Secure Future with 2 Mixed-Use Investment Properties in South Wales, Perfect Retirement Sale
Mountain Ash, Rhondda Cynon Taff
- Status
FOR SALE
- Advert ID
629662
- Reference
M36254J / Rightbiz
- Call Agent:
- Freehold: £425,000
- Turnover: £27,432 (£528 per week)
- Profit: Not Applicable
Key Features
- Adjacent to Multiple Retailers
- Potential for Alternative Use
- Close to Local Amenities
- Town Centre location
Business Details
2 SIZABLE, MIXED USE RENTAL INCOME PROPERTIES, MOUNTAIN ASH
Key Features:
- 2 x Investment Properties Opportunity
- VENDORS WILL CONSIDER SELLING SEPARATELY.
- Mixed Use, Commercial & Residential
- Strong, Solid Rental Income Streams
- Sizable Properties In Established Town
- Both Properties in Main Trading Street
- Good, Long-Standing Tenants
- Options To Increase Rental Income
- Retirement Sale Proposition
EMF are delighted to offer to the market, a solid package of two prominent, corner plot located Freehold Investment properties (enjoying very healthy combined rental incomes) , both situated upon the main trading street of the established and well-known town of Mountain Ash in the beautiful South Wales valleys.
The first building has a mix of retail outlets to the ground floor level whilst above are 3 flats. This building also has the added benefit of off road car parking for appx 6 vehicles. The second building (an old bank) has ground and basement level trading areas along with fully self contained rooms above which could quite easily be established as a sizable & very comfortable flat (subject to update/necessary consents etc).
Our vendors advise that they have owned the 2 premises for well over 26 years and during that time have never struggled with regards to occupancy and thatalways being fair to their tenants has duly helped to keep this consistent flow of income over the decades.
They currently achieve a solid, combined annual rental income of £27,432 (£2,286 p/month), and breakdowns of the individual rents will be disclosed to serious/interested parties after viewing.
There is also potential to develop a further small shop/Workshop facility and possibly 2 other flats into one of the buildings (subject to required work/necessary consents etc), which may possibly achieve a further £15,000 p.a. appx (£1,250 p/month) on top of the rental incomes already being achieved.
This is a long-established, 2 freehold (mixed use) income generating opportunity, being offered at a very realistic asking price, and is one that we at EMF therefore recommend for earliest consideration.
VENDORS WILL ALSO CONSIDER SELLING PROPERTIES SEPARATELY.
EPC Rating: tbc
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01633 868609.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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