The Tower, 117 Cheshire Street, Market Drayton
Shropshire, TF9 1AE
Size: 12,458 Sq Ft
Price/Rent: £695,000
Property Information
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.
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.
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.
Strictly by prior appointment with the Agent's Telford office:
Contact: Nathan Fern
Direct Line: 01952 521004
Mobile: 07957 828 569
Email: nathan@andrew-dixon.co.uk
Ref: BNF/3973
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.
Each party to be responsible for their own legal costs in connection with this matter.
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.
The property has an energy rating of D.
