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Offers in region of
£500,000 | 87,120 sq ft

Land for sale

Former Cherry Tree Hotel & Land Adjacent, Heath Road, Prees Heath, SY13 2AF
Under offer
Land
2.00 acre(s)
Added > 14 days

Features and description

  • Tenure: Freehold
  • Suitable for a variety of potential commercial and residential uses (Subject To Statutory Consents)
  • Total Site Area of approximately 2 acres (0.81 hecatres)
  • Significant road frontage
  • Ideal redevelopment site with significant traffic movement on the A41
Description
The property comprises of a very prominently located site with a significant road frontage onto the A41. The site is accessed from the southbound road off the A41 (dual carriageway). The property comprises of the former Cherry Tree Hotel which is dilapidated.

The property would lend itself to a variety of commercial and residential use subject to statutory consents. The site offers an ideal redevelopment site with significant traffic movement on the A41 and it being located close to the junction of the A41 and A49.

An inspection of the Former Cherry Tree Hotel can be organised however it should be appreciated that the property is dilapidated and requires a comprehensive scheme of refurbishment.

The property is held under the ownership of Title Number SL55752.

A viewing of the property to appreciate its potential is recommended.

Location
The property is prominently located fronting onto the A41 (dual carriageway) on the southbound section of the road.

The property is located in Prees Heath with other surrounding occupiers including The Raven and Aston Barclay car auctions.

The A41 Serves as a main arterial route between the towns of Whitchurch and Shrewsbury and Market Drayton. The property is located close to the intersection of the A49 and A41 Trunk Roads.

The property is located approximately 3 miles south of the town of Whitchurch and approximately 20 miles north of the county town of Shrewsbury and within proximity of all local amenities.

Terms
The property is understood to be of freehold tenure held under the ownership of Title Number SL55752.

Planning
Interested parties should make their own enquiries.
The property would lend itself to a variety of commercial and residential use (subject to statutory consents. The property benefits from significant road frontage that allows it to be developed for a variety of roadside uses.

Services
Prospective purchasers are to rely on their own enquiries.

It is understood that all mains services are available.

Property information from this agent

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About this agent

Halls - Commercial Property
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield Shrewsbury, Shropshire SY4 3DR
01743 534860
Full profileProperty listings
Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. Agency Services Our commercial agency team are on hand to offer friendly advice and market appraisals, helping you buy and sell commercial property throughout Shropshire, Worcestershire, Mid Wales, the West Midlands and beyond. We advise investors and developers on selling and acquiring commercial property, while also assisting with the acquisition of new premises or disposing of unwanted space. From offices and retail to industrial and leisure-based properties, we can guide you through the sale of all types of commercial property. Offering advice at every stage, we will help you find the best route to market and give you advice on how to attract the right buyers. We can also give guidance on development land, whether owner occupied or held as an investment. With strong links to buyers, our skilled and knowledgeable team are on hand to advise from start to finish. This includes guidance on any works required prior to sale, including applications for planning consent, refurbishment programmes and tenant disputes. Management Services Offering a strategic approach, we always have your future needs in mind. Whether you’re an experienced landlord or a one-off investor, we understand that your priority is to increase the value of your investment while minimising void periods and building a strong tenant profile. Working closely with our in-house marketing and PR team, we have a comprehensive tenant vetting process to help minimise your risks. If you’re looking to expand your commercial property portfolio, we will take the time needed to gain a full understanding of your needs and match you with properties suited to your business requirements within your timescales. Professional Property Services Halls Commercial is a team of RICS Registered Valuers with professional indemnity insurance cover of £10 million. As you would expect we are on the valuation panels of most of the major banks including Barclays, Lloyds, Royal Bank of Scotland, HSBC, NatWest, Handelsbanken, and Clydesdale. Our experienced team of valuers operates in accordance with RICS Valuation Standards (Red Book), International Financial Reporting Standards (IFRS) and UK GAAP and alongside the years of experience across our Commercial team, our valuations are backed by the latest valuation and appraisal software.
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