Hay-on-Wye, Herefordshire, HR3
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
1,668 sq ft
155 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Commercial space downstairs
- Self contained 2 bedroom flat upstairs
- Two reception rooms
- Courtyard garden
- Located in the center of Hay-on-Wye
- Leased until 31st March 2025 for immediate income
Description
An exciting opportunity to purchase a self contained two bedroom apartment with commercial space located in the centre of Hay-on-Wye.
Property Details
Chancellors is proud to present this property located in the heart of Hay-on-Wye. Situated in a central location, this offering encompasses both commercial and residential spaces, providing investment opportunity.
The ground floor boasts three retail areas, plus a staff toilet. The current shop tenants run a thriving outdoor clothing and walking gear business. With its strategic positioning and high foot traffic, this commercial unit presents an excellent chance to capitalize on the retail atmosphere of Hay-on-Wye.
Ascending to the upper levels, you'll discover a two bedroom flat spread over two floors. The first floor features two reception areas that offer versatile living and entertainment spaces, a kitchen, and a shower room with toilet and washbasin. The second floor comprises two bedrooms and a bathroom, with bath, shower over, toilet and washbasin. Currently, the upstairs flat is utilised for stock storage, for the ground floor business operation.
A further feature of this property is the flat's courtyard garden, providing a outdoor space right in the centre of the town.
It is important to note that the shop tenants have a Commercial Lease that runs until 31st March 2025, thereby ensuring a steady stream of income until then. The shop tenants have also leased the residential flat on a residential Converted Periodic Contract (formerly a Statutory Periodic Tenancy), which is subject to six months notice.
Whether you're an investor looking to benefit from an established retail business, or a homeowner seeking a picturesque dwelling in the heart of Hay-on-Wye, this property caters for both aspirations seamlessly.
Contact us to arrange a viewing and explore the endless possibilities that this property has to offer.
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Brochures
More details from ChancellorsCouncil TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: B
Hay-on-Wye, Herefordshire, HR3
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Builth Road Station14.4 miles
About the agent
Chancellors, Hay-On-Wye
16a Castle Street, Hay-On-Wye, HR3 5DF
Since opening in 1807, Chancellors have been passionate about selling and letting property, with our customers' needs at the forefront of our priorities. As one of the UK's leading independent estate agents, we refuse to rest on our laurels and constantly strive to develop and grow our brand for the better. Through hard work and determination, Chancellors now have 58 networked offices across the South of England and Mid Wales. We currently have a strong local prese
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 5129990. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chancellors, Hay-On-Wye. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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