To Let - 27 & 29 Cheshire Street, Market Drayton, Shropshire, TF9 1PH

£20,000 PA

Property Summary

Property Description

•Prime Town Centre Retail Premises •Retail area 165.82 sq m (1786 sq ft) •Costa Coffee and Greggs adjacent •Available on a new lease •EPC Rating - D

Property Full Details

The property is located on Cheshire Street adjacent to Costa Coffee and Greggs.

Market Drayton is a historic and affluent north Shropshire market town with a population of approximately 12,000. Situated on the A53 22 miles north east of Shrewsbury, 22 miles north of Telford and 16 miles west of Stoke on Trent.

The town is well connected to the national motorway network being 13 miles west of the M6 and 20 miles north of the M54.

Retailers in close proximity of the unit include Boots, WH Smiths, Argos, B & M, Greggs, Wilko, Iceland, Sports Direct. Food retailers within the town include Asda, Morrisons and Lidl. A twice weekly market is held on Cheshire Street.

The location of Market Drayton from competing retail centres underpins the catchment and retail spend. The town is identified as a centre for development which includes the building of commercial units on Tern Valley Business Park and new homes on 3 sites around the town.

The property comprises a ground floor shop with frontage onto Cheshire Street and return frontage onto a walkway leading to Wilko and Argos at the rear. The property forms part of a popular parade of retail units in the town centre with a covered walkway to the front.

The ground floor has been partitioned to provide 11 demountable kiosks. Stairs lead from the ground floor to the basement which comprises two store rooms, two WC’s and kitchenette.

The property comprises the following accommodation
(all measurements are approximate):

Ground Floor
Sales Area 165.92 sq m (1786 sq ft)
Basement 59.92 sq m (645 sq ft)

Total NIA 225.84 sq m (2431 sq ft)

We understand that mains water, electricity, gas and drainage services are connected. Interested parties should make their own enquiries with the appropriate suppliers regarding any connection arrangements.

The property available to let on a new 5 year tenants full repairing and insuring lease or multiples thereof.

£20,000 per annum exclusive

The Valuation Office website provides individual assessments for each of the kiosk units. The District Valuer will need to assess the rateable value as one unit.

All figures quoted are subject to VAT at the prevailing rate where applicable.

Strictly by prior appointment with the sole agent, Barbers:
Tel: 01952 221220
1 Church Street