16-17 Broad St 8,322 SF Retail Building Welshpool SY21 7SD £380,000 (£45.66/SF)
INVESTMENT HIGHLIGHTS
- Large glazed frontage.
- Great footfall area.
- Ideally positioned in the thriving market town of Welshpool.
EXECUTIVE SUMMARY
Offers invited £380,000
Boots is currently on a five-year lease, which commenced in 2022, generating a rental income of £26,000 per annum, with the next rent review scheduled for 2027. The upper
floors offer significant redevelopment potential, presenting an opportunity to enhance the property's value.
Boots is currently on a five-year lease, which commenced in 2022, generating a rental income of £26,000 per annum, with the next rent review scheduled for 2027. The upper
floors offer significant redevelopment potential, presenting an opportunity to enhance the property's value.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
8,322 SF
Building Class
B
Year Built
1980
Price
£380,000
Price Per SF
£45.66
Tenancy
Single
Number of Floors
5
Building FAR
1.08
Lot Size
0.18 AC
Frontage
53 ft on Broad Street
AMENITIES
- 24 Hour Access
1 of 1
NEARBY MAJOR RETAILERS
CONTACTS
-
Laura Snook -
Nathan King -
Whozoo
