Heath Rd - Retail FOR SALE


Whitchurch, SHR SY13 2AF
$500,000 USD
Heath Rd, Whitchurch, SHR for Sale
$500,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

Heath Rd
Whitchurch, SHR SY13 2AF


HIGHLIGHTS

  • 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

OVERVIEW

Description<br />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.<br /><br />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.<br /><br />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.<br /><br />The property is held under the ownership of Title Number SL55752.<br /><br />A viewing of the property to appreciate its potential is recommended.<br /><br />Location<br />The property is prominently located fronting onto the A41 (dual carriageway) on the southbound section of the road.<br /><br />The property is located in Prees Heath with other surrounding occupiers including The Raven and Aston Barclay car auctions.<br /><br />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.<br /><br />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.<br /><br />Terms<br />The property is understood to be of freehold tenure held under the ownership of Title Number SL55752.<br /><br />Planning<br />Interested parties should make their own enquiries.<br />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.<br /><br />Services<br />Prospective purchasers are to rely on their own enquiries.<br /><br />It is understood that all mains services are available.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cherry Tree Hotel

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,815 SF

ZONING

-

APN/PARCEL ID

SL197081,SL198905,SL199126,SL246986

ASK ABOUT THIS PROPERTY

James EvansHalls Holding LtdMore Info

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James EvansHalls Holding LtdMore Info

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