Bidding opens Monday 23rd June 2025 at Midday and closes Wednesday 25th June 2025 at Midday.Investment Opportunity- Upgraded End of Terrace Retail Premises with Recently Refurbished FlatAn end of terrace property comprising an occupied retail unit to the ground floor and a refurbished occupied one bedroom residential unit behind, which is accessed from side lane. The upper floor has been sold off on a long leasehold basis at a annual ground rent of £25.00 per annum and does offer a reversionary value. The building provides an ideal investment opportunity with both ground floor units let on the same agreement at £800 per month, therefore producing a combined annual income of £9,625 per annum. The building is located on the main high street within the convenient location of Aberkenfig, close to other neighbouring local operators, good access is offered to the M4, which is approximately 1 mile away. Retail Unit Main retail area, store/staff room, kitchenette, w/cRear Residential Unit Lounge, kitchen, bedroom, shower room, utility roomTenure FreeholdViewing Via Auction House on 01633 212555.Council Tax Band (Residential Unit) ATenure: See Legal PackEPC Rating: C
Show on Portals
False
Property Category
Commercial
Rightmove Property Type
End of Terrace - Houses
Agent
Cardiff
Additional Fees
Buyer's Premium - £600 inc VAT payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.