Parkers Lane, Newtown, Powys, SY16
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Charming Fully Equiped Grade II Listed Restaurant
- Conveniently located within walking distance of town centre & train station
- Restaurant with upto 38 covers
- Dining Area, Bar, Fully fitted Kitchen with Cold Room
- Prep Room. Wet Room. Robust Extraction System
- First Floor Living Accommodation 2 Spacious Bedrooms, Snug & Shower Room
- Outside Courtyard
- EPC- TBC
Description
Positioned within walking distance of the train station and surrounded by thriving shops and local businesses, the property enjoys excellent visibility and foot traffic, making it an ideal setting for a successful food and drink venture.
The restaurant interior is thoughtfully arranged to accommodate up to 38 guests, with a warm and inviting Dining Area that includes tables, chairs, and a well-positioned bar.
The Bar is equipped with an under-counter drinks fridge and a dedicated cutlery and napkin unit, providing a functional and stylish space for service.
Kitchen is fully fitted for professional use, featuring stainless-steel work benches, a 4-burner hob/oven, electric oven, griddle, fridge, freezer, and a walk-in Cold Room.
Supporting areas include a Wet Room with a commercial dishwasher and double sink, Separate Prep Room with additional freezers, fridge, washing machine, ice maker, microwave, and ample shelving and bench space.
The infrastructure also includes a robust extraction system, fire alarm, boiler, outdoor cabin, and a rear fire escape.
Above the restaurant, the first floor offers comfortable Living Accommodation with two spacious Bedrooms, Snug, and Shower Room with WC and washbasin.
BUSINESS INSURANCE
£2,069.40 per annum for 2025/2026
(combined rent and business insurance: £1,339.11 paid monthly in advance).
BUSINESS RATES
Rateable Value: £3,351 per annum 2025/2026
FIXTURES & FITTINGS
£2,500
The extraction system, boiler, fire alarm system, cold room, outdoor cabin and fire escape remain “The fabric of the building”; however, the tenant is responsible for the maintenance, repair and annual servicing as required.
The extraction system and fire alarm system are due a service.
The boiler service is due in December 2025.
An allowance has been made in the asking price of the fixtures and fittings to accommodate this.
LEASE
Five year lease with thre year rent review.
Guarantor required for the lease.
Outside Courtyard Area
Brochures
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: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Parkers Lane, Newtown, Powys, SY16
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Visit our security centre to find out moreDisclaimer - Property reference NEW250423. 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.
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