Broad Street, Newtown, Powys, SY16
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- FOR SALE BY AUCTION ON THURSDAY 27TH MARCH 2025
- Mixed Use Investment Opportunity in town centre location
- Three Retail Units Across Broad Street & Severn Street
- Two Residential 2 Bedroom Apartments
- Potential Development Opportunity
- Commercial EPCs - D (76) & D (92) Exp 06.03.2033
- Apartment EPCs - E (47) Exp 05.02.2035
Description
A mixed-use investment opportunity located on Broad Street within the town centre of Newtown, the largest town in Powys.
The property comprises of three Retail Units and two Residential Apartments with accommodation over three floors.
The property provides further development opportunity subject to the necessary permissions. The property is currently vacant.
The properties comprise:
51 BROAD STREET (Retail Premises)
Former Sports Shop occupying a net sales area of 71.81 sq m (773 sq ft) with double fronted shop onto Broad Street.
The property is ready for immediate occupation by a tenant with fixtures and fittings remaining from the previous occupier.
The premises benefits from an extensive first floor Storage Room extending to approximately 76.5 sq m (824 sq ft) with WC facilities, offering potential conversion into further residential accommodation (subject to the necessary permissions).
52 BROAD STREET (Retails Premises)
Former Betting Shop extending to approximately 181.6 sq m (1,954 sq ft) with access onto Severn Street via loading double doors.
The premises comprises of a Ground Floor Retail Space, leading to a rear Staff Room with storage and WC facilities. Additional customer toilet facilities and Disabled WC.
4 SEVERN STREET (Retail Premises)
Three Storey Retail Premises with retail floor area extending to approximately 32.5 sq m (350 sq ft). The premises benefits from two upper levels with Storage and Office facilities extending to approximately 155.25 sq m (1,672 sq ft) offering potential for conversion into residential units, subject to the necessary permissions.
RESIDENTIAL ELEMENT
Two Residential 2 Bedroom Apartments located via external staircase to the rear of the property via a shared passageway with the adjacent building.
The residential accommodation is located above 51/52 Broad Street occupying the top floor.
Access to the residential accommodation is via a shared passageway between 50 Broad Street and the subject property with an external staircase leading to the flat roof above 51 Broad Street. Access is via the flat roof to the Residential Apartments.
Brochures
ParticularsEnergy Performance Certificates
EPCPicture No. 12Picture No. 13Picture No. 16Picture No. 17Broad Street, Newtown, Powys, SY16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newtown Station0.3 miles
- Caersws Station5.0 miles
Notes
Disclaimer - Property reference NEW250010. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Morris Marshall & Poole, Newtown on 01686 805803.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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