* Development potential/residential conversion
* Rear access and car parking
* Total site area 0. 27 ac
The property is the former National Westminster Bank premises, which occupies
the ground floor of an early 19th century traditional red brick building. The
imposing three - storey building is Grade II listed and currently arranged to
offer retail/office space on the ground floor, briefly comprising a sales
area, offices, storerooms, staffroom, rear lobby, WC facilities and basement
stores.
The main pedestrian access to the property is via the High Street, leading
into the retail premises, which could potentially be converted to residential
accommodation subject to statutory consents.
To the rear of the building is a vehicular access to the car park and garden,
which offers further redevelopment potential subject to planning permission.
**Location**
Wem is a North Shropshire market town with a population of approximately 6, 100
(2015 estimate) and serves the surrounding rural area. Shrewsbury is located
approximately 11 miles to the south and Whitchurch is 9 miles to the north.
The A49 Shrewsbury to Whitchurch trunk road is a approximately 3 miles
distant.
Wem town has the benefit of a local railway station, which is on the
Shrewsbury to Crewe line with a good connection to Manchester.
The property itself is located in the conservation area of Wem fronting onto
the busy High Street, which is the principal street through the town centre.
There is also an access from Chapel Street to the car park and garden to the
rear of the property.
**Planning**
The property currently has planning permission for uses within Class E of the
Town and Country Planning (Use Classes) Order 1987 (as amended). There may be
a possibility of converting the existing ground floor retail premises into 1
or 2 residential flats and also building houses on the rear land, subject to
the necessary planning consent. Interested parties should make their own
enquiries with the Local Planning Authority.
**Tenure**
Freehold: The property is available to purchase freehold, subject to the two
existing leases for the flats on the upper floors. Vacant possession will be
afforded on the ground floor retail premises.
**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 2023 rating list is £10, 750.
**Energy Performance Certificate**
The property has an Energy Rating of C(66).

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: