'Business as usual' despite sale of Oswestry Morrisons store
A decision to put the site of a major supermarket up for sale will not affect business, bosses said today.
The site of the Morrisons store on the Station Road/Oswald Road entrance to Oswestry has been put on the market by owner British Land with a price tag of £5,650,000.
Agents Allsop said an offer had been made for the site. A spokesman for Morrisons said the sale would make no difference to its position. "Morrisons remains the tenant of our store on Station Road. The store won't be affected," a spokesman said.
In its advertising, Allsop says the 28,455 square foot site attracts a rent of £406,850 per annum. It is let to WM Morrison Supermarkets plc until 2025. The agent said that such a land sale was not uncommon when a landowner wanted to realise its potential and sell a freehold.
