Property photos
Freehold
£360,000
(£43.26/sq. ft)
Retail premises for sale
16-17 Broad Street, Welshpool, Montgomeryshire SY218,322 sq. ft
Local area information
Property location
Nearby amenities
- Welshpool Church in Wales Primary School 0.2 miles
- Welshpool 0.4 miles
- Welshpool High School 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Area - welshpool
- Size - 8,322 sqft
- Local Amenities - National Trust - Powis Castle and Garden (0.2 miles), Tesco Superstore (0.2. Miles), Canal Wharf (0.3 miles)
- Property Type - freehold pharmacy investment
This prominent freehold investment comprises 773 sqm (8,322 sqft) spread across the ground floor and three upper floors. Ideally positioned in the thriving market town of Welshpool, the property is fully let to Boots, which has occupied the premises since 1932, reflecting its long-standing presence in the area.
Boots is currently on a five-year lease, which commenced in 2022, generating a rental income of £26,000 per annum, with the next rent review scheduled for 2027. The upper floors offer significant redevelopment potential, presenting an opportunity to enhance the property's value.
VAT is applicable to this property.
Boots is currently on a five-year lease, which commenced in 2022, generating a rental income of £26,000 per annum, with the next rent review scheduled for 2027. The upper floors offer significant redevelopment potential, presenting an opportunity to enhance the property's value.
VAT is applicable to this property.
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Whozoo. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Whozoo for full details and further information.