Commercial Property in LD1 available for sale
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Commercial Properties for Sale in the LD1, Llandrindod Wells

Explore the Latest LD1 Commercial Property for Sale

More details for South Cres, Llandrindod Wells - Hospitality for Sale

Glen Usk Hotel - South Cres

Llandrindod Wells, LD1 5DH

  • Hospitality for Sale
  • £850,000
  • 32,093 sq ft
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More details for Temple St, Llandrindod Wells - Office for Sale

The Exchange Fiveways - Temple St

Llandrindod Wells, LD1 5HG

  • Office for Sale
  • £140,000
  • 2,510 sq ft
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More details for Spa Rd, Llandrindod Wells - Retail for Sale

Spa Rd

Llandrindod Wells, LD1 5ER

  • Retail for Sale
  • £370,000
  • 1,478 sq ft

Llandrindod Wells Retail for Sale - Powys

Available for sale, guide price £370,000. Grade II Victorian landmark listed building with many interesting architectural features. This 6 bedroom, 4 storey, end of terrace property is situated just off the main shopping street of the historic spa town of Llandrindod Wells. EPC - TBC. Portland House is a Grade II Victorian landmark listed building currently comprising tearoom, owners’ accommodation & boutique bed & breakfast or “Airbnb”. Offering many interesting architectural features, this end of terrace, 4 storey, Grade II listed building with 6 bedrooms is situated just off the main shopping street of the historic spa town of Llandrindod Wells. The property benefits from views from the upper story windows over the town scape to the distant mid Wales hills. The property still retains many of the traditional Victorian characteristics such as well-proportioned rooms, high ceilings and many other period features of the era. The current owners operate a tearoom and restaurant from the ground floor and benefit from additional income by letting out boutique style en-suite bedrooms. There are many possible uses of this property by a new owner who could choose to run the tearoom and have extensive living accommodation on the upper floors, or perhaps “Airbnb” some of the bedrooms out. Briefly, the accommodation comprises on the ground floor: restaurant, kitchen, WC and two stores. The first floor has a lounge, dining room, kitchen, shower room and study. The second floor has 3 bedrooms (one with an en-suite) and a bathroom, while the top floor has three bedrooms; two with en-suite’s and one other bathroom. Outside to the right of the property is a drive which provides off road parking for several vehicles, a garage and access to the courtyard garden. Llandrindod town centre has a mix of small independent shops and benefits from that friendly spa town feel, the rest of the town has a range of eateries, public houses, doctor’s surgery, dentist, hospital with a small minor injury department, library, high school, primary schools, two supermarkets, leisure centre, golf course, train and bus stations and boating lake. The whole area around Llandrindod Wells is noted for its stunning scenery and the range of outdoor activities on offer. All furnishings available by separate negotiation. There are many possible uses of this property by a new owner who could choose to run the tearoom and have extensive living accommodation on the upper floors, or perhaps “Airbnb” some of the bedrooms out. Briefly, the accommodation comprises on the ground floor: restaurant, kitchen, WC and two stores. The first floor has a lounge, dining room, kitchen, shower room and study. The second floor has 3 bedrooms (one with an en-suite) and a bathroom, while the top floor has three bedrooms; two with en-suite’s and one other bathroom. Outside to the right of the property is a drive which provides off road parking for several vehicles, a garage and access to the courtyard garden. Llandrindod town centre has a mix of small independent shops and benefits from that friendly spa town feel, the rest of the town has a range of eateries, public houses, doctor’s surgery, dentist, hospital with a small minor injury department, library, high school, primary schools, two supermarkets, leisure centre, golf course, train and bus stations and boating lake. The whole area around Llandrindod Wells is noted for its stunning scenery and the range of outdoor activities on offer. All furnishings available by separate negotiation.

Contact:

McCartneys LLP

Property Subtype:

Shopfront Retail / Residential

Date on Market:

01/03/2024

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FAQs about Commercial Properties For Sale in LD1

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How many Commercial Property listings are available for sale in LD1?
There are currently 3 Commercial Properties available for sale near LD1. These LD1 Commercial Property listings have an average size of. The largest available listing in LD1 is. The thriving commercial centre and excellent transport links in LD1 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in LD1?
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 LD1 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in LD1?
There is a diverse range of commercial properties available in LD1 to suit various business needs. LD1 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 3 LD1 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 LD1, Llandrindod Wells

You searched for commercial property for sale in LD1. Explore 3 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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