MAIN FEATURES FREEHOLD PROPERTY COMPRISING A MODERN SHOP UNIT & TWO INCOME PRODUCING SELF CONTAINED FLATS BUSY AWARD WINNING TOWN CENTRE LOCATION WITH HIGH FOOTFALL NO CHAIN
DESCRIPTION & LOCATION; Barbara Rees Commercial is pleased to offer for sale this modern freehold property, comprising of two self contained residential flats, additional rear land with a storage unit, plus the ground floor retail unit.
The property is located in a prime high street location in the award winning town centre of Treorchy in Rhondda Cynon Taff, where the high street has full occupancy and is represented by a healthy mix of national retailers, including, Iceland, Boots, Superdrug, Tui, Greggs, many local traders, several food, leisure and office users, plus a branch of the Principality Building Society and a nearby Co-operative and Lidl store.
VIEWING & DIRECTIONS; Strictly accompanied viewing only, by prior appointment via Barbara Rees Commercial and local directions will be provided following confirmation of viewing.
THE PROPERTY; Brick / stone construction / slate roof, three storey mixed use / retail / residential with a modern display window shop front / security roller shutters and direct access of the high street.
GROUND FLOOR; 115.47 sq mt (1,242 sq ft) retail sales / stores / staff room, fitted shelving and gondola display units, acoustic tiled ceiling with diffused lighting, CCTV & alarm systems, rear delivery access. Separate access to the upper parts flats.
EXTERIOR; Enclosed secure compound with a partially covered concrete surface area, rear delivery access and an additional plot of land with a storage container. USER; Believed to fall within use class A1 (1987 planning act use class orders as amended).
NATIONAL NON DOMESTIC RATES; RV = £ 9,680, multiplier = 0.535 (extract taken from the 2023 rating list), Local authority Rhondda Cynon Taff.
ENERGY RATING; Ground floor shop = C / 73.
UPPER PARTS;Two modern, self contained residential flats arranged over two floors, currently let and income producing.
USER; Believed to fall within use class C3 (1987 planning act use class orders Wales, as amended).
FLAT ONE; 68 sq mt ( 732 sq ft ) Lobby / entrance hall, lounge, two bedrooms, fitted kitchen, bathroom, GCH & DG. Passing rent £ 600-00 p/c/m. Energy rating = E / 50. Potential = C / 73.
FLAT TWO; 68 sq mt ( 732 sq ft) Lobby / entrance hall, lounge two bedrooms fitted kitchen, bathroom, GCH & DG. Passing rent £ 575-00 p/c/m. Energy rating = E / 52. Potential = C / 73.
ASKING PRICE; £ 335,000.
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 has the benefit of all mains services although this and the adequacy and condition of any and all equipment / fixtures and fittings, should be confirmed by the prospective purchaser / tenant or via the acting solicitors. The current residential tenants have expressed a wish to remain in occupation post sale.
COMMERCIAL MORTGAGE / BUSINESS LOAN; Available subject to status, please ask for an appointment with our independent financial advisor.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Barbara Rees Estate Agents - Tonypandy. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Barbara Rees Estate Agents - Tonypandy for full details and further information.