Summary - POWYS PROBATION SERVICE, STRAIGHT LINES HOUSE, NEW ROAD SY16 1BD
1 bed 1 bath Restaurant
Freehold two‑storey commercial building on circa 0.56 acre plot
Straight Lines House is a prominent freehold commercial site in Newtown occupying circa 0.56 acres with strong road frontage and generous private parking. The two‑storey brick-and-glass building presents immediate rental income from a national occupier on the ground floor (Domino’s Pizza), with upper floors currently vacant and ready for re‑let or conversion. Part of the site is also let to a hand car wash, adding to the income stream.
The plot’s size and town‑centre position create genuine redevelopment or mixed‑use potential (subject to planning consent). The property suits an investor or developer seeking a large, versatile asset with clear options: retain and relet, refurbish, or pursue a residential/commercial redevelopment scheme. Practical positives include excellent mobile signal, fast broadband and a No Flood Risk designation.
Buyers should note material local issues: the area is classified as very deprived and records very high crime levels, which may affect residential resale values and tenant profiles. Upper floors require refurbishment before occupation or conversion, and any change of use or major redevelopment will need local authority consents.
Offered as a freehold at £700,000, this is a substantial town‑centre parcel with immediate income and clear upside for the right investor or developer prepared to manage refurbishment and planning processes.
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