An historic former restaurant in Oswestry, which has the potential for residential and commercial redevelopments, is on the market.

Formerly The Dining Rooms on Welsh Walls, the iconic property dates back to 1841 and has a distinguished history.

Initially The National School, it catered for infant and junior children with the provision of headmaster accommodation.

It closed in 1985 but was given a new lease in life in 1992 when its current owners opened The Walls restaurant, later changing its name to The Dining Rooms, which enjoyed an unrivalled reputation.

It closed its doors last year when the owners retired and offers in the region of £525,000 are now invited for the Freehold interest.

Towler Shaw Roberts has been instructed to market the property and Amie Lingwood along with Toby Shaw, who are handling the sale, said: “It’s a unique property which is seen as an iconic and much loved landmark in the area.

“The extensive accommodation boasts many characterful features. The property is also not listed which is advantageous to potential buyers.

“A pre-application has been made for a residential conversion with the potential for up to 10 homes.

"The scheme would involve converting the existing building into seven dwellings of between two to four-bedrooms. There would also be an opportunity of up to three more new homes being located within the grounds.

“There is also scope for the property to be retained as a restaurant, offering many options and it whilst benefiting from extensive car parking facilities.”

The property, on the edge of Oswestry town centre, boasts substantial accommodation with a number of charming features including exposed brick/timber work and original tiled floors in part.

Extending in total to 6,600 sqft, it is set within a total site area of approximately 0.75 acres with green space on two sides, overlooking Cae Glas Park and Brynhafod Fields.

The property is mainly single storey with two small two-storey sections

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