The property is prominently located on Shropshire Street in the centre of Market Drayton.
The total population of Market Drayton is 11,773 (2011 census), which is an increase of 8.1% on the 2001 figure and indicates that the town is growing faster than the county average and major employers in the town include Müller and Kerry Group.
Market Drayton is a north Shropshire market town, located approximately 20 miles north east of Shrewsbury, 14 miles south west of Newcastle-under-Lyme and 22 miles north of Telford. The town benefits from excellent road communications being located on the A53, which connects Newcastle-under-Lyme with Shrewsbury.
The town is seeing significant inward investment in areas such as Tern Valley Business Park.
The property offers a ground floor retail premises, currently trading as a convenience store.
The property is subject to a lease of 6 years from 2nd July 2018 at a passing rent of £7,200 per annum, there is an upward only rent review at the fourth anniversary 2nd June 2022.
The property is currently let to Krzysztof Salik, for a term of six years commencing 2nd July 2018 on Fully Repairing and Insuring terms - the Tenant is liable for all rates/utilities.
The passing rent is £7,200 per annum (exclusive) paid monthly in advance by standing order.
There is to be an upward only rent review at the forth anniversary 2nd June 2022. A copy of the lease is available upon request from the selling agents.
Leasehold held Title Number: SL213184
999 years from 25 March 2011 at a peppercorn rent.