Commercial Development for saleHigh Street, Rhymney, Tredegar, NP22 5LP
Guide Price* £65,000
- Town Centre Development Opportunity
- Advised Freehold - to be verified by a solicitor
- To be sold with vacant possession
Full descriptionFOR SALE BY AUCTION - Thursday 01 December 2016- THE PARK INN, LLANEDEYRN, CARDIFF
Town Centre Development Opportunity
A deceptively spacious three-storey mixed use building for redevelopment situated in a prominent and central position in the heart of Rhymney. High Street is the main arterial road running through Rhymney and is home to a range of local businesses. Rhymney itself is located around 1.5 miles south of the A465 Heads of the Valley dual carriageway and approximately 5 miles east of Merthyr Tydfil.
The property offers an exciting opportunity to acquire a substantial building with planning permission for conversion to a self contained retail unit to ground floor and basement and two self-contained flats to the first floor.
From measurements taken on site, we have calculated the following approximate Net Internal Floor areas:-
|Floor||Description||Area Sq Ft||Area Sq M|
|Ground Floor||Open plan area with office and wc facilities||1,438||133.6|
|First Floor||Open plan area with space for wc facility||1,526||141.8|
Planning was granted 14th October 2013 under a change of use application 13/0302/C0U for the conversion of the property to ground floor retail unit and two flats. Further details and copy plans are available from the Auctioneer's office.
Advised Freehold - to be verified by a solicitor
To be sold with vacant possession
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
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