Established mixed-use building with conversion consent and immediate rental income potential.
Mixed-use Victorian end-terrace on corner plot
A rare mixed-use investment in Newtown town centre with long-standing trading history and conversion potential. The ground-floor retail (42 sq.m) is equipped with fixtures and a rear store, cellar with services, and has Full Planning Permission and Listed Building Consent to convert into a two-bedroom apartment (Refs: 23/1595/LBC, 23/1594/FUL). Two self-contained flats occupy the upper floors, each with gas heating (first-floor), kitchen, living room and bathroom; a communal external staircase leads to a shared roof terrace.
This Victorian end-terrace sits on a corner plot, offering street frontage and potential footfall for retail or future residential uplift after conversion. The property totals approximately 1,623 sq ft and currently combines income-producing accommodation with immediate trading potential — the existing business has operated for over 40 years and the shop can remain operational on completion if required.
Important constraints are clear and material: the building is listed, which may restrict alterations and add consenting complexity; the shop has relatively low ceilings and basic fittings; parking is on-street only. The area scores as very deprived and the wider classification indicates hampered aspiration, factors investors should factor into rental and resale assumptions. EPC ratings are D for shop (90) and D for both flats (67/68), valid to 27.03.2032.
Overall, this property suits a buyer wanting an income-producing asset with near-term conversion upside or a small developer prepared to manage listed-building requirements. Expect some renovation and listed-consent complexity, balanced against town-centre location, delivery-ready planning permission, and established trading income.
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