c.3.145 acre development site adjacent to restored Flaxmill Maltings
A substantial development parcel of c.3.145 acres sits adjacent to the restored Shrewsbury Flaxmill Maltings, offering a rare opportunity for residential and mixed-use schemes. Outline planning consent (ref 20/05065/OUT) was granted in 2021 with a 10-year period; infrastructure works around the Main Mill have already been completed, and the Main Mill itself operates as high-quality commercial space with public uses on the ground floor.
This opportunity is aimed at developers and investors who can work with an outline consent rather than a fixed unit mix. The site’s scale and immediate proximity to a landmark heritage asset create strong placemaking potential for a distinctive scheme with gardens, communal spaces or complementary commercial uses. Key transactional points: intention to select a preferred purchaser by mid-2025 and the seller’s preferred disposal route is a development lease rather than freehold disposal.
Buyers should be clear-eyed about constraints: the consent is outline (numbers not prescribed) and the tenure and detailed planning requirements remain to be agreed. The wider area has higher crime indicators and local area classifications suggest pressured rental markets; these factors should be considered in appraisal and specification decisions. The site has no identified flood risk, but interested parties must undertake full due diligence on titles, service connections and detailed planning.