• terraced house
  • bedrooms

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Property description

9-10 High Street is an imposing Grade II Listed 15th Century building of half-timbered, brick and stone construction beneath a pitched tiled roof with a later single storey rear retail space at the rear. The property has an attractive black and white chequered facade in keeping with that of the neighbouring property. The longstanding tenant of the retail space has been in occupation since 2010 and has a desire to continue with a passing rent in excess of £6,000 per annum. The versatile layout provides for sectional areas of retail space which also has scope for alternative uses, with the building having previous traded as a tea room, frame work studio and various other enterprises during its time. There are various storage areas together with a Kitchenette and Cloakroom and a first floor storage space above. There is an attractive garden area to the rear, which could be used in conjunction with the retail space or the accommodation above.

The duplex apartment is independently accessed and provides for characterful accommodation over first and second floor levels, including a Kitchen and Living Area with exposed timbers, together with a Bathroom and 2 Bedrooms, all of which have improved electric heating in the form of modern storage heaters.

The apartment is currently let on an Assured Shorthold Tenancy with an annual income of £4,560 per annum. There is scope to have a greater return from this element of the building.

The sale of the property with its mixed uses would be a sound addition to a current investment portfolio or those seeking a stand-alone pension opportunity.
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First listed

2 weeks ago

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2 bedroom terraced house for sale - document

Powys, SY21

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Morris Marshall & Poole - Welshpool 28 Broad Street Welshpool SY21 7RW Contact agent

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