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COMMERCIAL

Market Street, Newtown, Powys, SY16

£1,167 pcm
£14,000 pa
Morris Marshall & Poole, Newtown

Letting details

Let available date:
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Let type:
Long term
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Town Centre Retail Opportunity
  • Acquiring an existing lease
  • lLarge Ground Floor Retail Space
  • Storage, Preparation & Office Space Spanning Over Three Floors
  • Detached Cold Store to the rear
  • Potential sale as going concern
  • EPC - D (80)

Description

An opportunity to acquire an existing lease, expiring in July 2026 benefitting from a town centre setting opposite the entrance to the recently refurbished Market Hall.
Spanning over three floors with additional Detached Storage Room, the property has been successfully run by the current Tenant for a number of years, offering a prime opportunity for continuation in the Butcher trade or for an alternative use subject to the relevant permissions.
The accommodation comprises of:
Street fronting Retail Area with Storage Room and Cold Store located to the rear of the property.
Cellar/Lower Ground Floor with access to the rear courtyard, currently utilised as preparation space, storage and an office spanning the length of the building.
Part of the First Floor is utilised for further food preparation and is independent from the remainder of the building.
Following a 30 year span trading in the business, the current tenant is open to discussion on selling the business as a going concern, to be negotiated separately from the lease.

SERVICES
Mains electricity, water and drainage.

BUSINESS RATES
Rateable Value £11,250 (April 2023)

The property fronts Market Street with pedestrian access and one-way road.
Gated entrance to a shared rear-courtyard providing access to the two flats within the building.
Access to the Detached Storage Room, complete with Cold Store.

Brochures

Particulars

Energy Performance Certificates

Picture No. 14

Market Street, Newtown, Powys, SY16

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newtown Station0.2 miles
  • Caersws Station5.0 miles
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About the agent

Morris Marshall & Poole, Newtown

10 Broad Street, Newtown, Montgomeryshire, SY16 2LZ

Morris Marshall & Poole, Newtown

Welcome to Morris Marshall & Poole - Estate Agents and Chartered Property Surveyors

Established in 1862 the estate agents and property surveyors firm has been serving the community for over 150 years and has built up an enviable reputation for integrity and professionalism in the field of residential,commercial and agricultural services.

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Notes

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Disclaimer - Property reference NEW240074_L. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Morris Marshall & Poole, Newtown. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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