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2 bedroom flat for sale

13 Church Street, Maesteg, Bridgend County Borough,CF34 9AD
Flat
2 beds
2 baths
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *

Features and description

  • Tenure: Freehold
•Immediately available “For Sale” a mixed use investment property briefly comprising of a ground floor Hairdressers and a first floor self-contained flat.

•Located in the town centre of Maesteg.

•Immediately available “For Sale” as a fully let investment property Freehold tenure at an asking price of £114,995

Location - The property is located on Church Street which is just off Commercial Street in Maesteg town Centre.

Maesteg is the principal retail and commercial centre serving the upper Llynfi Valley with Maesteg lying approximately 9 miles north of Bridgend and 7 miles north of Junction 36 (Sarn Park Interchange) of the M4 Motorway.

Description - The property briefly comprises of a end link cottage style two-storey property briefly comprising of ground floor Hairdressers with separate pedestrian access to a 2 bedroom flat over.

The ground floor of the property is currently configured as a hairdressers briefly providing approximately 63sq.m (678sq.ft) of retail sales together with 25.9sq.m (278sq.ft) of ground floor ancillary space.

Separate pedestrian access from the front of the property leads to a first floor flat comprising; lounge/kitchen, bathroom, 2 no. double bedrooms and 1 no. single bedroom

Tenure - The property is to be sold Freehold tenure subject to and with the benefit of the current occupational arrangements:-

Ground Floor
Let to a Hairdressers under terms of a 5 year IRI Only Lease from December 2023 at a rental of £4,800 per annum exclusive.

First Floor Flat
Currently let to a private individual under terms of Standard Occupational Contracts producing a rental of £500 per calendar month.

Current total rental income £10,800 per annum

Sale Price - Asking Price £114,995

Epc - Energy Performance Rating - Band C

Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.

Vat - No VAT on sale price

Anti Money Laundering - In order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.

Viewing - Strictly by appointment only through
sole selling agents:

Messrs Watts & Morgan LLP
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Please ask for
Dyfed Miles or Matthew Ashman

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About this agent

Watts & Morgan - Bridgend
Watts & Morgan - Bridgend
1 Nolton Street Bridgend CF31 1BX
01656 376900
Full profileProperty listings
Watts & Morgan sell properties throughout South Wales, from Cardiff and Penarth in the east; Porthcawl and Bridgend in the west; to Cowbridge and the Vale. Whether you are looking for an Apartment to Townhouse, Farm to Country Cottage, you are sure to find a property to suit your requirements.
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