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Minton House, New Street, Wem Mixed use for sale
Minton House, New Street, Wem
£360,000
Minton House, New Street, Wem
£360,000
Our Summary
- TO BE SOLD BY ONLINE AUCTION ON 22ND OCTOBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS
- A substantial mixed-use property with extensive redevelopment potential, occupying a site of approx
- Previous lapsed planning permission for 14 dwellings
- The property previously benefited from planning consent for 14 dwellings (2005–2015, now lapsed)
- These sales show consistent demand and values for 2- and 3-bed homes in Wem between £200,000–£230,000, underpinning strong GDV potential for redevelopment schemes
- Lapsed planning permission for 14 dwellings
Description
Minton House & Yard, a substantial mixed-use property with redevelopment potential, is situated in the heart of Wem town centre on a 0.67-acre site. The property extends to over 6,500 sq ft, comprising a large period building with shop frontage, office and storage rooms, and a three-bedroom flat above with private access. The site also includes large outbuildings and storage facilities. The property has previously had planning consent for 14 dwellings, which has since lapsed, but a new application for 14 affordable homes would be considered. An alternative proposal has also been prepared for the conversion of existing shops/offices to 6 apartments with 8 houses to the rear. The property benefits from a prime central location, with a railway station nearby and direct links to Shrewsbury and Crewe. Comparable sales evidence suggests strong demand and values for 2- and 3-bed homes in Wem, underpinning strong GDV potential for redevelopment schemes. The property is being sold freehold with vacant possession on completion.