House For Sale £120,000
Main features:
Freehold investment property.
Modern ground floor retail unit.
56.80 sq mt (611 sq ft)
(currently let & income producing).
First floor flat.
Lounge. Kitchen. Two bedrooms. Bathroom
(currently vacant).
Description location & directions; Barbara Rees Commercial is pleased to offer for sale this freehold investment property comprising a ground floor retail unit and a self contained residential flat to the upper parts.
The property has direct access off Commercial Street, which enjoys healthy demand, serving the needs of the immediately surrounding and densely populated residential housing in Tynant and Beddau.
Commercial street is represented by a mix of retail shops, some offices, fast food outlets and a larger Co Op Store.
Tynant is situated at Beddau, approximately a mile off the A473 between Pontypridd and Llantrisant (see map inlay below for local directions).
Viewing; Accompanied viewing only, by prior appointment via our Tonypandy office.
Gross frontage; 5.18m (17 ft) front forecourt, modern upvcdg shop front with display window and customer access, separate entrance to the flat.
Ground floor unit; 56.80 sq mt (611 sq ft), retail user, currently let to an established dog groomers producing an annual rent of £ 6,600 p/a.
Upper parts; 51sq mt (549 sq ft) Self contained flat comprising a hallway, a lounge / diner, kitchen, two bedrooms, a bathroom and gch with a combination boiler (not tested). The flat is currently vacant but capable of producing circa £500 per month rent, see also general notes.
Exterior; Rear yard / compound / lane access.
Tenancy; The property is to be sold subject to, and with the benefit of, the existing shop tenancy.
User; Believed to fall within use class A1 Retail & C3 Residential (1987 planning act use class orders, Wales as amended).
Rates & council tax; rv = £ 4,425 extract from the 2017 rating list (ground floor shop). Band A (first floor flat).
Energy rating; Ground floor shop unit F=146. First floor flat (awaited).
Asking price; £120,000.
Commercial mortgage; Please call to discuss.
General notes; Any information contained herein should be verified by prospective purchasers or their advisors prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain both personal and residence identification from all purchasers / ingoing tenants where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. Barbara Rees is advised that the property is of freehold tenure and has the benefit of all mains services, although this and the adequacy and condition of any and all equipment / fixtures and fittings / inventory items, should be confirmed by the prospective purchaser / tenant, or via the acting solicitors. The shop tenant currently occupies the property via an informal tenancy and would like to remain. The vacant flat requires some upgrading and will remain vacant to complete the sale.
Freehold investment property.
Modern ground floor retail unit.
56.80 sq mt (611 sq ft)
(currently let & income producing).
First floor flat.
Lounge. Kitchen. Two bedrooms. Bathroom
(currently vacant).
Description location & directions; Barbara Rees Commercial is pleased to offer for sale this freehold investment property comprising a ground floor retail unit and a self contained residential flat to the upper parts.
The property has direct access off Commercial Street, which enjoys healthy demand, serving the needs of the immediately surrounding and densely populated residential housing in Tynant and Beddau.
Commercial street is represented by a mix of retail shops, some offices, fast food outlets and a larger Co Op Store.
Tynant is situated at Beddau, approximately a mile off the A473 between Pontypridd and Llantrisant (see map inlay below for local directions).
Viewing; Accompanied viewing only, by prior appointment via our Tonypandy office.
Gross frontage; 5.18m (17 ft) front forecourt, modern upvcdg shop front with display window and customer access, separate entrance to the flat.
Ground floor unit; 56.80 sq mt (611 sq ft), retail user, currently let to an established dog groomers producing an annual rent of £ 6,600 p/a.
Upper parts; 51sq mt (549 sq ft) Self contained flat comprising a hallway, a lounge / diner, kitchen, two bedrooms, a bathroom and gch with a combination boiler (not tested). The flat is currently vacant but capable of producing circa £500 per month rent, see also general notes.
Exterior; Rear yard / compound / lane access.
Tenancy; The property is to be sold subject to, and with the benefit of, the existing shop tenancy.
User; Believed to fall within use class A1 Retail & C3 Residential (1987 planning act use class orders, Wales as amended).
Rates & council tax; rv = £ 4,425 extract from the 2017 rating list (ground floor shop). Band A (first floor flat).
Energy rating; Ground floor shop unit F=146. First floor flat (awaited).
Asking price; £120,000.
Commercial mortgage; Please call to discuss.
General notes; Any information contained herein should be verified by prospective purchasers or their advisors prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain both personal and residence identification from all purchasers / ingoing tenants where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. Barbara Rees is advised that the property is of freehold tenure and has the benefit of all mains services, although this and the adequacy and condition of any and all equipment / fixtures and fittings / inventory items, should be confirmed by the prospective purchaser / tenant, or via the acting solicitors. The shop tenant currently occupies the property via an informal tenancy and would like to remain. The vacant flat requires some upgrading and will remain vacant to complete the sale.
