MAIN FEATURES ONLINE AUCTION SALE VIA AUCTION HOUSE WALES INCOME PRODUCING FREEHOLD INVESTMENT TWO SHOPS WITH A3 / HOT FOOD USE INCLUDING TWO FLATS ABOVE BOTH LET & THE FREEHOLD INTEREST IS TO BE SOLD WITH THE BENEFIT OF ANY EXISTING LEASE / S AND RENTAL INCOME
DESCRIPTION LOCATION & DIRECTIONS; On behalf of the freehold Landlord, Barbara Rees Commercial in association with Auction House Wales, is pleased to offer for sale (with the benefit of any existing lease / s and rental income) these two freehold properties situated at the North Western end of the high street in Tonypandy Rhondda.
The town centre is represented by a varied mix of local traders / business’s and national retailers and both units are (A3 User’s with residential accommodation above).
Tonypandy is located just off the A4058, see map inlay below for local directions.
11a / 11b DE WINTON STREET (ground & part first floor) Currently let for a term of 20 years from 27th November 2020 at a passing rent of £7,000 until year five, then subject to review every five years, at the higher of the open market rent or 10% of the annual rent payable, immediately prior to the each rent review date.
The demised property comprises of a ground floor lock up, A3 shop unit and upper parts residential accommodation.
12a DE WINTON STREET (ground & part first floor)
Currently let on a 7 year lease from 01st July 2025, passing rent £9,000 P/A with fixed bi-annual rent increases to £11,979 in year seven. Rent free period applies until 01st February 2026.
The demised property comprises of a ground floor lock up, A3 shop unit and upper parts residential accommodation.
USER; Ground floor, within use class A3 (1987 planning act use class orders Wales as amended). Upper parts residential accommodation.
ENERGY RATINGS; 11a / 11b De Winton Street = 114 / E. 12a De Winton Street = 92 / D.
GUIDE PRICE; £ 99,000 for the freehold interest, subject to the existing lease and rental income.
AUCTION & BIDDING; Online auction with Auction House Wales. Bidding opens on = 8th September 2025 at 12:00 PM. Scheduled end date = 10th September 2025 at 12:04 PM. You must register directly with Auction House Wales to submit any bids.
VIEWING; External unaccompanied viewing can be undertaken at anytime by interested parties but please contact our Tonypandy office to discuss internal viewing arrangements.
GENERAL NOTES; Any information contained herein should be verified by prospective purchasers or their advisers 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 mains services although this and the adequacy and condition of any and all equipment / fixtures and fittings / inventory items, should be confirmed by the prospective purchaser / tenant or via the acting solicitors.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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.