Investment in Welshpool
Cooper Green Pooks (Commercial Property Consultants) are pleased to report the investment sale of 7-8 Broad Street, Welshpool, SY21 7RZ, to a pension fund.
The property located in Welshpool Town Centre comprises two separate self-contained retail units to the prime retail frontage of Broad Street, with offices and storage to the rear and two floors above. The two units are occupied by established professional services firms; McCartneys and Emrys Jones & Co Solicitors, with the premises offering a total of 2,617 sq ft generating a rental income of £26,250 per annum.
Alessio Dyfnallt, Commercial Director at Cooper Green Pooks, “during 2019, there has been a slowdown in the number of retail investments coming to the market. However, this sale demonstrates that, with sensible pricing, buyers and sellers can achieve a good result. With the perception that retail is suffering, albeit much unfounded, this investment offered the opportunity to buy a prime High Street property but occupied by professional service users. McCartneys and Emrys Jones & Co Solicitors are well established in Welshpool and will continue to trade as normal.”
For further information contact Alessio Dyfnallt at Cooper Green Pooks firstname.lastname@example.org