For sale by online auction - Commercial & Residential Investment
Bidding opens: 07/09/2021 12:00
Auction scheduled to end: 09/09/2021 17:52
online auction from 7th september-9th September
An opportunity to acquire two shops and a spacious first floor flat located on one of the main retail thoroughfares in Tredegar.
The two shop units are both occupied with long term tenants and occupies a prominent position in Tredegar town centre. There are a number of local and national retailers within close proximity, including: Home Bargains, Domino's Pizza and Farmfoods.
The flat accommodation above offers a sizeable living accommodation and could achieve around £425 pcm. We have been advised that the Mini Market is currently leased at a monthly rental of £400 pcm and IssyRoo currently paying £360 pcm.
The first floor comprises of a three bedroom, self-contained flat which is accessed from the rear. The flat offers good sized living accommodation and benefits from gas central heating provided by a combi boiler (not tested) and double glazed windows. We have also been advised by the current owner that the roof was replaced approximately 3 years ago.
The town of Tredegar is located in the county borough of Blaenau Gwent, approximately 1.5 miles south of the A465 Heads of the Valley road, and approximately eight miles north of Blackwood.
Virtual tour
Accommodation
FloorDescriptionRentTredegar Mini MarketShop unit, kitchenette, toilet, door to rear£1,050 per quarter (£4,200 pa)IssyRooShop unit, kitchenette, storage area, toilet£400 pcm (£4,800 pa)First Floor FlatKitchen, bathroom, 3 bedrooms, lounge dinerCould achieve £425 pcm (£5,100 pa)Total£1,185 pcm (£14,100 pa)OutsideRear gravelled garden, patio
Tenure:
Advised Freehold - to be verified by solicitor