Llanidloes is a town on the A470 and B4518 roads in Powys. The town is positioned in mid Wales, approximately 22.2km (35.8 miles) to the east of Aberystwyth.
Llanidloes has received significant interest in the press in recent years and has been voted one of the top three places to live in the country by the Royal Mail, one of the top ten places to live by the Sunday Times, with the Guardian also running a story about the town's popularity.
The property is located on Great Oak Street, at its south-eastern end on the junction with High Street. There are a number of local businesses in the immediate vicinity, with quality independent traders being the general theme within a typically Victorian street scene. Neighbouring occupiers include a whole-food cafe and an organic vegetable shop.
The property offers a retail space on the ground floor, with access through to a shared yard area and storage sheds. The ground floor allows access via a staircase to the upper floors.
The first floor provides a kitchen/ store room and bath room and the second floor provides an office and meeting room. We understand that previously the upper floors had been used as living accommodation.
Independently owned and established since 1981, the proprietors have built up a strong client base in the wider area and are well-supported. Operating with four part-time members of staff, the business has a strong turnover and a Gross Profit Margin of 25% for the financial year ending 2017.
The Freehold interest in the property is offered for sale together with the business, to include all fixtures and fittings, at an asking price of £128,000 (exclusive). Stock will be priced separately at the date of sale.
Rateable Value 2017/18 £2,125
Rates Payable: due to the government's current policy on rates relief, there are unlikely to be any rates to pay on the property.
Interested parties should make enquiries to the local authority.