Summary - 15A, BROAD STREET SY21 7SD
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Freehold retail investment property in bustling Welshpool.
- Currently occupied by Coral Racing Limited, established tenant since 2007.
- Significant rental income of £18,500 p.a. with potential for upward rent review.
- Over 3,185 sq ft of space split across three floors (shop plus residential accommodation).
- Future development potential for residential use, pending consents.
- Excellent foot traffic location opposite Post Office and near popular retailers like Barclays and Costa Coffee.
**Summary:**
Discover an impressive investment opportunity in the heart of Welshpool with this freehold retail property, currently home to Coral Racing Limited. This well-established business has been a tenant since 2007, providing a solid rental income of £18,500 p.a. The property boasts a generous size of 3,185 sq ft, featuring a high street retail space on the ground floor and self-contained ancillary accommodation above, ideal for rental or future residential development, pending necessary consents.
Benefit from the thriving town center environment, with extensive pedestrian traffic and surrounding popular businesses enhancing visibility and customer access. While the property offers great potential for both rental investment and future renovations, note that the outstanding market rent review from June 2022 presents an additional opportunity for income growth. Whether you’re an investor or a visionary seeking a multi-use space, don’t miss out on this versatile property that embodies the charm of Georgian architecture with modern possibilities.
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