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Commercial for sale Off High Street, Llanidloes

Asking price

£245,000

Added two days ago

Type: Commercial
Tenure: Ask agent

Key features

• Redevelopment Opportunity of 7 Residential Units & 1 Commercial Unit
• Grade II Former Woollen Mill together with Function Room (built in 1960s)
• Situated in the centre of Llanidloes adjacent to the Carpark
• Planning Permission to convert Mill to a Dwelling & 3 Flats, GF D1 use, 3 New Dwellings
• Commercial EPC - B (27) Exp 09.10.2032

About this property

Interesting opportunity to purchase The Function Room with bar and adjoining attached former stone Woollen Mill building with planning permisison for a house and 3 flats and commercial D1 use, demolition of Function Room for a terrace of 3 houses. Situated just off the main high street, located adjacent to the towns car park. Llanidloes has a range of cafes, shops and amenities together with popular tourist attractions such as the Clywedog Reservoir and Hafren Forest, the coast university town of Aberystwyth some 32 miles away.

Floorplan

Council tax

Ask agent

Location

Off High Street, Llanidloes

Open map Street View

Mortgage and stamp duty

Property price £245,000

£122k £368k

Deposit10% £25,000

£0 £245k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £220,000 mortgage. Most lenders would want a household income of about £49,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.