Mixed use for sale
Property description & features
- Upon the instructions of the Joint Fixed Charge Receivers
- Freehold mixed use investment - retail and two large 3 bedroom flats
- Attractive gross yield of 17.48%
- Suit investors
- Currently producing £30,600 per annum
- Online Auction on Thursday, 25 July 2024
A commercial premises arranged over three storeys and located in the main shopping area of Ebbw Vale town centre. It has a prominent trading position and next to national retailers such as, Argos, Dominos Pizza, Savers Health and Beauty, alongside many other established local retailers.
The Property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information provided or any matter relating to the Property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability.
Location:
Ebbw Vale is easily accessible from the A465 (Heads of the Valley road) and many other nearby towns including Brynmawr, Abertillery and Blaenavon and borders Brecon Beacons National Park.
The A465 Heads of the Valleys Road runs just to the north with direct access to the town and its industrial estates.
A direct hourly service between Ebbw Vale and Newport started in January 2024. A railway service to Cardiff Central began on 6 February 2008 with trains serving the town from the new Ebbw Vale Parkway railway station. An extension of the line to a new northern terminus, Ebbw Vale Town, was opened on 17 May 2015.
The property is located on the east side of Bethcar Street in a mixed use area.
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Accomodation:
A three storey mid terrace property of traditional construction, consisting of a ground floor retail unit, trading as a funeral directors and two 3-bedroom flats on first and second floors. The ground floor is about 222 sq m (2,390 sq ft), Flat 1 about 78 sq m (840 sq ft) and Flat 2 about 95 sq m (1,023 sq ft). There is car parking to the rear of the property for about 4 cars.
Online Auction on Thursday, 25 July 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 4, 2022
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Clear: No bars, no signal predicted
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Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area
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