Summary - Boots the Chemists Ltd,16-17 Broad Street,WELSHPOOL,SY21 7SD SY21 7SD
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- **Freehold Investment**: Fully let to Boots Pharmacy since 1932.
- **Spacious Layout**: Total area of 8,322 sqft across four levels.
- **Prime Location**: Situated in the heart of bustling Welshpool, just moments from local amenities including Tesco and Powis Castle.
- **Redevelopment Potential**: Significant opportunity for future renovations or conversion of upper floors.
- **Strong Rental Income**: Currently generating £26,000 per annum with a lease running until 2027.
**Summary:**
Discover a remarkable investment opportunity in this prominent freehold pharmacy property located at 16-17 Broad Street, Welshpool—a thriving market town with a rich historical backdrop. Spanning an impressive 8,322 sqft, this Georgian-style building features a spacious retail area on the ground floor, fully occupied by Boots, and offers various options for the upper levels that could be transformed into additional office space or storage.
With a dependable rental income of £26,000 per annum and a lease secured until 2027, this property is poised for revenue stability while providing you the flexibility to explore redevelopment options that can significantly enhance its value. Set within a bustling commercial area with excellent foot traffic and access to a plethora of local amenities and community services, this property not only serves as a solid investment asset but also as part of a vibrant community.
Be part of Welshpool's evolution and seize this opportunity before it's gone—properties of this caliber and potential are hard to come by!
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