Commercial property for sale in The Tower Complex, 117 Cheshire Street, Market Drayton TF9, £650,000

650,000.00

Offer Nr.:
63877634
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Halls Commercial
Phone(s):
01743 534929

* Freehold
**Key Points**
* A rare opportunity to acquire a substantial town centre development site in the town centre of Market Drayton
* Total Site Area 0. 5 acres (0. 2 hectares)
* Variety of existing property structures with a Total Gross Internal Floor Area of 11, 424 ft sq (1, 061. 2 m sq) and a basement area including a landmark building known as The Tower
* Located in close proximity to all local amenities and an ideal residential development site (subject to statutory consents)
* Significant potential for development or owner occupation
**Description**
The property comprises of a site with a Total Site Area of 0. 5 acres (0. 2
hectares) with a site frontage of approximately 30. 58 metres and a depth of
approximately 62. 78 metres.
The front of the site provides to part of the front a six storey building
known as the Tower which makes the site a landmark building.
The property would lend itself ideally to a comprehensive scheme of
development for residential or commercial purposes, subject to statutory
consents. The property comprises of a variety of accommodation providing
offices, workshop and former retail space. The buildings provide a Total Gross
Internal Floor Area of 11, 424 ft sq (1, 061. 2 m sq) arranged over all the
floors.
The property is accessed directly off Cheshire Street and provides an external
yard area providing a yard and car parking.
The tower was constructed in 1899 as a Purpose built premises for Wright's
Crown Brewery Limited. The property is of brick construction and is arranged
over a basement, ground and upper floors. It benefits from a number of period
features that can only be appreciated upon inspection. The rest of the
property provides a former gym and warehouse and a commercial premises
currently occupied by a removal company. The structures are of a variety of
constructional types.
Detailed plans of the property and the buildings including a site survey are
available from the selling agents upon request.
Within the yard area there is a detached commercial unit that is of steel
portal framework clad in block work and profile sheeting.
**Location**
The property is located in close proximity to a Morrisons supermarket, a Shell
filling station and garage, Market Drayton Medical practice, and it is
centrally positioned to many residential properties including two areas
dedicated to retirement living.
Market Drayton is an established market town in North Shropshire with a
population of about 10, 000 people. The town is located approximately 20 miles
from the County Town of Shrewsbury and approximately 22 miles from the town of
Telford and approximately 17 miles from the city of Stoke. Market Drayton
benefits from good connectivity to the national road network.
**Planning**
The property would lend itself to a comprehensive scheme of residential and
commercial development, subject to statutory consents. Alternatively the
property would lend itself to continued commercial use.
The Tower part of the site is Grade 2 listed and the rest of the property is
listed by attachment.
Part of the property has most recently been used as a gym falling within Use
Class D2 of The Town and Country Use Classes Order 1987 and part of the
property is currently in commercial use as a removal company falling in Use
Class B8 of The Town and Country Use Classes Order 1987.

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