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High Street, Welshpool, Powys, SY21

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • A Prominent Grade II Listed Town Centre Building of Character
  • Long Standing Retail Tenant and Duplex Apartment Subject to an A.S.T.
  • Attractive Investment Yield of 7% with scope for a greater return
  • Extended and Versatile Retail Space with Storage Areas, Kitchenette and Cloakroom, First Floor Storage
  • Character Duplex Apartment with Modernised Accommodation Retaining Original Features
  • Attractive Enclosed Rear Garden
  • Within the Historic Conservation Area of Similar Buildings
  • Well Situated Astride the one way thoroughfare traffic route through town
  • Energy Efficiency Rating: TBC

Description

9-10 High Street is an imposing Grade II Listed 15th Century building of half-timbered, brick and stone construction beneath a pitched tiled roof with a later single storey rear retail space at the rear. The property has an attractive black and white chequered facade in keeping with that of the neighbouring property. The longstanding tenant of the retail space has been in occupation since 2010 and has a desire to continue with a passing rent in excess of £6,000 per annum. The versatile layout provides for sectional areas of retail space which also has scope for alternative uses, with the building having previous traded as a tea room, frame work studio and various other enterprises during its time. There are various storage areas together with a Kitchenette and Cloakroom and a first floor storage space above. There is an attractive garden area to the rear, which could be used in conjunction with the retail space or the accommodation above.

The duplex apartment is independently accessed and provides for characterful accommodation over first and second floor levels, including a Kitchen and Living Area with exposed timbers, together with a Bathroom and 2 Bedrooms, all of which have improved electric heating in the form of modern storage heaters.

The apartment is currently let on an Assured Shorthold Tenancy with an annual income of £4,560 per annum. There is scope to have a greater return from this element of the building.

The sale of the property with its mixed uses would be a sound addition to a current investment portfolio or those seeking a stand-alone pension opportunity.

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Particulars

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

High Street, Welshpool, Powys, SY21

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Welshpool Station0.5 miles
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About the agent

Morris Marshall & Poole, Welshpool

28 Broad Street, Welshpool, SY21 7RW

Morris Marshall & Poole, Welshpool

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.

We now have 8 offices able to offer these services from the Welsh Coast through the heart of Mid Wales to the Borders and central Shropshire.

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Disclaimer - Property reference WEL240098. 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, Welshpool. 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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