- INVESTMENT RETAIL
- 4,197 sqft (390 sqm)
- For sale
Attractive investment opportunity offering secure income on ground floor and opportunity to add value on upper floors
The property is Grade II Listed
Located in Brecon town centre, an affluent and quaint market town in the county of Powys, with links
to both the A40 and A470
Comprises ground floor retail unit with former hotel rooms on the upper floors
Ground floor let to Specsavers until September 2031 subject to a rent review and tenant break
option in October 2026
Tenant renewed their lease in 2021
Current rent of £21,500 per annum
First and second floors previously used as hotel accommodation, now vacant offering the opportunity to add value by refurbishing or redeveloping the upper floors for a variety of uses (subject to planning)
We are instructed to seek offers in excess of £375,000 subject to contract and exclusive of VAT.
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.