1-3 Cross Street, Newtown, SY16 2LX

The property comprises a substantial Grade II Listed mixed use property arranged over 4 floors including basement level, extending to approximately 8,186 sqft (760.48 sqm) having a striking clocktower to the main frontage.

The property currently comprises 2 separate retail units each with large glazed frontages, basement storage and ancillary storage/office space on the first floor, and four separate residential apartments on the second floor.

The retail units both comprises spacious ground floor accommodation deemed suitable for a variety of uses, subject to planning.

The second-floor comprises four 1-bedroom residential apartments benefitting from their own separate access from Severn Street and each are fit out with modern kitchen and bathroom facilities.

The property occupies a highly prominent and sought after location on the junction of the High Street and Broad Street, the two main retail streets in Newtown. The property benefits from a long main frontage to the High Street with on street parking available in the near vicinity and the main public car parks within walking distcance.

Newtown is centrally located in Mid Wales and is the principal economic and administrative centre for the area being situated approximately 30 miles west of Shrewsbury and the M54 and 40 miles east of Aberystwyth and serves a wide catchment area.

The town has a large and developing commercial/industrial base and has also benefitted from the recent opening of the Newtown Bypass. The town also has a mainline rail station on the Cambrian Line from Shrewsbury to Aberystwyth and Machynlleth to Pwllheli.

Offers in the region of £495,000 are invited for the freehold interest with vacant possession on completion.