Commercial Property for sale in Shortbridge Street, Newtown, Powys, SY16
- Town Centre Retail Shop Premises
- Currently let on a two year lease from March 2022
- Potential Yield of 7.86%
- Total Area extending to 5.47 sq.m. (543.25 sq.ft.)
- Ideal trading location
- Commercial EPC - C (68)
Town Centre Retail Shop Premises. Currently let on a two year lease from March 2022. Potential Yield of 7.86%. Total Area extending to 50.47 sq.m. (543.25 sq.ft.). Ideal trading location. Commercial EPC - C (68)
Town Centre investment opportunity. The property is currently let on a two year lease, outside the Landlord & Tennant Act from 1st March 2022.
The purchase at the asking price would result in a 7.86 yield.
The property is situated in the town's Conservation Area, near the public car park, post office and High Street.
Total Area extending to 5.47 sq.m. (543.25 sq.ft.).
The property is laid out over two floors and comprises:
On the Ground Floor:
Shop Frontage 3.45m x 6.27m (21.63 sq.m./232 sq.ft.) front window display, slimline storage heater, striplighting.
Rear Area 6.40m x 3.50m (6.44 sq.m./69.31 sq.ft.) slimline storage heater, striplighting, pine stairs to upper floor.
Total Ground Floor Area 28.07 sq.m./302.14 sq.ft.
On the First Floor:
Display Room 6.40m x 3.50m (22.40 sq.m./241.11 sq.ft) bay window display, striplighting.
Toilet comprising WC, wash basin, electric water heater, extraction fan.