The restaurant and takeaway is set to be built on part of the former Smithfield livestock market site off Shrewsbury Road.
Planning permission was granted for a 100 seater restaurant was granted in January 2021.
A spokesperson from McDonald's said:"We are excited about getting on site and starting building works in Oswestry and hope to have everything ready to open the restaurant in the autumn." The company said the development will bring an estimated 30 full time and 35 part time positions to the town.The land became available when the livestock market gave up some of its site during a re-vamp.
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