2 bedroom terraced house for sale

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2 bedroom terraced house for sale

High Street, Welshpool, Powys, SY21
£150,000

Our Summary

  • 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 is scope to have a greater return from this element of the building

Description

9-10 High Street is a Grade II Listed 15th Century building with a black and white chequered facade, comprising a half-timbered, brick, and stone construction beneath a pitched tiled roof. The property has a longstanding tenant in the retail space, who has been in occupation since 2010 and desires to continue with a passing rent of over £6,000 per annum. The versatile layout provides for sectional areas of retail space with scope for alternative uses, as well as a kitchenette, cloakroom, and first-floor storage space. The duplex apartment, independently accessed, offers characterful accommodation over first and second floor levels, with exposed timbers, a bathroom, and two bedrooms. The apartment is currently let on an Assured Shorthold Tenancy, generating an annual income of £4,560 per annum, with potential for increased returns. The sale of the property with its mixed uses would be a valuable addition to an investment portfolio or a standalone pension opportunity.
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