Property Information
Address:
25 High Street, Brecon, Powys
, LD3 7LA
, Powys
, United Kingdom
Price: Sale Price: £375,000
Size: 4197 sq ft390 sqm
Primary Category: Commercial Property
All Categories:
Property Ref/Movehut: MH669537
Property Ref/Agent: 100012307
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: April 26, 2024
Property description
Attractive investment opportunity offering secure income on ground floor and opportunity to add value on upper floors
The property is Grade II Listed
Located in Brecon town centre, an affluent and quaint market town in the county of Powys, with links
to both the A40 and A470
Comprises ground floor retail unit with former hotel rooms on the upper floors
Ground floor let to Specsavers until September 2031 subject to a rent review and tenant break
option in October 2026
Tenant renewed their lease in 2021
Current rent of £21,500 per annum
First and second floors previously used as hotel accommodation, now vacant offering the opportunity to add value by refurbishing or redeveloping the upper floors for a variety of uses (subject to planning)
We are instructed to seek offers in excess of £375,000 subject to contract and exclusive of VAT.
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