25 High Street, Brecon
Powys, Brecon, LD3 7LA

Description

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.

The specification includes;

• Quoting Rent £16,000 pax
• The town has a population of approx. 65,000 residents. St Tydfil Shopping Centre and Beacons Place Shopping Centre are situated within close proximity to the subject premises.
• The premises is a two-storey building with access direct from Victoria Street. The ground floor is made up of an open plan sales area.
• Ground Floor Sales 81.81 sq m 880 sq ft

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.