Property Full Details
The property is situated in the town centre of Market Drayton adjacent to the junction of High Street and Great Hales Street. This is an area of mixed development which is becoming primarily residential.
The property comprises a former garage site which is largely undeveloped with a former office building fronting Great Hales Street and a workshop at the rear of the site.
Planning Consent was originally granted in 2007 and extended in 2010 for a residential development of 12 houses and 2 flats. The site area has been extended slightly to include more land and the total site now is approximately 0.76 acres (0.3093 hectares).
We understand that mains water, electricity, gas and drainage services are available to the site.
The property is of freehold tenure.
The workshop to the rear which is let at a rent of £5,000 per annum exclusive. This letting is on a business tenancy on a periodic basis.
The vacant offices at the front of the site have a rateable value of £5,800. The tenanted unit at the rear of the site has a rateable value of £10,000.
Site Investigation Reports
Ground investigation reports were carried out in connection with a previous planning permission, some of these may be available to prospective purchasers.
The site is an ideal redevelopment opportunity subject to statutory consents. The obvious use would be for a residential development although as the site lies close to the town centre there may be a possibility of some commercial activity.
As there is a tenant in occupation of part of the site all viewings must be carried out through Barbers