24 High Street, Newtown
Powys, Newtown, SY16 2NP

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.

Description

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

Viewings

Strictly by appointment with sole agents Cooke & Arkwright.

Terms

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

Anti-Money Laundering (AML) Regulations

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.

Business Rates

£16,158 per annum

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.