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Long Bridge Street, Llanidloes, Powys, SY18

Guide Price £370,000

Commercial Property

Overview

Commercial Property for sale in Long Bridge Street, Llanidloes, Powys, SY18

Key Features:

  • Prominent corner commercial and residential property.
  • Situated within the town centre , opposite the Old Market Hall.
  • Newtown 14 miles. Aberystwyth 32 miles. Shrewsbury 48 miles.
  • Investment opportunity.
  • Current rental £37,280 pa against the current asking price a gross return of 10%.
  • Ground floor let on 20-year lease from 2020.
  • Five further flats over on Assured Shorthold Tenancies.

Prominent corner commercial and residential property. Situated within the town centre, opposite the Old Market Hall. Newtown 14 miles. Aberystwyth 32 miles. Shrewsbury 48 miles. Investment opportunity. Current rental £37,200 pa against the current asking price a gross return of 10%. Ground floor let on 20-year lease from 2020. Five further flats over on Assured Shorthold Tenancies.

Prominent corner commercial and residential property. Situated within the town centre , opposite the Old Market Hall. Newtown 14 miles. Aberystwyth 32 miles. Shrewsbury 48 miles. Investment opportunity. Current rental £37,280 pa against the current asking price a gross return of 10%. Ground floor let on 20-year lease from 2020. Five further flats over on Assured Shorthold Tenancies. All flats have been redecorated and updated during 2020.

Accommodation:

Ground floor:
SELF CONTAINED RETAIL UNIT - currently let as Aisha's Cafe & Restaurant
Front Restaurant 7.66 x 6.22 (47.65 sq m), door from Long Bridge Street
Bar Servery 4.04 x 3.71 (15 sq m)
Kitchen 6.17 x 3.68 (22.73 sq m)
Takeaway Seating Area with doorway from Short Bridge Street
Gents Toilet
Ladies/Disabled Toilets
Rear Lobby with external door to courtyard, staircase down to extensive Cellarage

FIVE FLATS OVER with separate access from Short Bridge Street into a communal area which serves the 5 flats

First floor:
Landing with caretaker/meter room

Flat 1 (Bedsit)
Entrance hall, shower room, kitchen/diner/lounge, bedroom

Flat 2
Kitchen/diner, bedroom, shower room

Second floor:

Flat 3
Lounge, kitchen/diner with staircase up to third floor to 2 bedrooms & shower room

Flat 4
Kitchen, shower room, lounge/bedroom

Flat 5
Kitchen/diner, shower room, 2 bedrooms, lounge

Right of way to the of the restaurant and also a fire escape from the flats.
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Aberystwyth 01970 625020
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About Us

Our residential, commercial and rural property teams are based at 10 offices in, Aberystwyth, Llanidloes, Machynlleth, Newtown,  Oswestry, Rhayader, Tywyn, Welshpool. Window display in Aberdyfi.

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