• • A Town Centre Commercial/residential property
• • Investment opportunity
• • Ground floor Laundrette
• • 4 one bedroom flats
• • Fully occupied

A rare opportunity to acquire a Grade II Listed Town Centre property with a mixed commercial and residential use.

The property consists of a ground floor commercial premises, let as a Laundrette with Sui generis use. On the first and second floors, there are 4 one bedroom flats, all occupied with occupation contracts in place.

The current annual passing rent is £20,180 representing a yield of 8.96% on the asking price.

Rateable value for the commercial premises is currently set at £8,200.

Each flat is a Council Tax band 'A' and have valid Energy performance certificates with 'D' ratings.

Directions

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From our Welshpool office, proceed up Broad Street and the property will be found on the right hand side, just after the Town Hall.