Business for Sale in 2 SEPARATE, SIZABLE BUILDINGS, OCCUPYING PROMINENT POSITIONS UPON MAIN STREET THROUGH TOWN 2 STRONG RENTAL INCOME, MIXED USE PROPERIES, SOUTH WALES VALLEY TOWN

Freehold Price £495,000

Key Information

Reference
M36254J
Tenure
Freehold
Status
For Sale
Region
South Wales
Sector
Investment Properties
Annual Sales
£31,632.00 Exc. VAT
Rent Payable
n/a
Business Rates
n/a
Accommodation
3 Flats currently tenanted and with potential felt for 2 more flats (subject to work required/consents etc)
  • 2 x Investment Properties Opportunity
  • Mixed Use, Commercial & Residential
  • Strong, Solid Rental Income Streams
  • Sizable Properties In Established Town
  • Both Properties in Main Trading Street
  • Good, Long-Standing Tenants
  • Options To Increase Rental Income
  • Retirement Sale Proposition

Business Information

EMF are delighted to offer to the market, a solid package of two Freehold Investment properties (enjoying very healthy rental incomes) , both situated upon the main trading street of the established and well-known town of Mountain Ash in the beautiful South Wales valleys.

The two prominent, end of terrace, corner plot properties, consist of a mix of retail outlets to the ground floor level whilst above are various flats. One of the buildings also has the added benefit of off road car parking for appx 6 vehicles.

Our vendors advise that they have owned the 2 premises for well over 25 years and during that time have never struggled with regards to occupancy and that always being fair to their tenants has helped to keep this consistent flow of income over the decades.

They currently achieve a solid, combined annual rental income of £31,632 (£2,636 p/month), and breakdowns of the individual rents will be disclosed to serious/interested parties after viewing.

There is also potential to develop a further small Workshop facility and possibly 2 other flats into the buildings (subject to required work/consents etc), which may possibly achieve a further £15,000 p.a. appx (£1,250 p/month) on top of the rental incomes already being achieved.

This is a long-established, 2 freehold (mixed use) income generating opportunity that we at EMF recommend for earliest consideration.

EPC Rating: tbc

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South, Mid & West Wales

Your Regional Director Mark Harrison

South, Mid & West Wales

PO BOX 156
Cwmbran
NP44 9EA