Commercial Property for saleCommercial Street, Mountain Ash, Aberdare, CF45 3PW
Guide Price* £45,000
- Commercial Investment
- Advised Freehold - to be verified by a solicitor
- Let on a 9 year lease at £6,000 pa to Sevacare Holdings Ltd who have over 54 branches across the UK with in excess of 5000 employees and assets of £21,648,000 (Source Endole).
A freehold commercial building situated in a main road position within the town of Mountain Ash. The property has previously benefited from upgrading to include gas central heating (not tested), partial UPVC double glazing, new plastered walls and a rewire. There is a ground floor retail/office area and an open plan office area to the first floor. From the Valuation office website, the property has an approximate Net Internal Area of 1,184 sq ft (110 sq m). This is an ideal investment purchase with the Guide Price representing an attractive Net Initial Yield of 13.1% (assuming purchaser costs of 1.75%).
Ground Floor: Retail sales area/office and rear store, staff wc facilities
First Floor: Open plan office area
Outside: Rear yard
Advised Freehold - to be verified by a solicitor
Let on a 9 year lease at £6,000 pa to Sevacare Holdings Ltd who have over 54 branches across the UK with in excess of 5000 employees and assets of £21,648,000 (Source Endole).
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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.
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.
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