Market Approach, Brecon, Powys, LD3

Property Description

Guide Price £160,000-£180,000. Detached commercial unit offering an exceptional opportunity in the heart of Brecon with high footfall and an opportunity to further develop subject to permissions. Previous income of circa £18,000*.

Property Details

This detached commercial unit offers an exceptional opportunity in the heart of Brecon, located within the busy Morrisons car park, guaranteeing high visibility and steady foot traffic. With 1,049 sq ft spread across two floors, this versatile space is ideal for both retail and office use, giving businesses ample room to adapt and thrive.

Previously generating approximately £18,000 per annum (unverified), this property presents a valuable investment for owners and tenants alike. Don’t miss the chance to secure a prominent position in Brecon’s thriving market town.
Location
Brecon, a vibrant market town in Powys, Wales, sits at the northern edge of the stunning Brecon Beacons National Park. Known for its scenic landscapes, rich history, and strong community spirit, Brecon is a desirable location for residents, businesses, and visitors alike. Here’s a closer look at what makes Brecon a unique place to live, work, and invest.
A Hub for Tourism and Outdoor Activities

Brecon’s location near the Brecon Beacons National Park makes it a prime destination for outdoor enthusiasts. The park draws tourists year-round with activities such as hiking, cycling, fishing, and even stargazing, as it’s a designated Dark Sky Reserve. This influx of visitors supports a bustling local economy, particularly for hospitality, retail, and specialty businesses catering to tourists and adventure-seekers. Local attractions such as Brecon Cathedral, the Regimental Museum of the Royal Welsh, and the annual Brecon Jazz Festival add to the area’s appeal and bring additional footfall.
Demographics and Community Life

Brecon’s population is approximately 8,000, creating a close-knit community with a warm, welcoming feel. The town’s mix of families, professionals, and retirees contributes to a well-rounded demographic. Brecon offers excellent schools, healthcare facilities, and local amenities, making it a desirable place for families, while the surrounding natural beauty appeals to those looking for a slower pace of life.
Commercial Appeal and Economic Data

Brecon’s economy is underpinned by its thriving tourism industry, agricultural heritage, and expanding retail and service sectors. The town center boasts a blend of independent shops, cafes, and larger retail names, attracting both locals and visitors. The presence of Morrisons and other high-profile stores contributes to strong foot traffic and visibility, particularly for businesses located within or near major car parks.
Commercial rental rates in Brecon are competitive, with retail and office spaces benefiting from the town’s steady visitor numbers. The average commercial unit in high-traffic areas can yield around £15,000 to £20,000 per annum, depending on the unit size, visibility, and amenities.
Business Growth

Small businesses and independent retailers thrive in Brecon, supported by local events and a tourism-driven economy. The town's Chamber of Trade actively promotes economic growth, creating opportunities for new businesses to integrate into the community.
Investing in Brecon

For those considering investing in Brecon, the combination of tourist-driven economy, steady local population, and scenic location creates an attractive environment for commercial ventures. Properties in prime locations with footfall, such as those near key retail and parking areas, stand to benefit from Brecon’s steady economy and visitor numbers.

Brecon, with its balance of heritage and opportunity, offers businesses and investors a compelling blend of lifestyle and commercial potential in the heart of Wales.
NB. Please note, this property has flooded previously and the buyer should complete their own due diligence.