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Market Street, Newtown, Powys, SY16

£15,000pa

Commercial Property

Overview

Commercial Property for rent in Market Street, Newtown, Powys, SY16

Key Features:

  • Substantial Retail Premises
  • Town Centre Location
  • Retail Unit Extending to 1,912 sq.ft (177.6 sq.m)
  • Front, Mid/Rear Shop, Storage Room
  • First Floor Storage Area, Kitchen, Cellar Storage Rooms
  • Commercial EPC - C (62)

Substantial Retail Premises situated in town centre Location. Retail Unit Extending to 1,912 sq.ft (177.6 sq.m). Front, Mid/Rear Shop, Storage Room. First Floor Storage Area, Kitchen, Cellar Storage Rooms. Commercial EPC - C (62)

A Substantial Retail Premises located within the town centre and adjacent to the towns market hall & opposite Ladywell Shopping Centre.
The retail unit extending to 1,912 sq.ft (177.6 sq.m) plus extensive cellar storage.
Previously used by BJ's Electrical for many years offering potential for extensive retail usage i.e. office use subject to the appropriate planning consents & change of useage.

The premises comprises:
On the Ground Floor:
Front Shop 292.11 sq.ft (6.87m x 3.95m) with counter & display.
Mid/Rear Shop 1196.8 sq.ft (24.54m x 4.53m) double doors & fire exit leads to a right of way onto Market Street.
Rear Storage Room 280.32 sq.ft (5.72m x 4.56m) staircase to first floor.

On the First Floor:
Storage Area 151.91 sq.ft (4.53m x 3.00m).
Kitchen Area 2.42m x 4.17m (overall) stainless steel sink & drainer with cupboards beneath, worktop surfaces, recess for fridge, Velux rooflight.
Separate WC

On the Lower Ground Floor:
Cellar Storage with original flagged stone & cobbled floors.
Room (1) 464.84 sq.ft (10.36m x 4.17m)
Store Room (1) 204.84 sq.ft (4.83m x 3.94m)
Store Room (2) 164.55 sq.ft (4.20m x 3.65m)
Store Room (3) 223.46 sq.ft (5.19m x 4.00m)

Outside:
There is a pedestrial right of way through the double doors on Market Street to the side rear door.

SERVICES:
Mains electricity & water.

RENT: £15,000 per annum, payable quarterly in advance.

TERMS: The length of lease is negotiable. Incomming Tenant to pay for the Landlord's legal costs.   Tenant responsible for business rates & all services consumed. References will be required.

BUSINESS RATES: Rateable Value: £14,750 per annum.

VIEWING: By prior arrangements with the Agents.

DIRECTIONS: From our office in Newtown proceed towards the Town Clock and continue onto Shortbridge Street, turn right into Market Streeet and the property is a short distance on the right hand side.

MONEY LAUNDERING REGULATIONS:
On putting forward an offer to purchase you will be required to produce adequate identification to prove your identity within the terms of the Money Laundering Regulations (MLR 2017 came into force 26.06.2017) E.G: Passport or Photographic Driving Licence and a recent Utility Bill.

There is a pedestrian right of way through the double doors on Market Street to the side rear door.
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Sorry! There are no available floor plans for this property.
Sorry! An EPC is not available for this property.

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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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