- Investment Opportunity +
- Mixed use with Retail & Two Residential Flats +
- Close to the town centre +
- Existing business trading for over 40 years +
- Full Planning Permission +
- Retail Store 42 sq.m with fixtures & fitting included +
- EPCs: Shop: D (90), Flat 2A: D (68), Top Floor Flat: D(67) +
- EPCs Valid to 27.03.2032 +
An excellent investment opportunity to acquire a mixed use property in Newtown town centre.
The property is currently set into part retail and part residential with two flats on the first and second floor.
Formally run as a commercial premise the ground floor benefits from Full Planning Permission and Listed Building Consent to convert the existing retail store into a Two Bedroom Apartment (Planning Reference: 23/1595/LBC and 23/1594/FUL).
The property currently comprises:
Retail Store 42 sq.m, currently operated under the A1 use class and comes complete with the fixtures and fittings in place and be in an operational position post completion.
The ground floor further benefits from a spacious rear Store Room comprising stainless steel sink, base units and worktop.
Steps down to the Cellar:
Spacious Cellar spanning the length of the property with electricity and plumbing.
Spacious toilet facilities.
The cellar is currently used for additional storage.
THE FLATS:
External staircase leading to a communal rooftop terrace. External doorway leading into a communal hallway. Entrance into Flat One and staircase to Flat Two.
FIRST FLOOR PLAT:
Spacious One Bedroom Flat complete with gas central heating. Living Room, Fitted Kitchen with electric oven and hob, good-size double Bedroom and Bathroom, with shower over bath.
Staircase leading to the second floor.
SECOND FLOOR PLAT:
Spacious Living Room with open fire place.
Fitted Kitchen with electric oven.
Double Bedroom and Bathroom with shower over the bath.
ENERGY PERFORMANCE CERTIFICATE RATINGS: Shop: D (90)
Flat 2A: D (68)
Top Floor Flat: D(67)
External staircase leading to communal roof terrace shared by both flats. On street parking.
Please note a charge of £36 per person will be applied to cover mandatory Anti-Money Laundering checks for Buyers