Market Street, Newtown, Powys, SY16

£14,000pa

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Commercial Property for rent in Powys

Town Centre Retail Opportunity
Acquiring an existing lease
lLarge Ground Floor Retail Space
Storage, Preparation & Office Space Spanning Over Three Floors
Detached Cold Store to the rear
Potential sale as going concern
EPC - D (80)

An opportunity to acquire an existing lease, expiring in July 2026 benefitting from a town centre setting opposite the entrance to the recently refurbished Market Hall.
Spanning over three floors with additional Detached Storage Room, the property has been successfully run by the current Tenant for a number of years, offering a prime opportunity for continuation in the Butcher trade or for an alternative use subject to the relevant permissions.
The accommodation comprises of:
Street fronting Retail Area with Storage Room and Cold Store located to the rear of the property.
Cellar/Lower Ground Floor with access to the rear courtyard, currently utilised as preparation space, storage and an office spanning the length of the building.
Part of the First Floor is utilised for further food preparation and is independent from the remainder of the building.
Following a 30 year span trading in the business, the current tenant is open to discussion on selling the business as a going concern, to be negotiated separately from the lease.

SERVICES
Mains electricity, water and drainage.

BUSINESS RATES
Rateable Value £11,250 (April 2023)

The property fronts Market Street with pedestrian access and one-way road.
Gated entrance to a shared rear-courtyard providing access to the two flats within the building.
Access to the Detached Storage Room, complete with Cold Store.

Important information

Property Ref: 78564951_NEW240074_L

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