A historic four-storey Grade II Listed building in Newtown, which features a striking clock tower is being offered For Sale by Towler Shaw Roberts.
This landmark and iconic property at 1-3 Cross Street, built in 1898 is arranged over three floors with basement and extends in total to 8,186 sq ft and having the benefit of a prominent display frontage to the main central retail area of the town.
Built by Birmingham firm Wood and Kendrick in the Dutch Renaissance style, the property was originally commissioned as an office building for Sarah Brisco of Newtown Hall, with its distinctive corner tower constructed to commemorate Queen Victoria’s Diamond Jubilee.
In more recent years, the ground and first floors had been occupied by Barclays Bank until the closure of its Newtown branch, while a separate retail unit was previously let to a local business.
Partner Toby Shaw, who is handling the sale of the property commented: “The attractive property occupies a highly prominent and sought after location within the centre of Newtown and offers an attractive conversion / investment opportunity both for owner occupation and developers. The second floor has already been converted to provide four self-contained apartments with planning permission also granted for a further four apartments on the first floor.
“Iconic properties of this type rarely come to the market and we anticipate a good level of interest from a wide range of potential purchasers.”
Offers in the region of £495,000 are invited for the freehold interest with the benefit of vacant possession.
For more details of the property, contact Towler Shaw Roberts on (01743) 243900.