This distinctive Victorian property is situated in a prime retail area of Rhayader, a vibrant market town known for its appeal to both tourists and locals. Spanning three floors, the spacious interior offers numerous possibilities for refurbishment, whether for commercial use or as a charming family residence, pending necessary planning permissions. Currently tenanted until June 2027, this building presents an interesting investment opportunity with potential for future development.
The ground floor greets visitors with original Victorian floor tiles and comprises a double fronted retail space complete with a counter area, alongside a large room that benefits from natural light thanks to a window overlooking the rear yard. A well-structured inner hallway leads to essential facilities including a cloakroom and storage room.
Upstairs on the first floor, a galleried landing connects multiple spacious rooms featuring bay windows and original fireplaces, ideal for conversion into inviting living spaces or offices. The kitchen retains its 1970s charm but could greatly benefit from modernisation, while access to a balcony offers pleasant views of the garden below.
The second floor provides even more versatility with four additional rooms that hold potential as bedrooms or studios. Outside, the tranquil garden is a noteworthy feature, showcasing level lawns and mature trees – an attractive space that could enhance any residential project.
With pedestrian access rights allowing entry to the rear garden from West Street, further enhancement of this outdoor space could improve aesthetics and functionality. This property is truly ripe for innovative renovation, making it an excellent choice for investors looking to realise its full potential in this scenic part of Wales.
