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Property for sale

Newtown, Powys, SY16
Sold STC
Property
Added > 14 days

Features and description

  • Tenure: Freehold
  • Town Centre Development Opportunity
  • Consisting of converting existing Offices to 5 Residential Apartments
  • 3 Two Bedroom & 2 One Bedroom Apartments
  • 125 Year Lease
  • Planning Ref: 24/0502/FUL
  • Existing EPC D (82) Exp 24.08.2031
Development opportunity within the Bear Lanes Shopping Centre to converting existing office space into five residential apartments over two floors.
The development has received full planning approval from Powys County Council (Ref: 24/0502/FUL).
The development is to be sold with a lease of 125 years from the completion date of the sale.

The accommodation will comprise of Entrance off of Broad Street with staircase leading to the first and second floor.
The first floor will comprise of 2 x Two Bedroom Residential Apartments, both benefit from Open Plan Living/Kitchen/DiningRooms.
The first floor will also retain a Manager’s Office for the shopping centre below.
The second floor will benefit from three residential apartments.
1 x Two Bedroom Apartment with Kitchen/Living/Dining Room.
2 x One Bedroom Apartments with Kitchen/Living/Dining Room.

Existing and proposed floorplans as well as the planning permission are available from the Selling Agents.

TENURE
To be sold on a 125 year lease from completion of contracts. Further details to be discussed between the buyer and vendor.

Property information from this agent

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About this agent

Morris Marshall & Poole - Newtown
Morris Marshall & Poole - Newtown
10 Broad Street Newtown SY16 2LZ
01686 639057
Full profileProperty listings
MMP (Morris, Marshall and Poole) have been estate agents and chartered property surveyors in the region since 1862, with an unrivalled reputation for integrity and professionalism. Our residential, commercial and agricultural land and property teams are based at eight offices in Shrewsbury, Newtown, Llanidloes, Welshpool, Oswestry, Aberystwyth, Tywyn and Machynlleth. We have Mid Wales and Shropshire covered.  When it comes to buying or selling a house or commercial property in Mid Wales and Shropshire you need to ensure you are working with experts who know the area and property market well.
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