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Property
Mill Street, Wem, Shrewsbury SY4
£500,000
Mill Street, Wem, Shrewsbury SY4
£500,000
Our Summary
- 95 acres, superbly situated in the heart of Wem, circa 10 miles north of Shrewsbury, with significant development potential (subject to planning) and further potential to unlock additional sites
- In an area surrounded by residential use, it is envisaged that the property would be suitable for development in the future (subject to planning) and could suit a variety of residential and mixed-use schemes
- There is also the potential to engage with the local authorities about more comprehensive redevelopment and master planning, using the land as collateral to unlock development on other sites and provide community driven sports facilities
Description
This 11.95-acre grassland property is situated in the heart of Wem, a traditional market town in Shropshire, approximately 10 miles north of Shrewsbury. Currently used as amenity space, the land has significant development potential (subject to planning) and could be suitable for a variety of residential and mixed-use schemes. The property is conveniently located, surrounded by residential use, and its development could potentially unlock additional sites and provide community-driven sports facilities. With the potential to engage with local authorities for comprehensive redevelopment and master planning, this property offers a unique opportunity for development and growth.