• • FOR SALE BY AUCTION ON THURSDAY 27TH FEBRUARY 2025
• • Mixed Use Investment Opportunity in town centre location
• • Three Retail Units Across Broad Street & Severn Street
• • Two Residential 2 Bedroom Apartments
• • Potential Development Opportunity
• • Commercial EPCs - D (76) & D (92) Exp 06.03.2033
• • Apartment EPCs - E (47) Exp 05.02.2035

FOR SALE BY ONLINE AUCTION ON THURSDAY 27TH FEBRUARY 2025
A mixed-use investment opportunity located on Broad Street within the town centre of Newtown, the largest town in Powys.
The property comprises of three Retail Units and two Residential Apartments with accommodation over three floors.
The property provides further development opportunity subject to the necessary permissions. The property is currently vacant.

The properties comprise:
51 BROAD STREET (Retail Premises)
Former Sports Shop occupying a net sales area of 71.81 sq m (773 sq ft) with double fronted shop onto Broad Street.
The property is ready for immediate occupation by a tenant with fixtures and fittings remaining from the previous occupier.
The premises benefits from an extensive first floor Storage Room extending to approximately 76.5 sq m (824 sq ft) with WC facilities, offering potential conversion into further residential accommodation (subject to the necessary permissions).

52 BROAD STREET (Retails Premises)
Former Betting Shop extending to approximately 181.6 sq m (1,954 sq ft) with access onto Severn Street via loading double doors. The premises comprises of a Ground Floor Retail Space, leading to a rear Staff Room with storage and WC facilities. Additional customer toilet facilities and Disabled WC.

4 SEVERN STREET (Retail Premises)
Three Storey Retail Premises with retail floor area extending to approximately 32.5 sq m (350 sq ft). The premises benefits from two upper levels with Storage and Office facilities extending to approximately 155.25 sq m (1,672 sq ft) offering potential for conversion into residential units, subject to the necessary permissions.

RESIDENTIAL ELEMENT
Two Residential 2 Bedroom Apartments located via external staircase to the rear of the property via a shared passageway with the adjacent building. The residential accommodation is located above 51/52 Broad Street occupying the top floor.

Access to the residential accommodation is via a shared passageway between 50 Broad Street and the subject property with an external staircase leading to the flat roof above 51 Broad Street. Access is via the flat roof to the Residential Apartments.

Directions

From our office in Newtown proceed towards the Town Clock and the premises is found towards the end of the street on the left hand side.