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Commercial for sale Shortbridge Street, Newtown

Asking price

£200,000

Added two days ago

Type: Commercial
Tenure: Freehold

Key features

• Retail Premises with Two Upper Floors
• Prominent location in centre of Newtown
• Grade II Listed Property
• Total Gross Internal Area 133 sq.m.
• Potential for conversion of 2nd Floor into Flat (Subject to relevant consents)
• Useful outside yard area
• Commercial EPC - D (83) Exp 02.12.2034
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About this property

A Grade II Listed 3 Storey Retail Premises comprising ground floor shop with first and second floor accommodation. The property is prominently situated in a corner position on Shortbridge Street close to the junction with Market Street in the established market town and administrative centre of Newtown within the County of Powys. The ground floor is currently retailing as a China, Glass & Gift Shop and has done so for over 30 years.

Council tax

Ask agent

Location

Shortbridge Street, Newtown

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Mortgage and stamp duty

Property price £200,000

£100k £300k

Deposit10% £20,000

£0 £200k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £180,000 mortgage. Most lenders would want a household income of about £40,000 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.