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COMMERCIAL

Commercial Street, Maesteg

£95,000
Ferriers Estate Agents, Maesteg
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • ATTENTION INVESTORS!!
  • Commercial Property
  • Town Centre Location
  • Tenant in Situ with FRI Lease until 2033
  • Tenure = Freehold /Flying Freehold (TBC by a legal representative)
  • EPC = C

Description

ATTENTION INVESTORS!!
We are pleased to offer For Sale this commercial property in a prime location. Located in the heart of Maesteg Town Centre, surrounded by independent shops as well as national chains and within walking distance of bus and train stations. Being sold with a long term tenant and a FRI lease agreement in place until 2033. (Further details available on request). The property is occupied by a well established Travel Agency.
Currently offering a 6.7% yield (based on £95,000 purchase price, excluding fees) this property offers a fantastic opportunity for any investor looking to venture into the buy to let market, or someone looking to add to an existing portfolio. The first floor is currently unused and offers the potential for an increased yield after refurbishment.
The accommodation briefly comprises a trading area, inner hallway, office, staff area and W.C to the ground Floor. Hallway, W.C and two further rooms to the first floor.
Tenure = Freehold /Flying Freehold (TBC by a legal representative)
EPC = C

Ground Floor -

Trading Area - 6.1 x 4.2 (20'0" x 13'9") - Large shopfront window and door to front. Suspended ceiling with inset lights, skimmed walls, fitted carpet, two electric panel radiators, window to office and door to:

Inner Hallway - Suspended ceiling with inset lights, skimmed walls, fitted carpet, open to staff area and door to:

Office - 2.8 x 2.2 (9'2" x 7'2") - Suspended ceiling with inset lights, tongue and grooved panelled walls, fitted carpet, electric panel radiator and window looking into trading area.

Staff Area - 4.1 x 3.2 (13'5" x 10'5") - Suspended ceiling with inset lights, skimmed walls, fitted carpet, electric panel radiator, a range of base and wall mounted units with a complementary work surface housing a stainless steel sink drainer, door to rear , stairs to first floor and door to:

W.C - Suspended ceiling with inset lights, skimmed walls, fitted carpet and a two piece suite comprising a low level W.C and pedestal wash hand basin.

First Floor -

Room One - 5.3 x 3.2 (17'4" x 10'5") - Window to rear (bricked up). In need of refurbishment.

Hallway - In need of refurbishment.

W.C - Low level W.C, wall mounted wash hand basin and window to rear

Room Two - 6.5 x 4.7 (21'3" x 15'5") - Two windows to front aspect. In need of refurbishment.

Brochures

Commercial Street, MaestegBrochure

Energy Performance Certificates

EE Rating

Commercial Street, Maesteg

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maesteg Station0.2 miles
  • Maesteg Ewenny Road Station0.5 miles
  • Garth Mid-Glamorgan Station1.1 miles

About Ferriers Estate Agents, Maesteg

29 Llynfi Road, Maesteg, CF34 9DS

Ferriers Estate Agents were established in 1918 and specialise in sales and lettings in the Bridgend and Neath and Port Talbot Boroughs. We have a wealth of knowledge and experience in residential and commercial sales and lettings.

Notes

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Disclaimer - Property reference 34471114. 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 Ferriers Estate Agents, Maesteg. 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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