15 Broad Street, Welshpool, Powys, Mid Wales, SY21
£117.59 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,126 sq ft
198 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Comprises ground floor shop t/a Coral with ancillary accommodation above
- Future residential development potential, subject to obtaining consents
Description
Gross Initial Yield: 7.40%
Rental Income: £18,500 p.a.
VAT is applicable to this property
Rent review open market, upward only for 2022 is outstanding
Comprises ground floor shop t/a Coral with ancillary accommodation above
Future residential development potential, subject to obtaining consents
Town centre location opposite Post Office, with occupiers nearby including Barclays, Costa Coffee, Lloyds Bank and Greggs, amongst many more.
Property Description:
The property comprises ground floor retail shop t/a Coral with ancillary accommodation at first and second floor, providing the following accommodation and dimensions:
Ground Floor: 91.50 sq m (985 sq ft)
Open plan Retail, Office, Storage, WCs
First Floor: 55.50 sq m (597 sq ft)
Ancillary, Storage
Second Floor: 50.50 sq m (544 sq ft)
Ancillary, Storage
Total area size: 197.50 sq m (2,126 sq ft)
Tenancy:
The property is at present let to Coral Racing Limited for a term of 10 Years from 24th June 2017 at a current rent of £18,500 p.a. and the lease contains full repairing and insuring covenants. Rent review on 24th June 2022 outstanding. Tenant in occupation since 2007.
Location:
Welshpool is a market town and community in Wales, administered as part of the unitary authority of Powys. The town is well located to allow access to the A483 and A458 and the national motorway network. The property is located within 10 minutes walk of Welshpool station, providing good connections to Wales and the rest of the UK. Town centre location opposite Post Office, with occupiers nearby including Barclays, Costa Coffee, Lloyds Bank and Greggs, amongst many more.
Brochures
15 Broad Street, Welshpool, Powys, Mid Wales, SY21
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Welshpool Station0.4 miles
About Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
Disclaimer - Property reference welshpool. 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 Blue Alpine, London. 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.
Map data ©OpenStreetMap contributors.