Businesses spark interest in Mid Wales town voted one of the top places to live

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08 August 2018

Two retail properties in the same street in a mid Wales town have already sparked a great deal of interest – with one now under offer.

Llanidloes, on the busy A470, links Welshpool and Newtown with Aberystwyth and the Welsh coast and sees tens of thousands of people pass through every year.

The town has been voted one of the top three places to live by the Royal Mail and one of the top 10 towns in the country by The Sunday Times. Two properties, The Great Oak Bookshop and Natural Foods, both in Great Oak Street, are on the market with Halls Commercial Property.

James Evans, of Halls, said: “It is easy to see why Llanidloes is so popular as a place to live and we have seen a great deal of interest in both these properties in a relatively short space of time since they went on the market.

“The Great Oak Bookshop is now under offer and we are hopeful that will be completed soon, while Natural Foods is still available at the moment but we are not anticipating that to be the case for too much longer.

“Natural Foods is a great value freehold property and business – a popular and profitable health food shop. The business has been independently owned and built up since 1981.

“The present owners have built up a strong client base, a strong turnover and a gross profit margin of 25% for the financial year ending 2017.

“There is a ground floor, which is the retail space, first floor comprising of kitchen storeroom and bathroom and the second floor has an office and meeting room – the upper floors were once used as living accommodation.

“The two properties are close together and the book shop is also a popular and profitable enterprise. There is a first-floor flat and the building was once a weaving workshop.”

For more information contact James at Halls on [email protected] or call 01743 450715.

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