A Shropshire retail warehouse which has an estimated 10 million vehicles drive past it each year has been snapped up within hours of going on the market for £1million.
The warehouse fronts onto the Mile End Roundabout in Oswestry, one of the busiest junctions in the county, where the A5 and A483 come together and extends over a sizable site.
James Evans, of Halls Commercial which is instructed on the site, said: “Property doesn’t come along very often in such a prominent high profile location and this site has some wonderful potential.
“We said this property would suit a variety of retail and trade counter uses and benefits from valuable A1 retail consent.
“It was available to rent or to buy and we can confirm it was under offer within 24 hours of it going on the market.
“It is estimated more than 10 million vehicles pass this site each year and those people familiar with Oswestry and Mile End know just how busy a road this is day and night.”
It is located within the Oswestry Gateway, a development accessed off the Shrewsbury Road.
The recently completed detached warehouse is arranged as retail space with ancillary offices, storage and staff facilities.
It comes with a dedicated service yard, an enclosed service compound and on-site parking for 40 cars.
The unit benefits from an eaves height of six metres and has an up and over service door. The property has an internal floor area of about 8,000 square feet.
“We look forward to announcing who the buyer is very soon.
“The time scale in which these premises were under offer is a fantastic example of the buoyant market and the desire for businesses to call market towns such as Oswestry their home.
“Our county is attractive and the fact this had an offer so quickly shows the strength of that appeal. Our team in the commercial department are very busy which is always great news for the county economy,” James added.
For further information telephone James Evans at Halls on 01743 450700 or email [email protected]