2 bed terraced house for sale

Parkers Lane, Newtown, Powys SY16

Located at 17 Parkers Lane in the vibrant heart of a popular Powys market town, this charming Grade II Listed Restaurant formerly known as The Granary offers a rare opportunity to take over a fully equipped hospitality space that blends character, convenience, and community appeal.
Positioned within walking distance of the train station and surrounded by thriving shops and local businesses, the property enjoys excellent visibility and foot traffic, making it an ideal setting for a successful food and drink venture.

The restaurant interior is thoughtfully arranged to accommodate up to 38 guests, with a warm and inviting Dining Area that includes tables, chairs, and a well-positioned bar.
The Bar is equipped with an under-counter drinks fridge and a dedicated cutlery and napkin unit, providing a functional and stylish space for service.
Kitchen is fully fitted for professional use, featuring stainless-steel work benches, a 4-burner hob/oven, electric oven, griddle, fridge, freezer, and a walk-in Cold Room.
Supporting areas include a Wet Room with a commercial dishwasher and double sink, Separate Prep Room with additional freezers, fridge, washing machine, ice maker, microwave, and ample shelving and bench space.
The infrastructure also includes a robust extraction system, fire alarm, boiler, outdoor cabin, and a rear fire escape.
Above the restaurant, the first floor offers comfortable Living Accommodation with two spacious Bedrooms, Snug, and Shower Room with WC and washbasin.
Business insurance

£2,069.40 per annum for 2025/2026
(combined rent and business insurance: £1,339.11 paid monthly in advance).
Business rates

Rateable Value: £3,351 per annum 2025/2026
Fixtures & fittings

£2,500
The extraction system, boiler, fire alarm system, cold room, outdoor cabin and fire escape remain “The fabric of the building”; however, the tenant is responsible for the maintenance, repair and annual servicing as required.

The extraction system and fire alarm system are due a service.
The boiler service is due in December 2025.
An allowance has been made in the asking price of the fixtures and fittings to accommodate this.
Lease

Five year lease with thre year rent review.
Guarantor required for the lease.

Outside Courtyard Area