1 bed Flat For Sale
£225,000
High Street, Welshpool, Powys, SY21
Description
A rare opportunity to acquire a Grade II Listed Town Centre property with a mixed commercial and residential use.
The property consists of a ground floor commercial premises, let as a Laundrette with Sui generis use. On the first and second floors, there are 4 one bedroom flats, all occupied with occupation contracts in place.
The current annual passing rent is £20,180 representing a yield of 8.96% on the asking price.
Rateable value for the commercial premises is currently set at £8,200.
Each flat is a Council Tax band 'A' and have valid Energy performance certificates with 'D' ratings.