Summary - 145 Broad Street, Newtown, Powys, Mid Wales, SY16 SY16 2NA
10 bed 1 bath Commercial Property
**Standout Features:**
- Prime location on Broad Street in Newtown, Powys
- Ground floor retail unit currently leased to Betfred
- Additional separate rear unit generating bed & breakfast/hostel income
- First and second floors feature 10 en suite bedrooms
- Gross rental income of £38,000 per annum, showing an 8% return
- Freehold tenure with high foot traffic and local amenities
**Concise Summary:**
Discover a lucrative commercial investment opportunity in the heart of Newtown, Powys. This charming Victorian property consists of a ground floor retail space leased to Betfred, alongside a well-utilized rear unit currently serving as bed & breakfast/hostel accommodation. The upper levels house 10 en suite bedrooms, catering to both short-term travelers and long-term guests, creating a diversified income stream. With a gross rent of £38,000 per annum, this property offers a strong 8% yield, making it ideal for investors seeking high-return opportunities.
Positioned in a bustling area close to essential services, shops, and tourist attractions, this property invites exploration and development potential within a conservation zone. While the surrounding area may have a high crime rate, the property's busy location and existing contractual agreements assure a continuous flow of customers and guests. With prime street visibility and room for future enhancement, this is an opportunity not to be overlooked. Don't miss the chance to secure a valuable asset in Newtown while it lasts!
High street retail property for sale in 24 High Street, Newtown, SY16 2NP, SY16 — £250,000 • 1 bed • 1 bath • 3275 ft²
Commercial property for sale in Bryn Street, Newtown, Powys, SY16 — £128,000 • 1 bed • 1 bath • 1623 ft²
Commercial property for sale in Broad Street, Newtown, Powys, SY16 — £250,000 • 1 bed • 1 bath • 350 ft²
Mixed use property for sale in 9 Severn Street, Newtown, Powys, Mid Wales, SY16 — £200,000 • 1 bed • 1 bath • 1559 ft²
High street retail property for sale in The Business Centre, Gas Street, Newtown, SY16 2AD, SY16 — £250,000 • 1 bed • 1 bath • 2068 ft²
3 bedroom end of terrace house for sale in Bryn Street, Newtown, Powys, SY16 — £128,000 • 3 bed • 1 bath • 1623 ft²
