Shop in Hengoed
6 Commercial Street, Ystrad Mynach, Hengoed CF82 7DX
- Lot No: 80
- Property Type: Shop
- Contract Type: Unconditional with Fixed Fee
Guide Price* £170,000+ plus fees
Property Description
A freehold commercial investment opportunity comprising a two-storey end of terrace building located along the vibrant Commercial Street. The property is held on a 21 year lease from and including the 30th May 2019, to and including 29th May 2040 with current rent passing of £19,300 per annum. We understand from the seller that a rent review is due (Index) meaning an increase in rent for the potential buyer. The lease is inside the The Landlord and Tenant Act 1954 on an a full repairing and insuring lease basis. The tenant is trading as the New Ystrad Fish Bar. Interested parties are advised to inspect the legal pack for more information. Viewings are strictly by appointment only.
Local Authority:
Caerphilly County Borough Council
Services:
Mains gas and electric. Mains water and sewerage TBC
Heating:
Gas Central Heating.
Building Construction:
Standard brick under tiled roof construction.
Tree Preservation Orders:
None identified.
Conservation Area:
This property is not in a conservation area.
Planning Permission:
17/0226/FULL - Planning permission was granted in 2017 to modify and extend the first floor to a 2 bedroomed apartment from the current 1 bedroom (Please refer to CCBC planning website for further details). This planning permission has expired and prospective buyers should contact Caerphilly County Borough Council if they wish to re-apply.
Broadband Availability:
Standard 20mbps and Superfast 80mbps are available in this location.
Mobile Signal:
O2, Vodaphone and Three are available in this location for Voice and Data.
Satellite and Cable TV Availability:
Sky and BT are available in this location.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Freehold
Auction Details
Date 25th April 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454