Price : GBP 112000.00
DESCRIPTION -
20% DISCOUNT, WEM MILL, MILL STREET, WEM, SHROPSHIRE
1 AND 2 BEDS FROM £112,000 AFTER DISCOUNTS APPLY
Wem is a small market town in North Shropshire on the banks of the River Roden. The Wem Mill site is located approximately half a mile south of Wem town centre and comprises an area of ground surrounding a former mill. The site is historically known as 'Shrewsbury Gate'.
Wem's location provides for commuting to local centres such as Shrewsbury, Telford and Wrexham.
The site consists of a former mill building set in approximately 1.58 acres of land bounded by Mill Lane to the west and by a brook to the north and south. Shrewbury is 10 miles from Wem.
There is good demand for lettings in the area for relocation clients from Telford which is only 14 miles away.
We have full plans and price list available should you require further information.
Financial Overview:
Units available - 1 and 2 beds
Units on offer- 12
Units in development- 35
Reservation fee- £1,000
Exchange within 28 days approx - 0% exchange deposit - you can exchange on your reservation fee
Finders fee- 2%, payable on reservation
Service Charges and Ground Rent- TBC nearer completion
Completion- Summer 07
Lettings - 1 bed - £425- pcm approx
Lettings - 2 bed - £475-500 pcm approx
Parking- Yes included
Wem Town Centre Proposals Go On ShowThe proposals put forwards after thorough investigations and discussions include:New access to the central car park with improved servicing arrangements for the supermarkets and other shopsThe creation of a formal square as the central featureNew town centre car parkingSignificant new housing development, including affordable housingAn enterprise centre and community resource centreImproved pedestrian and cycle routesMark Pearce at Advantage West Midlands, said: "Wem is included in the regional Market Towns Initiative as a priority for investment and local organisations have been working together through the Wem Economic Development Forum to deliver a regeneration strategy for the town. |
