1, Burtons Building, John Street, Merthyr, cf47 0ae

Oliver Griffiths eXp Commercial is delighted to present Burtons Building, John Street, Merthyr Tydfil, a substantial and recently converted mixed-use investment opportunity occupying a prime town centre position.

The property comprises 11 fully self contained residential flats together with a commercial coffee shop, providing an attractive combination of residential and commercial income from a single investment.

The building has been comprehensively converted between 2018 and 2020 by an experienced development team and offers a turnkey investment with established tenants, furniture and fixtures included, established maintenance arrangements and a proven trading history.

INVESTMENT HIGHLIGHTS
11 self-contained residential flats, established commercial coffee shop, current gross rent roll of £8,445 pcm, annual gross rental income of £101,340
10.9% gross yield, fully let residential accommodation, recently converted between 2018–2020, modern building specification and compliance systems, commercial unit occupied on a 5-year commercial lease, popular and established coffee shop operator, prime Merthyr Tydfil town-centre location, close to bus and train stations, over 1,000 town-centre car parking spaces in the vicinity, furniture and inventory included within the sale
CCTV throughout, sprinkler system, modern addressable fire alarm system, door-entry/intercom system, coin-operated laundry facilities, Wi-Fi infrastructure, established local maintenance contacts, potential for continued owner support following completion. 

THE RESIDENTIAL ACCOMMODATION

Burtons Building provides 11 individually self-contained residential apartments, offering a varied accommodation mix designed to appeal to a broad tenant base.

The accommodation comprises:

5 x Studio / 1-bedroom apartments
5 x 2-bedroom apartments
1 x 3-bedroom maisonette

This provides a total of 18 bedrooms, with the variety of apartment sizes helping to create a diversified residential income stream.

The flats are fully furnished, with the sale including the existing inventory, including items such as beds, sofas, televisions, refrigerators, curtains and kitchen equipment.

The accommodation has been designed with particular emphasis on security, thermal performance and acoustic separation. Expensive fireproof and soundproof screed systems were incorporated throughout the building to minimise the transfer of impact noise between apartments.

Most windows are double or triple glazed, while air exchange equipment has been installed where appropriate to assist ventilation.

COMMERCIAL COFFEE SHOP

A significant additional feature of the investment is the established commercial coffee shop occupying the ground-floor commercial accommodation.

The coffee shop is an extremely popular and established destination in the heart of Merthyr Tydfil, providing an established commercial income stream alongside the residential accommodation.

The commercial premises are occupied by Big Dog Coffee / Roastery, a South Wales growing company operating from the property under a 5-year commercial lease, with the intention that the tenancy continues beyond the initial lease term.

The operator is described as highly professional, with careful consideration given to the relationship between the commercial premises and the residential accommodation above.

Particular attention has been paid to noise management, with sound-checking equipment utilised to ensure that the commercial operation remains considerate to residents. Trading hours and noise levels are controlled, with no noise before 9am and trading generally concluding around 5pm.

The combination of an established coffee shop and residential accommodation provides an attractive mixed-use investment profile and diversification of income.

PRIME MERTHYR TYDFIL LOCATION
Burtons Building occupies a prominent town-centre position on John Street, Merthyr Tydfil, providing immediate access to the town’s extensive range of shops, services, transport links and amenities.

The property is positioned within easy walking distance of the bus and train stations, with significant town-centre car parking provision of more than 1,000 spaces in the surrounding area.

The location also benefits from its proximity to major local employers, healthcare facilities, care homes and other employment hubs.

Merthyr Tydfil is strategically positioned within the South Wales valleys and benefits from excellent road connections.

The A465 Heads of the Valleys Road provides strong connectivity towards Abergavenny and Swansea, while Cardiff, Brecon and the wider South Wales region are readily accessible.

The town is also positioned close to some of the area’s major visitor attractions, including BikePark Wales and the Brecon Beacons, helping to support demand from both residents and visitors.

The development of the town’s transport infrastructure, including improvements to the bus and rail facilities, further enhances the long-term connectivity of the location.

BUILDING & EXTERNAL APPEARANCE
Originally constructed in approximately 1890, Burtons Building is an attractive period property featuring a combination of red brick, ashlar and rendered elevations.

The property sits within a conservation area and has a distinctive character which has been retained through the conversion.

The building was previously owned by Burtons menswear, which occupied the property from the 1920s. During its previous ownership, extensive steel reinforcement was undertaken, providing a substantial structural foundation to the building.

The property has subsequently been comprehensively converted and upgraded to provide its current residential and commercial configuration.

MODERN SPECIFICATION
The building benefits from a comprehensive range of modern systems and facilities, including:

Full building sprinkler system
Modern fire alarm system
Fire alarm maintenance contract
CCTV throughout
Door-entry/intercom system
Coin-operated laundry facilities
Shared cleaning/storage facilities
Double and triple glazing
Enhanced acoustic insulation
Fireproof and soundproof floor systems
Wi-Fi provision
Established maintenance infrastructure
The property also benefits from established relationships with local maintenance contractors covering plumbing, electrical works, fire systems, water heaters, electric showers and other specialist requirements.

TURNKEY INVESTMENT
Burtons Building is offered as a turnkey investment opportunity, with the existing tenants, deposits, furniture and inventory included as part of the transaction.

The investment benefits from established operational systems and local maintenance contacts, making it suitable for an investor seeking an income-producing mixed-use property without the requirement to undertake a major refurbishment programme.

RECYCLING & MANAGEMENT
The property has an established waste and recycling arrangement, currently utilising the Woodfired yard for convenience.

The arrangement includes dedicated cardboard and paper recycling, plastic and tin recycling, glass recycling and general waste facilities.

The area is secured and monitored by CCTV.

INVESTMENT OPPORTUNITY
Burtons Building represents an opportunity to acquire a substantial mixed-use town-centre investment comprising 11 residential apartments and an established commercial coffee shop, producing a current gross rental income of £101,340 per annum.

The combination of diversified residential accommodation, an established commercial tenant, a strong town-centre location and potential future income enhancement makes the property an attractive proposition for investors seeking both current income and longer-term asset potential.

With a 10.9% gross yield at the guide price, established occupancy, a recently converted building and a popular commercial operator occupying the ground floor, Burtons Building offers a compelling opportunity to acquire a substantial income-producing asset in the heart of Merthyr Tydfil.

All figures are subject to verification through the legal and due diligence process. Prospective purchasers should satisfy themselves as to all rental, tenancy, planning, building regulation and compliance information prior to purchase.