TOWN CENTRE INVESTMENT/ DEVELOPMENT OPPORTUNITY IN OSWESTRY
Cooper Green Pooks (Commercial Property Consultants) have recently been instructed to sell 16 Beatrice Street Oswestry. The two storey property comprises a former refuge centre, providing six apartments, communal areas and offices. There is the potential to add additional apartments as well as the benefit of a rear car park.
The property occupies a prominent position along Beatrice Street near to Oswestry town centre. Aldi and Morrison’s are in walking distance of the premises. The A5 is in close proximity providing good transport links north to south between Chester and Shrewsbury.
The whole property has an existing use as refuge centre under Class C2A of the Town and Country Planning (Use Classes) Order 1987. However the premises are considered suitable for multiple residential dwellings or other residential uses plus commercial uses (Offices, medical, charitable organisations, educational, training, children’s nursery etc.) subject to obtaining necessary planning consents. The residential accommodation has separate access which means the building could be split and used for both commercial and residential purposes.
The property is offered for sale freehold with vacant possession at an asking price of £575,000. Total floor area approx. 490 sq m (5,285 sq ft).
Alessio Dyfnallt, who is handling the sale on behalf of the seller, said “This property offers an attractive development future investment opportunity. The flats are self-contained and have separate accesses to the front of the building, therefore there is a good element of flexibility in terms of future development”.
For further information contact:
Alessio Dyfnallt, Cooper Green Pooks – 01743 276666 or email@example.com