Broad Street, Newtown, Powys, Mid Wales, SY16

Commercial investment opportunity
Ground floor retail unit comprising office & rear area (let to Betfred)
Kitchenette, cloakroom, lobby, cellar, WCs. Rear unit: sitting room & lobby
Separate rear unit currently let as bed & breakfast/hostel accommodation
First & second floor with 10 en suite bedrooms
Gross rent £38,000 per annum showing 8% return

Newtown is a busy market town situated on the banks of the River Severn. The property is located on the main street opposite Spar and Wetherspoons. There is a railway station in the town plus many nearby tourist attractions such as Powis Castle, Gregynog Hall and Montgomery Canal. It is also close to a number of villages and small market towns: Shrewsbury (35 miles) and the coastal seaside town of Aberystwyth (46).

Commercial opportunity on the main Broad Street within the market town of Newtown, offering a gross rent of £38,000 per annum sharing a return on the gross rent of 8%. Let to Betfred and the rear unit let to a separate tenant for bed & breakfast/hostel accommodation.

Situated in a conservation area in the town with an area which we believe to be listed to the rear (listing information available from the agent's office - potential purchasers to make their own enquiries).