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41 Cheshire Street, Market Drayton - Picture 2019-03-07-17-27-15
Let

41 Cheshire Street Cheshire Street, Market Drayton, TF9 1PH

Use Class

Use Class

E

Size

Size

6,672 sq ft

Rent pa

Rent pa

POA

Price

Price

£550,000

Market Sector

Market Sector

High Street Scheme

Description

FREEHOLD INVESTMENT FOR SALE

Well configured retail accommodation with self-contained office accommodation at first floor - Prominent position fronting Cheshire Street in close proximity to the town centre parking provision and other national retailers - Fully Let to Iceland Foods Limited (D&B 5A2) and Barringtons Accountants (Credit Safe Risk Score 56) - Iceland have been in occupation for over 45 years - Freehold - Not elected for VAT - Total Passing Rent £49,000 pa - Seeking offers in excess of £550,000 -subject to contract and exclusive of VAT -Net initial yield of 8.50% after costs at 4.89%

Location

Market Drayton is a historic and attractive market town in north Shropshire 20 miles north east of Shrewsbury, 16 miles west of Stoke on Trent and 46 miles north west of Birmingham. The town benefits from good transport communications with the (A53) Newcastle Road linking directly to Junction 15 of the M6, approximately 12 miles to the east.

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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