Commercial Property in Knighton available for sale
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Commercial Property for Sale near the Knighton, UK

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More details for 2 West St, Knighton - Retail for Sale

2 West St

Knighton, LD7 1EN

  • Retail for Sale
  • £85,000
  • 995 sq ft

Knighton Retail for Sale - Powys

DESCRIPTION<br /><br />The property comprises of an attractive two storey mid terraced property with a lower ground floor/basement of traditional brick construction under a slate roof cover.<br /><br /><br /><br />The property comprises of a ground floor lock up shop unit in retail use with a Total Net Sales Area of 366 ft sq (34.01 m sq) and an office and within the lower ground floor/basement area there are stores and offices which has a Total Net Area of approximately 502sq ft (46.63m sq). <br /><br /><br /><br />The rest of the property comprises of a two bedroomed apartment arranged over the first floor and benefiting from a self contained ground floor entrance. <br /><br /><br /><br />The apartment comprises of a kitchen, bathroom, Sitting Room and two bedrooms. The apartment benefits from electric storage heaters. All parking is on street.<br /><br /><br /><br />SITUATION<br /><br />The property is prominently situated in the centre of the town of Knighton fronting onto West Street. Knighton is a market town located in Powys and benefits from all local amenities. <br /><br />The town lies approximately 31 miles South of the town of Shrewsbury and approximately 19 miles North West of the Town of Leominster. <br /><br />The town is located on the Shropshire/Powys Border. The Town had a population of 3,172 people at the 2011 Census. <br /><br /><br /><br />PLANNING<br /><br />The property is understood to benefit from A1 (Retail) Use and C3 (Residential) Use under The Town and Country Use Classes Order 1987.<br /><br /><br /><br />SERVICES<br /><br />NOT TESTED - It is understood that mains water, electricity, and drainage are connected to the property. The shop and the flat benefit from separate service connections.<br /><br /><br /><br />TENURE<br /><br />The property is offered for sale Freehold subject to the following Tenancies. Ground Floor and lower ground floor/basement area is let on a commercial lease for 1 year from the 1st of March 2019 on Tenants Internal Repairing Terms at a rent of £4,200 per annum. The flat is let on an Assured Shorthold Tenancy Agreement at a rent of £ 325 pcm.<br /><br /><br /><br />RATEABLE VALUE<br /><br />We have made non-verbal enquiries to the local authority and have been advised as follows;<br /><br /><br /><br />Rateable Value £3,100<br /><br />Flat- Council Tax Band A<br /><br /><br /><br /><br />

Contact:

Halls Holdings Limited

Property Subtype:

Shopfront Retail / Residential

Date on Market:

08/07/2025
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Commercial Properties for Sale Within 10 miles of the Knighton, UK

LoopNet UK Powys Commercial Properties For Sale in Knighton, UK

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FAQs about Commercial Properties For Sale in Knighton

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How many Commercial Property listings are available for sale in Knighton?
There are currently 1 Commercial Properties available for sale near Knighton. These Knighton Commercial Property listings have an average size of 995 sq ft. The largest available listing in Knighton is 995 sq ft. The thriving commercial centre and excellent transport links in Knighton make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Knighton?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Knighton currently range from £64 to £64 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Knighton?
There is a diverse range of commercial properties available in Knighton to suit various business needs. Knighton offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Knighton commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Knighton, UK

Market Overview for Commercial Properties in Knighton

Key information for Commercial Properties investors in Knighton and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Knighton £64 995 sq ft
Pentre £81 1,563 sq ft
Presteigne £53 3,541 sq ft
Newtown £94 3,017 sq ft
Llandrindod Wells £83 12,027 sq ft

Rental Price Trends in Knighton

The price per square foot range for Commercial Properties in Knighton and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Knighton £64 £64 £64
Pentre £81 £81 £81
Presteigne £53 £53 £53
Newtown £31 £94 £130
Llandrindod Wells £20 £83 £188

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Knighton area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Knighton 995 sq ft 995 sq ft 995 sq ft
Pentre 1,563 sq ft 1,563 sq ft 1,563 sq ft
Presteigne 3,541 sq ft 3,541 sq ft 3,541 sq ft
Newtown 1,755 sq ft 3,017 sq ft 4,082 sq ft
Llandrindod Wells 1,478 sq ft 12,027 sq ft 32,093 sq ft

You searched for commercial property for sale in Knighton. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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