Welshpool welcomes Costa Coffee

Cooper Green Pooks, Commercial Property Consultants of Shrewsbury, report the sale of 3-4 Broad Street, Welshpool, SY21 7RZ to Larentia Land Ltd who trade as Costa Coffee.

UK’s largest and fastest growing coffee house chain, Costa has opened at the former Pinewood Cafe building in the town centre creating six jobs.

Area Manager, Brice Perdereau, for Costa Coffee franchisees Larentia who run the Welshpool and Newtown branches, said: “We’ve had a lot of interest and people coming in from the moment we opened. At the moment we’ve decided to open on weekdays from 7am to 6.30pm, but some of the people who’ve already been have suggested that we open at 6.30am so that people who go to work early can pop in.”

3-4 Broad Street is prominently located on the main shopping area of Welshpool. The property comprises a 3 storey Grade II Listed town centre retail unit with vacant upper parts. The accommodation is currently arranged as a cafe and bakery on the ground floor with the first and second floors being considered suitable for commercial or residential conversion. With a sales area of 130.81 sq m (1,408 sq ft) and kitchen area of 27.45 sq m (295 sq ft) it was offered for sale at an asking price of £260,000

Alessio Dyfnallt, Commercial Director at Cooper Green Pooks, who handled the letting, said “We are delighted to have completed this sale to such a high profile brand. Broad Street provides good customer footfall with other well-known retailers nearby and Costa will no doubt thrive in this busy market town. With its proximity to the Border Counties, good transport links to Oswestry and Shrewsbury and a busy livestock market the town attracts many visitors and regular shoppers. We are now offering the Pinewood Tavern next door for sale and expect good interest in the property.”