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5 Short Bridge St 1,755 sq ft Retail Property Newtown SY16 2LW £200,000 (£113.96/sq ft)



INVESTMENT HIGHLIGHTS
- Prominent location in centre of Newtown
- Retail Premises with Two Upper Floors
- Useful outside yard area
- Grade II Listed Property
- Potential for conversion of 2nd Floor into Flat (Subject to relevant consents)
- Commercial EPC - D (83) Exp 02.12.2034
EXECUTIVE SUMMARY
Retail Premises available for sale at a guide price £200,000. Tenure freehold.
A Grade II Listed 3 Storey Retail Premises comprising ground floor shop with first and second floor accommodation.
The property is prominently situated in a corner position on Shortbridge Street close to the junction with Market Street in the established market town and administrative centre of Newtown within the County of Powys.
The ground floor is currently retailing as a China, Glass & Gift Shop and has done so for over 30 years.
The first floor is currently used as a retail storage area with kitchen.
The second floor which comprises of three rooms and a washroom is currently vacant and offers scope for conversion into living accommodation subject to the relevant Local Authority consents.
There is also a useful outside yard area with access directly off the street.
The accommodation briefly comprises:
Ground Floor:
Retail Area with windows to front and side, Store Room and WC.
First Floor:
Landing, Storage Area, Kitchen.
Second Floor:
Landing, 3 Store Rooms, Washroom.
Useful rear yard area with access off street and external metal fire escape stairs from first floor. Outside store shed.
A Grade II Listed 3 Storey Retail Premises comprising ground floor shop with first and second floor accommodation.
The property is prominently situated in a corner position on Shortbridge Street close to the junction with Market Street in the established market town and administrative centre of Newtown within the County of Powys.
The ground floor is currently retailing as a China, Glass & Gift Shop and has done so for over 30 years.
The first floor is currently used as a retail storage area with kitchen.
The second floor which comprises of three rooms and a washroom is currently vacant and offers scope for conversion into living accommodation subject to the relevant Local Authority consents.
There is also a useful outside yard area with access directly off the street.
The accommodation briefly comprises:
Ground Floor:
Retail Area with windows to front and side, Store Room and WC.
First Floor:
Landing, Storage Area, Kitchen.
Second Floor:
Landing, 3 Store Rooms, Washroom.
Useful rear yard area with access off street and external metal fire escape stairs from first floor. Outside store shed.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,755 sq ft
Costar Property Class
B
Year Built
1980
Price
£200,000
Price per sq ft
£113.96
Tenancy
Single
Number of Floors
3
Plot ratio
1.69
Total Plot Size
0.02 ac
AMENITIES
- Bus Route
- Security System
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5 Short Bridge St
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