4 & 5 Victoria Buildings, Troedyrhiw, Merthyr Tydfil, CF48 4JT
- PROPERTY TYPE
Terraced
- BEDROOMS
8
- BATHROOMS
5
- SIZE
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- 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
Description
Investment opportunity to acquire this multi use freehold Commercial/Residential buildings almost fully let in the heart of Troedyrhiw Village in Merthyr Tyfil with rents totalling approx. £37,320pa representing circa. 16.6% gross yield.
Description
An excellent freehold opportunity to acquire a set of prominent corner block buildings in the heart of Troedyrhiw village, comprising two ground-floor retail units (currently let to established local traders) together with five self-contained first and second floor residential flats with only 1 currently unoccupied (Flat 3) but expected to be let by auction date. The property forms part of the historic 1900 Victoria Buildings terrace and occupies a highly visible roadside presence with excellent passing trade and footfall.
The buildings present as traditional red-brick corner properties with large display windows, separate access to the upper floors and a prime village-centre location. Troedyrhiw benefits from local amenities including shops, schools, a railway station and bus routes, with Merthyr Tydfil town centre approximately 4.5 miles north and swift access to the A4060 and A470.
All tenants are in situ. The hairdresser currently occupies only part of Shop 1, we have been informed that the former beauty/nails/tanning treatment rooms are currently vacant. These could be converted into an additional 2-bed flat with its own rear access (the existing back door of the shop would become the flat's front entrance) subject to necessary consents. Flat 5 (top floor) is a large 2-bed unit with a good sized lounge and two decent-sized bedrooms and potential to be split into two smaller self-contained units if desired subject to consent. These adjustments could materially increase both income and potentially capital value.
PLEASE NOTE : The approximate gross figure stated is based solely on the current passing rents provided and at the advertised Guide Price. No specific running costs (insurance, maintenance, management fees, voids, etc.) have been supplied by the client. Please refer to the legal pack once available for confirmation on tenancies and breakdowns, tenure and any charges.
Accommodation
GF -Two self-contained retail units with shop floors, ancillary storage/preparation areas and WCs.
UF's - Five residential units (three 2-bed, one 1-bed, one studio) with separate access, each providing kitchens, bathrooms and living/bedroom space.
Informed Freehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel Auctions
Viewing
Viewing by appointment with Seel Auctions
Brochures
Legal DocumentsOnline Bidding- COUNCIL 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
4 & 5 Victoria Buildings, Troedyrhiw, Merthyr Tydfil, CF48 4JT
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Visit our security centre to find out moreDisclaimer - Property reference 340245. 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 Seel & Co Ltd, Cardiff - Auctions. 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.
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 Seel & Co Ltd, Cardiff - Auctions on 029 2271 6399.
*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.”
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