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24 High Street, Newtown

Powys, Newtown, SY16 2NP

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Summary

  • Retail
  • 3,275 sq ft (304 sqm)
  • Under Offer
  • On Application / £250,000

Ben Davies

Associate Director
Ben Davies
Contact Agent

Sebastian Branfield

Trainee Surveyor
Sebastian Branfield
Contact Agent

Location

The property occupies a prominent position on High Street, one of the main retailing pitches in Newtown running adjacent to Broad Street. Newtown is centrally located in Mid-Wales approximately 40 miles East of Aberystwyth, 30 miles Southwest of Welshpool. Bear Lanes Shopping Centre adjoins the property to the rear. Other occupiers in the immediate vicinity include Greggs, NatWest Bank, Boots and a range of local independent retailers.

Location

The property occupies a prominent position on High Street, one of the main retailing pitches in Newtown running adjacent to Broad Street. Newtown is centrally located in Mid-Wales approximately 40 miles East of Aberystwyth, 30 miles Southwest of Welshpool. Bear Lanes Shopping Centre adjoins the property to the rear. Other occupiers in the immediate vicinity include Greggs, NatWest Bank, Boots and a range of local independent retailers.

Property details

The property comprises a 3-storey building over ground, first and second floors, with a side entrance to access the upper floors to the right-hand side of the shop front. Access to the ground floor is directly from High Street. The property benefits from unique features such as listed shop front and dual skylight to the ground floor sales area. The ground floor benefits from staff room to the rear and wc’s. Previously, the first floor was used as a WHSmith Museum. The upper floors are suitable for conversion to residential accommodation.

The specification includes;

  • Development Opportunity, Possible Conversion to Residential on Upper Floors
  • Excellent Position in Town Centre, with notable occupiers nearby being Greggs, NatWest Bank, Boots and a Mix of Local Occupiers
  • The Rear of the Property adjoins Bear Lanes Shopping Centre

The freehold with vacant possession is available at a price of £250,000.

The Purchaser will be required to satisfy the Vendor and their agents regarding the source of the funds used to complete the transaction plus providing identification where necessary.

£12,299 per annum

Strictly by appointment with sole agents Cooke & Arkwright.

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