Restaurant/cafe for sale in Park Street, Newtown SY16
£30,000 (£30,000/sq. ft)
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Call +44 1981 286951 *
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Newtown is a busy Mid Wales Tourist, Commercial and Market Town at the junction of the A489 and A483 trunk routes standing astride the River Severn. Shrewsbury and the A5 dual carriageway linking the M54 are approximately 35 miles distant. Newtown is the most densely populated town on the Mid Wales border with a population of approximately 13,000 and grew as a major inland port due to the River Severn and the Montgomery Canal (which terminated here) linking the Llangollen Canal and the North-West. It was renowned as being the centre of the wool, flannel and textile industry in Mid Wales and is still today the home of the Welsh Wool Boards main depot/offices.
La Terrazza (originally the Cross Guns Pub) is a substantial Georgian style property dating back to 1822 being sympathetically developed by our client during his period of ownership and is now a popular and well established Italian Restaurant with letting bedrooms and a separate function suite. The property stands in a good plot and does offer scope for development particularly additional construction to the rear as there is a separate vehicular access.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
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