58 Cardiff Street, Aberdare, CF44 7DG
- Property Type: Retail & Shops
- Size: 475 sq m (5,121 sq ft)
- FREEHOLD INTEREST FOR SALE
- GROUND FLOOR RETAIL ACCOMMODATION WITH REDEVELOPMENT POTENTIAL TO UPPER FLOORS
- PROMINENT HIGH STREET POSITION IN CENTRAL ABERDARE
- GROUND FLOOR SALES 1,672 SQ FT
- FIRST FLOOR (1,790 SQ FT), SECOND FLOOR (1,659 SQ FT)
- PLANNING APPROVAL TO UPPER FLOORS FOR SIX ONE-BED FLATS & ONE TWO-BED FLAT
The property is located in the prime retail trading area of Aberdare Town Centre. Aberdare lies 20 miles north west of Cardiff and 7 miles south-west of Merthyr Tydfil. A mix of national and local retailers are located in the direct vicinity.
DESCRIPTION
A three storey terraced property, with a ground floor retail unit and two upper floors, which previously traded as an A3 venue, having independent access from Cardiff Street.
ACCOMMODATION
| Sq M | Sq Ft | |
| Ground Floor | 155 | 1,672 |
| ITZA | 64 | 688 |
| First Floor | 166 | 1,790 |
| Second Floor | 154 | 1,659 |
| Total | 475 | 5,121 |
RATEABLE VALUE
Ground floor: £15,250
UBR for Wales 2021/22 is 53.5p in the £
Council tax for upper floors to be set following redevelopment
PLANNING
The upper floors are vacant but have just received planning approval to re-develop to provide 6 No: one-bedroom residential flats and 1 No: two-bedroom flat.
Application No: 21/0773/10
POTENTIAL INCOME
Estimated rent of £12,500pax for the ground floor accommodation.
TENURE
Freehold.
ASKING PRICE
Offers in the region of £295,000
LEGAL COSTS
Each Party responsible for their own costs
EPC
TBA for ground floor.
VAT
Our clients reserve the right to charge VAT on the sale price.