House For Sale £120,000
FOR SALE BY AUCTION - -LOT 63 - Prominent Commercial Development Suitable for Conversion to Mixed Use Commercial and Residential
ONLINE AUCTION from 25th JULY-27th JULY
A commercial development located in one of the most prominent positions in Pontypool. This unit is a substantial building which benefits from being situated on the corner of Commercial Street and Market Street, and therefore gains maximum exposure.
The building is currently tenanted by Harris Health and generates a rental income of £12,000 pa. The tenants have recently given notice which is due to expire on the 26th of September 2023.
The building is comprised of a two storey element and a three storey element, subject to the relevant planning consents may suit conversion to a mixed development with potential for a two bedroom flat and a studio. There is also lapsed planning permission to extend the two storey element to create a three story dwelling throughout.
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
The tenants have recently given notice which is due to expire on the 26th of September 2023
ONLINE AUCTION from 25th JULY-27th JULY
A commercial development located in one of the most prominent positions in Pontypool. This unit is a substantial building which benefits from being situated on the corner of Commercial Street and Market Street, and therefore gains maximum exposure.
The building is currently tenanted by Harris Health and generates a rental income of £12,000 pa. The tenants have recently given notice which is due to expire on the 26th of September 2023.
The building is comprised of a two storey element and a three storey element, subject to the relevant planning consents may suit conversion to a mixed development with potential for a two bedroom flat and a studio. There is also lapsed planning permission to extend the two storey element to create a three story dwelling throughout.
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
The tenants have recently given notice which is due to expire on the 26th of September 2023
