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Sold Subject to Contract -
Stafford Street, Market Drayton

Guide Price £135,000

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An Excellent Investment Opportunity Comprising 2 Bed Detached House, 1 Bed Ground Floor Flat, 1 Bed First Floor Flat and Shop Unit - FOR SALE VIA MODERN METHOD OF AUCTION

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Market Drayton Branch

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Market Drayton Branch
Tower House, Maer Lane, Market Drayton, Shropshire, TF9 3SH
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Opening Hours
Monday to Friday: 8.45am to 5.30pm
Saturday: 9.00am to 4.00pm

Property Summary

  • Town Centre Investment Opportunity
  • For Sale by Modern Method of Auction
  • Comprising 2 Bedroom Detached House
  • 1 Bed First Floor Flat
  • 1 Bed Ground Floor Flat
  • Shop Unit - (Currently an Established Takeaway)
  • Rent & Rate Information Available on Request
  • Subject to Undisclosed Reserve
  • Reservation Fee Payable, T's & C's Apply
  • Energy Ratings TBC

Property Full Details

PROPERTY FOR SALE BY MODERN METHOD OF AUCTION - A superb rental investment opportunity which comprises a detached two bedroom cottage, 1 bedroom first floor flat, 1 bedroom ground floor flat and a shop unit with kitchen/food prep area and cellar all with allocated parking. Conveniently situated directly in the centre of the lovely medieval town of Market Drayton this is an excellent chance not to be missed. *This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the auctioneer, iamsold.*

LOCATION Market Drayton is a popular North Shropshire market town on the Staffordshire/Cheshire borders. It is on the River Tern, between Shrewsbury and Stoke on Trent and was formerly known as Drayton in Hales and is listed in the Domesday Book. In 1245 King Henry III granted a charter for the weekly Wednesday market, giving the town its current title. The market is still held every Wednesday. The Shropshire Union Canal runs through the town and Market Drayton offers a wide variety of amenities such as schools, specialist and high street shops, supermarkets and health and leisure facilities. The larger centres of Newcastle under Lyme, The Potteries, Crewe, Stafford, Telford and Shrewsbury are all within commutable distance.

ACCOMMODATION

FLAT 17A Currently vacant.

KITCHEN 17' 2" x 9' 6" (5.23m x 2.9m)

STAIRS TO FIRST FLOOR

LOUNGE 18' 0" x 13' 2" (5.49m x 4.01m)

INNER HALLWAY

BEDROOM 14' 2" x 12' 11" (4.32m x 3.94m)

BATHROOM 7' 1" x 6' 11" (2.16m x 2.11m)

FLAT 17B With a tenant in situ currently paying £45 P/W.

KITCHEN 9' 11" x 9' 2" (3.02m x 2.79m)

LOUNGE 12' 0" x 8' 11" (3.66m x 2.72m)

STAIRS TO FIRST FLOOR

BEDROOM 9' 7" x 9' 0" (2.92m x 2.74m)

BATHROOM 9' 7" x 9' 0" (2.92m x 2.74m)

EXTERNALLY With allocated car parking space.

MOUNT COTTAGE With a tenant in situ currently paying £525 PCM.

This good sized property comprises of an entrance hallway with cloakroom off and stairs giving way to the first floor. The ground floor is made up of a spacious living room and dining kitchen. The first floor has two double sized bedrooms and bathroom. The property has electric night storage heating and double glazing. There is a communal car park with allocated space and patio garden with access from the dining kitchen.

ENTRANCE HALL With stairs to the first floor

DOWNSTAIRS CLOAKROOM/WC With WC and wash hand basin

LOUNGE 14' 10" x 11' 4" (4.52m x 3.45m)

DINING KITCHEN 11' 10" x 11' 6" (3.61m x 3.51m) Having a range of base and wall kitchen units and external door leading to the patio area.

STAIRS TO FIRST FLOOR

LANDING AREA

BEDROOM ONE 14' 9" x 11' 9" (4.5m x 3.58m)

BEDROOM TWO 11' 11" x 11' 9" (3.63m x 3.58m)

BATHROOM

EXTERNALLY Allocated car parking space and patio garden

SHOP UNIT With a tenant in situ currently paying £250 PCM. Let since 1994 - tenant holding over.

The business has been established since 1994 as a popular takeaway and is well known within Market Drayton. The property is situated fronting Stafford Street, a busy and prominent street in the town centre. Parking is available nearby on Stafford Street, Cheshire Street and the car-park situated in Queen Street. With a large front window display and central glazed entrance door leading to the ground floor sales area and kitchen to the rear with a store room/preparation area. There is also a good sized dry cellar.
***Awaiting information on rates.***


SHOP AREA 16' 7 " x 12' 11" (5.05m x 3.94m)

KITCHEN/PREP AREA 18' 5" x 13' 11" (5.61m x 4.24m)

CELLAR 15' 9" x 9' 9" (4.8m x 2.97m)

ENERGY PERFORMANCE CERTIFICATES The full energy performance certificates (EPC) will be available upon request.

FLOOR PLAN Not to scale.

SERVICES We are advised that mains electric, gas, water and drainage are available. Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.

HOW TO FIND THE PROPERTY Turn right out of our office in Maer Lane and take the next turning right into Smithfield Road. Bear left at the mini island and right at the next island. At the T-Junction, turn right onto Stafford Street passing Asda where you will find the gated access to the properties on the right hand side which can be identified by our for sale board.

TENURE We are advised that the property is Freehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries.

METHOD OF SALE This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000 including VAT, which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by IAM Sold. (Reservation Fee is in addition to the final negotiated selling price.)
I Am Sold Ltd - telephone: 0121 366 0539 or email: enquiries@iam-sold.co.uk

PROPERTY INFORMATION We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract.

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request.

MD29036290721

NOTE DETAILS NOT YET APPROVED BY THE VENDOR.

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For Sale - -Cheshire Street, Market Drayton

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