£495,000
Retail premises for saleMountain Ash, Rhondda Cynon Taff CF45
About this property
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
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