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Commercial Development for sale

High Street, Rhymney, Tredegar, NP22 5LP

Guide Price* £65,000

Property Description

Key features

  • Town Centre Development Opportunity
  • Advised Freehold - to be verified by a solicitor
  • To be sold with vacant possession

Full description


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:-

FloorDescriptionArea Sq FtArea Sq M
Ground FloorOpen plan area with office and wc facilities1,438133.6
First FloorOpen plan area with space for wc facility1,526141.8

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

Map & Street View

Disclaimer - Property reference 54670. The information displayed about this property comprises a property advertisement. 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 Paul Fosh Auctions, Newport . 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.

*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.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Auctions, Newport on 01633 254044.

Map data OpenStreetMap contributors.