House For Sale £160,000
The building has been well maintained by the current owner and benefits from gas central heating and double glazing throughout. Formerly a government building and job centre, it is now a spacious retail unit with one bedroom flat above, making it an ideal investment opportunity with potential to produce a return of between 6-7%.
The shop is a successful and well established men’s clothes retailer who is selling due to retirement. Run by the same owner for the past 30 years it enjoys rights to popular brands. The accommodation comprises of an entrance lobby, large retail shop with two dressing rooms and sales area, storage cupboard, stock room and WC. The business is being included in the sale and includes its ‘goodwill’ and all the fixtures and fittings which include a state of the art security system with cameras and roller shutters, and wall racking with island rails making it perfect for anyone looking to take on this successful business.
Upstairs, the one bedroom flat comprises of an open plan living room/kitchen, shower room and bedroom. It has gas central heating, double glazing and a large eaves store.
Outside the property benefits from a private and enclosed rear yard.
The building also allows for plenty of flexibility and development subject to the necessary planning permissions. The ground floor shop would make a great office, clinic or ground floor flat and with the space at the rear it could even be converted into a home.
Price - £160,000 plus VAT
Brynmawr is a busy town benefiting from a range of shops, banks, schools and leisure facilities, including a cinema. The Lakeside Retail Park is located on the outskirts of town offering further shops, a supermarket and restaurant. There are good road links with the Heads of the Valleys road giving easy access to all major towns and a passenger rail link to Cardiff from nearby Ebbw Vale.
Council Tax: We have been informed that this property has been placed under council tax band ‘A’.
Services: All mains services. Gas central heating. Please note we have not tested the appliances, central heating or services.
Telephone & Broadband: Telephone- subject to BT transfer regulations. According to the property has a broadband speed of: Download 49.33 and Upload 5.84 Mbps (average speed of Mbps).
Please note you should always confirm this by speaking to the specific provider you would like to use. This is for guidance only.
Business Rates: Rateable Value – £5600. Rates Payable - £2878.40. Currently subject to 100% small business rate relief.
These sales particulars are hoped to provide a fair description of the property, however all statements are made without responsibility of James Dean and should not be relied upon as statement of fact. They do not form any part of a contract and are issued solely in the understanding that all negotiations are conducted through the firm. Items shown in photographs are not included in the sale unless specifically mentioned within the sales particulars.
The shop is a successful and well established men’s clothes retailer who is selling due to retirement. Run by the same owner for the past 30 years it enjoys rights to popular brands. The accommodation comprises of an entrance lobby, large retail shop with two dressing rooms and sales area, storage cupboard, stock room and WC. The business is being included in the sale and includes its ‘goodwill’ and all the fixtures and fittings which include a state of the art security system with cameras and roller shutters, and wall racking with island rails making it perfect for anyone looking to take on this successful business.
Upstairs, the one bedroom flat comprises of an open plan living room/kitchen, shower room and bedroom. It has gas central heating, double glazing and a large eaves store.
Outside the property benefits from a private and enclosed rear yard.
The building also allows for plenty of flexibility and development subject to the necessary planning permissions. The ground floor shop would make a great office, clinic or ground floor flat and with the space at the rear it could even be converted into a home.
Price - £160,000 plus VAT
Brynmawr is a busy town benefiting from a range of shops, banks, schools and leisure facilities, including a cinema. The Lakeside Retail Park is located on the outskirts of town offering further shops, a supermarket and restaurant. There are good road links with the Heads of the Valleys road giving easy access to all major towns and a passenger rail link to Cardiff from nearby Ebbw Vale.
Council Tax: We have been informed that this property has been placed under council tax band ‘A’.
Services: All mains services. Gas central heating. Please note we have not tested the appliances, central heating or services.
Telephone & Broadband: Telephone- subject to BT transfer regulations. According to the property has a broadband speed of: Download 49.33 and Upload 5.84 Mbps (average speed of Mbps).
Please note you should always confirm this by speaking to the specific provider you would like to use. This is for guidance only.
Business Rates: Rateable Value – £5600. Rates Payable - £2878.40. Currently subject to 100% small business rate relief.
These sales particulars are hoped to provide a fair description of the property, however all statements are made without responsibility of James Dean and should not be relied upon as statement of fact. They do not form any part of a contract and are issued solely in the understanding that all negotiations are conducted through the firm. Items shown in photographs are not included in the sale unless specifically mentioned within the sales particulars.
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