£425,000
Property for saleMountain Ash, Rhondda Cynon Taff CF45
Business
About this property
Update: Vendors will also consider selling properties separately.
Emf are delighted to offer to the market, a solid package of two prominent, corner plot located Freehold Investment properties (enjoying very healthy combined 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 first building has a mix of retail outlets to the ground floor level whilst above are 3 flats. This building also has the added benefit of off road car parking for appx 6 vehicles. The second building (an old bank) has ground and basement level trading areas along with fully self contained rooms above which could quite easily be established as a sizable & very comfortable flat (subject to update/necessary consents etc).
Our vendors advise that they have owned the 2 premises for well over 26 years and during that time have never struggled with regards to occupancy and that always being fair to their tenants has duly helped to keep this consistent flow of income over the decades.
They currently achieve a solid, combined annual rental income of £27,432 (£2,286 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 shop/Workshop facility and possibly 2 other flats into one of the buildings (subject to required work/necessary 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, being offered at a very realistic asking price, and is one that we at emf therefore recommend for earliest consideration.
EPC Rating: Tbc
Emf are delighted to offer to the market, a solid package of two prominent, corner plot located Freehold Investment properties (enjoying very healthy combined 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 first building has a mix of retail outlets to the ground floor level whilst above are 3 flats. This building also has the added benefit of off road car parking for appx 6 vehicles. The second building (an old bank) has ground and basement level trading areas along with fully self contained rooms above which could quite easily be established as a sizable & very comfortable flat (subject to update/necessary consents etc).
Our vendors advise that they have owned the 2 premises for well over 26 years and during that time have never struggled with regards to occupancy and that always being fair to their tenants has duly helped to keep this consistent flow of income over the decades.
They currently achieve a solid, combined annual rental income of £27,432 (£2,286 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 shop/Workshop facility and possibly 2 other flats into one of the buildings (subject to required work/necessary 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, being offered at a very realistic asking price, and is one that we at emf therefore recommend for earliest consideration.
EPC Rating: Tbc
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