MapRetail property (high street) to rent
Unit 3, Royal Oak Court, Market Drayton, TF9 3EB
Retail property (high street)
11,541 sq ft / 1,072 sq m
Features and description
- Prominently located lock up shop unit in the town centre of Market Drayton
- Ground floor with Total Net Internal Floor Area of approximately 9,039 ft sq (839.67 m sq) with ancillary first floor
- Suitable for a variety of retail/commercial uses, subject to statutory consents
- Located adjacent to public car park
Description
The property comprises of a large part single and part two storey lock up shop unit forming part of the property known as Royal Oak Court. The shop unit benefits from a large glazed return shop frontage and is arranged to provide a Total Net Internal Floor Area of approximately 9,039 ft sq (839.67 m sq) and a first floor area with a Total Net Internal Floor Area of approximately 2,503 ft sq (232.51 m sq). The property would lend itself to a variety of retail and potential commercial uses, subject to statutory consents.
The shop unit benefits from servicing and is located adjacent to a public car park serving the town centre of Market Drayton.
An inspection of the property is recommended to appreciate the full potential of the property. The Landlord may be prepared to undertake some works to the unit in order to facilitate any new lettings.
Location
The property is prominently located fronting onto Frogmore Road in the town centre of Market Drayton. The property is located adjacent to the Frogmore Road public car park and other surrounding occupiers include Iceland and Market Drayton Public Library.
The property is accessed directly off Frogmore Road and is arranged with frontages onto Frogmore Road, onto Frogmore Public Car Park and onto the pedestrian link from Frogmore Road onto Cheshire Street.
Market Drayton is an established market town and administrative centre that is in North East Shropshire on the Shropshire/Staffordshire Border. The town had a population of 11,733 at the 2011 Census.
The town has all local amenities and is situated approximately 20.5 miles north east of the County Town of Shrewsbury, approximately 21 miles north of the Town of Telford, approximately 13 miles south east of the town of Whitchurch and approximately 17 miles south west of the City of Stoke.
The town is located at the intersection of the A53 and the A41, which provide access to the national road network.
Terms
The property is offered for sale with vacant possession on a long leasehold tenure of 999 years with a peppercorn rent.
The property is offered to let on a new Tenants Full Repairing and Insuring Lease, subject to service charge provisions, for a length of term by negotiation with rent reviews at 3 yearly intervals.
Planning
The property is understood to benefit from planning consent for Use Class E of the Town and Country Use Classes Order 1987.
The property would lend itself to a variety of commercial uses, subject to statutory consents.
Services
(Not tested at the time of inspection.)
Mains electricity, water and drainage are understood to be connected to the property.
Legal Costs
Each party is to be responsible for their own legal costs associated with a sale of the property.
The incoming tenant is to be responsible for the landlords legal costs incurred in respect of the granting of the lease.
Local Authority
Shropshire Council
Shirehall
Abbey Foregate
Shrewsbury
Shropshire
SY2 6ND
Tenure
The property is offered for sale with vacant possession on a long leasehold tenure of 999 years with a peppercorn rent.
The property is offered to let on a new Tenants Full Repairing and Insuring Lease, subject to service charge provisions, for a length of term by negotiation with rent reviews at 3 yearly intervals.
The property comprises of a large part single and part two storey lock up shop unit forming part of the property known as Royal Oak Court. The shop unit benefits from a large glazed return shop frontage and is arranged to provide a Total Net Internal Floor Area of approximately 9,039 ft sq (839.67 m sq) and a first floor area with a Total Net Internal Floor Area of approximately 2,503 ft sq (232.51 m sq). The property would lend itself to a variety of retail and potential commercial uses, subject to statutory consents.
The shop unit benefits from servicing and is located adjacent to a public car park serving the town centre of Market Drayton.
An inspection of the property is recommended to appreciate the full potential of the property. The Landlord may be prepared to undertake some works to the unit in order to facilitate any new lettings.
Location
The property is prominently located fronting onto Frogmore Road in the town centre of Market Drayton. The property is located adjacent to the Frogmore Road public car park and other surrounding occupiers include Iceland and Market Drayton Public Library.
The property is accessed directly off Frogmore Road and is arranged with frontages onto Frogmore Road, onto Frogmore Public Car Park and onto the pedestrian link from Frogmore Road onto Cheshire Street.
Market Drayton is an established market town and administrative centre that is in North East Shropshire on the Shropshire/Staffordshire Border. The town had a population of 11,733 at the 2011 Census.
The town has all local amenities and is situated approximately 20.5 miles north east of the County Town of Shrewsbury, approximately 21 miles north of the Town of Telford, approximately 13 miles south east of the town of Whitchurch and approximately 17 miles south west of the City of Stoke.
The town is located at the intersection of the A53 and the A41, which provide access to the national road network.
Terms
The property is offered for sale with vacant possession on a long leasehold tenure of 999 years with a peppercorn rent.
The property is offered to let on a new Tenants Full Repairing and Insuring Lease, subject to service charge provisions, for a length of term by negotiation with rent reviews at 3 yearly intervals.
Planning
The property is understood to benefit from planning consent for Use Class E of the Town and Country Use Classes Order 1987.
The property would lend itself to a variety of commercial uses, subject to statutory consents.
Services
(Not tested at the time of inspection.)
Mains electricity, water and drainage are understood to be connected to the property.
Legal Costs
Each party is to be responsible for their own legal costs associated with a sale of the property.
The incoming tenant is to be responsible for the landlords legal costs incurred in respect of the granting of the lease.
Local Authority
Shropshire Council
Shirehall
Abbey Foregate
Shrewsbury
Shropshire
SY2 6ND
Tenure
The property is offered for sale with vacant possession on a long leasehold tenure of 999 years with a peppercorn rent.
The property is offered to let on a new Tenants Full Repairing and Insuring Lease, subject to service charge provisions, for a length of term by negotiation with rent reviews at 3 yearly intervals.
Property information from this agent
About this agent
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield
Shrewsbury, Shropshire
SY4 3DR
01743 534860Halls 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.