connection with this matter.
  • Viewing

    Strictly by prior appointment with the Agent's Telford office:
  • Additional Viewing Information

    Contact: Nathan Fern
    Direct Line: 01952 521004
    Mobile: 07957 828 569
    Email: nathan@andrew-dixon.co.uk
    Ref: BNF/3973

Disclaimer:
Andrew Dixon & Company. for themselves and for the vendors or lessors of this property whose agents they are give notice: (1) The particulars are set out as a general outline for the guidance of intending purchasers or lessors, and do not constitute, nor constitute part of, an offer or contract. (2) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not reply on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (3) No employee of Andrew Dixon & Company. has any authority to make or give representation or warranty whatever in relation to this property.

As far as possible, these particulars are intended to give a fair description of the property. Unless otherwise stated, no enquiries have been made of statutory authorities nor tests made of electricity, plumbing or other services installed in the property. No warranties or certificates of building work, leases/title documents have been inspected. Such information as is given in these particulars is based on a purely visual inspection only and information supplied to us by the vendor/lessor. Interested parties must take their own measurements in order to satisfy themselves that the premises are suitable for their own requirements. Our measurements are approximate in order to give an indication of size only. Whilst every care has been taken to prepare these particulars, we would be grateful if you could inform us of any errors or misleading descriptions found in order that we may correct them in our records.