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Description

MIXED USE INVESTMENT PROPERTY, SUB DIVIDED INTO LOCK UP RETAIL SHOP AND RESIDENTIAL ACCOMMODATION WITH FIVE BEDROOMS. APPROXIMATE LOCK UP SHOP TOTAL FLOOR AREA 40.9 Sq Mt (441 Sq Ft). FREEHOLD

DESCRIPTION LOCATION & DIRECTIONS; We are pleased to offer this mixed use investment property comprising a two storey brick / stone / cavity wall building beneath a part slate / part flat roof, to include retail and residential parts.

The property has been sub divided into a lock up retail shop with direct access off Commercial Street.

The residential accommodation is accessed via the rear of the property, being located in the extension and the first floor of the original building.

The proposed accommodation, when completed, will fall within the HMO regulated accommodation sector, however, it may be possible to amend this to self contained flats, subject to compliance with any statutory instruments.

Commercial Street is a localised / secondary business centre, comprising a mix of retail shops, some offices and fast food outlets serving the needs of the immediately surrounding residential housing.

All amenities are near by and staff at our Pontypridd office will be pleased to provide local directions upon request.

GROSS FROTNAGE; 4.87m ( 16ft ) wooden framed display window shop front.

GROUND FLOOR LOCK UP SHOP; Approximate total floor area 40.9 sq mt (441 sq ft) comprising a retail area, rear office / stores / ancillary space.

RESIDENTIAL PARTS; Two storey extension and part first floor (original building) housing a communal kitchen / diner, five bedrooms and two shower rooms.

SERVICES & TENURE; Mains services are either on site or available to be connected. The property is of freehold tenure.

USER; Retail / Residential

NATIONAL NON DOMESTIC RATES; RV 2,550 POUNDS (Extract from the 2005 rating list)

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 where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. The personal representative of the seller has vendor has verbally informed us that the property is of freehold tenure, although this should be confirmed by the acting solicitors. The property has been partially refurbished and is to be sold as seen and viewed with approximately 70 to 75% of its conversion works having been completed.

ASKING PRICE; 149,500 POUNDS

VIEWING; Strictly accompanied viewing only, by prior appointment via our Pontypridd office.

MORTGAGE; Our Independent Mortgage and Financial Advisor J Paul Rees, FNAEA, Cert PFC. Cert CII (MP) will be pleased to discuss and arrange the most suitable mortgage to meet the choice and requirements of prospective purchasers. Please contact our Tonypandy office or Mr Rees direct on 07970 849106 to arrange a convenient appointment (Introductions to CRE Financial Services).