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Commercial Property for sale

Maengwyn Street, Machynlleth, Powys

Offers in Region of £175,000

Property Description

Key features

  • Comprising a well-situated Commercial Unit with an extensive forecourt area and frontage onto Maengwyn Street - an exciting redevelopment opportunity suitable for a range of uses subject to obtaining

Full description

98 Maengwyn Street has been introduced to the Market with a Guide Pride of offers in the region of £175,000 to reflect the Sites potential for conversion to a number of uses, to include residential use subject to obtaining the necessary planning consents. It lies within the Machynlleth Unitary Development Plan and is therefore potentially suitable for residential use. We have not enquired with the Powys Planning Authority, the intention is to market the Property on the open market, without any onerous overage/clawback provisions, and allow prospective purchasers to make their own enquiries with the Planning Authority.

The actual Building is of steel frame construction with the rendered front elevation of concrete block construction and the remainder clad with corrugated iron sheeting. There is a concrete screed floor and the Warehouse extends to 322m, with an Office / Retail Area as well as a small Medicine Store. Clynderwen & Cardiganshire Farmers Ltd. have been trading from the Premises for decades and the actual Site extends to 0.221 of an Acre in its entirety.
As previously mentioned the Property is offered on the open market but there will be a restrictive covenant prohibiting using the Premises for the sale and supply and agricultural goods. Interested parties are advised to contact the Agent who will furnish them with a copy of the proposed Covenant which is to be incorporated in the Contract of Sale.

Energy Efficiency Rating - E (121)

Enclosed Yard: 322M - A dropped kerb leads off the A489 Trunk Road to the wide gateway which leads into the Yard which benefits from a concrete floor, wall and railings fronting onto Maengwyn Street.

Warehouse - 23.006 x 15.3 (75'6" x 50'2") - To include

Main Office - 4.331 x 2.997 (14'2" x 9'10") - A number of windows providing ample natural light. Counter Area. Creda wall-mounted storage heater. Double Strip Lighting.

Panelled door to:

Hallway - 1.895 x 1.172 (6'2" x 3'10") - Shelving. Ceiling Light. Window to Warehouse.

Rear Office - 2.958 x 1.940 (9'9" x 6'4") - Window to front Elevation. Shelving. Wall-mounted Heatstore storage heater. Washbasin with Santon hot water Boiler. Double Strip Lighting.

(With Storage Area above)

Store - 2.9 x 2.029 (9'6" x 6'8") - Window to front Elevation and to Warehouse. Strip Lighting. Storage Area above.

Outside - W.C. To side of Warehouse

Enclosed Yard to rear of Warehouse

PROPERTY MISDESCRIPTIONS ACT 1991 The Agent has not tested any apparatus, equipment, fixtures or fittings, services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor or Surveyor. Norman Lloyd endeavour to draft these details accurately and reliably taking reasonable steps to verify the information. The Vendor/s have also acknowledged these details are true and accurate. However if there is any point that is of particular importance to you, please contact our offices and we will be pleased to confirm the position for you.

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