A exciting opportunity to acquire a portfolio of commercial and residential properties in Welshpool Town Centre which comprise of a retail unit on Broad Street, two retail units on Hopkins Passage and two maisonettes accessed from Hopkins Passage. The commercial properties are let on Landlord & Tenant Act tenancies and one maisonette is let on an Assured Shorthold Tenancy. The second maisonette is in need of complete renovation.
The properties generate an income of £14,752 per annum which could be further increased by renovation of the maisonette 12a Hopkins Passage.
A exciting opportunity to acquire a portfolio of commercial and residential properties in Welshpool Town Centre which comprise of a retail unit on Broad Street, two retail units on Hopkins Passage and two maisonettes accessed from Hopkins Passage. The commercial properties are let on Landlord & Tenant Act tenancies and one maisonette is let on an Assured Shorthold Tenancy. The second maisonette is in need of complete renovation.
The properties generate an income of £14,752 per annum which could be further increased by renovation of the maisonette 12a Hopkins Passage.
13 Broad Street - Retail Unit extending to 26m2 (approx.) let on a 2 year lease to the Groom Room
13a Hopkins Passage - 2 bed maisonette let on an Assured Shorthold Tenancy
13b Hopkins Passage - Retail Unit extending to 23m2 (approx.) let on a 1 year lease to The Owl and Broomstick
13c Hopkins Passage - Retail Unit extending to 10m2 (approx.) let on a 1 year lease to Vintage Style
12a Hopkins Passage - 2 bedroom maisonette requiring complete renovation. Currently vacant.
Please contact the Selling agent for full lease details.