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No longer on the market

This property is no longer on the market

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Retail property (high street)

Retail property (high street)
582
Added > 14 days

Features and description

  • Shop 1 (Former Corals unit) Ground floor sales area
  • Shop 1 - Total Net Floor Area of approximately 1,427 ft sq (132.56 m sq) with ancillary accommodation
  • Shop 2 (Former Club Sports unit) Ground floor sales area
  • Shop 2 - Total Net Floor Area of approximately 582 ft sq (54.06 m sq) and upper floors
  • Prominently located in the centre of the town of Newtown
  • Prime retail street of Broad Street
  • There are 2 two bedroomed flats that can be let by separate negotiation
Description
The property comprises of a property that is currently separated into two lock up shop units but could be let as a whole that fronts onto Broad Street. The property is arranged as two shop units currently and they can be let separately.

The Former Corals shop unit is arranged to provide a ground floor lock up shop unit with a Total Net Internal Sales Area of approximately 1,427 ft sq (132.56 m sq) with ancillary toilet and staffroom facilities and stores. The shop unit is accessed directly from Broad Street and there is also access from Severn Street.
The Former Club Sports unit is arranged as a lock up shop unit over two floors with a Total Net Internal Sales Area of approximately 582 ft sq (54.06 m sq) with a first floor providing stores with a Total Net Internal Floor Area of approximately 678 ft sq (63.66 m sq) and a toilet. The shop unit is accessed directly from Broad Street.

The two shop units were originally one shop unit and they could be adapted to create one retail lock up shop unit.

There is available for letting by separate negotiation 2 two bed residential flats in the property ownership.

Location
The property is located fronting onto Broad Street in the town centre of Newtown. The property is prominently located and Broad Street serves as the prime retail location in the town. The property is located within proximity of all local amenities and in proximity of a variety of public car parks. The property is located in close proximity with the junction of Severn Street from Broad Street.

Newtown is an established market town and administrative centre with a significant catchment area , which is located approximately 33 miles south west of Shrewsbury and approximately 13 miles west of the town of Welshpool. The town benefits from a new bypass. The town is situated on the River Severn at the junction of the A489 and the A483.

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About this agent

Halls - Commercial Property
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield Shrewsbury, Shropshire SY4 3DR
01743 534860
Full profileProperty listings
Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. Agency Services Our commercial agency team are on hand to offer friendly advice and market appraisals, helping you buy and sell commercial property throughout Shropshire, Worcestershire, Mid Wales, the West Midlands and beyond. We advise investors and developers on selling and acquiring commercial property, while also assisting with the acquisition of new premises or disposing of unwanted space. From offices and retail to industrial and leisure-based properties, we can guide you through the sale of all types of commercial property. Offering advice at every stage, we will help you find the best route to market and give you advice on how to attract the right buyers. We can also give guidance on development land, whether owner occupied or held as an investment. With strong links to buyers, our skilled and knowledgeable team are on hand to advise from start to finish. This includes guidance on any works required prior to sale, including applications for planning consent, refurbishment programmes and tenant disputes. Management Services Offering a strategic approach, we always have your future needs in mind. Whether you’re an experienced landlord or a one-off investor, we understand that your priority is to increase the value of your investment while minimising void periods and building a strong tenant profile. Working closely with our in-house marketing and PR team, we have a comprehensive tenant vetting process to help minimise your risks. If you’re looking to expand your commercial property portfolio, we will take the time needed to gain a full understanding of your needs and match you with properties suited to your business requirements within your timescales. Professional Property Services Halls Commercial is a team of RICS Registered Valuers with professional indemnity insurance cover of £10 million. As you would expect we are on the valuation panels of most of the major banks including Barclays, Lloyds, Royal Bank of Scotland, HSBC, NatWest, Handelsbanken, and Clydesdale. Our experienced team of valuers operates in accordance with RICS Valuation Standards (Red Book), International Financial Reporting Standards (IFRS) and UK GAAP and alongside the years of experience across our Commercial team, our valuations are backed by the latest valuation and appraisal software.
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