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Investment Highlights

  • Prominently located fronting onto Frogmore Road
  • Close to all local amenities
  • Good transport links

Executive Summary

Prominently located modern detached part three, part two and part single storey in the town centre of Market Drayton. Over 72% of the income currently secured from two national retailers being Savers Health and Beauty Limited and B & M Retail Limited(Firesource Limited)- (Not in occupation).
The premises comprise Two ground floor shop units currently let to national retailers and 14 two bedroomed residential flats (2 having been sold off on long leases).

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
18,003 SF
Building Class
C
Year Built
2009
Price
$3,674,619 CAD
Price Per SF
$204.11 CAD
Cap Rate
10.50%
NOI
$385,835 CAD
Percent Leased
36%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.50 AC
Frontage
58’ on Frogmore Rd

Amenities

  • Corner Lot
  • Security System
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 3
  • 9,039 SF
  • Retail
  • End Cap
  • Now

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. The Landlord may be prepared to undertake some works to the unit in order to facilitate any new lettings.

Space Size Space Use Position Available
3 9,039 SF Retail End Cap Now

3

Size
9,039 SF
Space Use
Retail
Position
End Cap
Available
Now

3

Size 9,039 SF
Space Use Retail
Position End Cap
Available Now

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. The Landlord may be prepared to undertake some works to the unit in order to facilitate any new lettings.

Nearby Major Retailers

Costa Coffee
Iceland
Lidl
Morrisons
Barclays
ASDA
Sainsbury's
  • Listing ID: 38826730

  • Date on Market: 2025-12-19

  • Last Updated:

  • Address: Frogmore Rd, Market Drayton TF9 3EB

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