Commercial Property in Market Drayton

15 and 15a Queen Street, Market Drayton TF9 1PX
  • Lot No: 92
  • Property Type: Commercial Property
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £130,000+ plus fees

Result Sold Prior to Auction

Property Description

The property comprises two single story vacant commercial units with separate entrances fronting Queen Street in Market Drayton which benefits from outline planning consent for the creation of 4 RESIDENTIAL units and two new commercial units. Interested parties are advised to inspect the local planning portal for more information. Number 15 was trading until recently as a popular fish and chip shop extending to approximately 1,192 sq.ft in total. The unit comprises a seating area with serving counter extending to 474 sq.ft. Beyond this is a food preparation area extending to 63 sq.ft. To the rear of the unit is a further large storage area along with further food preparation area and separate wc extending to approximately 655 sq.ft in total. We feel the unit could be re-opened in its current form with minimal work required or reconfigured for alternate use subject to applying for any appropriate planning consent. 15A Queen Street is a vacant former card shop and has a trading area of 676 sq.ft along with rear storage area and wc extending to approximately 95 sq.ft. The two units have scope to be redeveloped into residential use perhaps with the creation of a two-storey dwelling in-keeping with other properties within the area, subject to obtaining appropriate planning consent.

Location

The property is situated fronting Queen Street, a busy and popular pedestrianised street in the town centre of Market Drayton. There is a nearby car-park situated in Queen Street.


VAT

We are advised that VAT will not be chargeable on this transaction.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 30th September 2021

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

15 and 15a Queen Street, Market Drayton TF9 1PX