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Commercial for sale Shortbridge Street, Newtown

Asking price

£180,000

Added two days ago

Type: Commercial
Tenure: Freehold

Key features

• Town Centre Commercial Property
• Formerly the Owen’s Travel Master building
• Accommodation over three floors
• Offering excellent opportunity for businesses seeking prominent town centre location
• Situated close to the bus station & train station
• Reception Room & Store Room
• First Floor 2 Offices, Kitchenette, WC
• Second Floor 3 Spacious Offices, Separate WCs
• Commercial EPC - TBC
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About this property

An opportunity to acquire a Town Centre Commercial Property in the popular market town of Newtown. Newtown is the largest town in Powys and sits approximately 30 miles from Shrewsbury and 40 miles from Aberystwyth. Formerly the Owen’s Travel Master building which is situated within close proximity of the bus station, train station which leads directly to Birmingham New Street and many popular businesses.

Floorplan

Council tax

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Location

Shortbridge Street, Newtown

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Mortgage and stamp duty

Property price £180,000

£90k £270k

Deposit10% £18,000

£0 £180k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £162,000 mortgage. Most lenders would want a household income of about £36,000 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.