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Commercial Street, Maesteg, Mid Glamorgan, CF34 9DF - Online Auctions

8 Commercial Street, Maesteg, Mid Glamorgan, CF34 9DF

£55,000
Commercial
About this Property
55000
Traditional
Commercial
Description

Bidding opens Monday 15th July 2024 at 13:00 and closes Tuesday 16th July 2024 at 13:00. Commercial Investment An opportunity to acquire a fully let town centre retail investment, currently let and producing £6500 per annum, on a 10 year FR & I term from 31/7/2023. We are advised by (VOA) that the property measures approximately 102.1 sqm/1099 sqft, set over two floors of accommodation. Based on the guide price, the investment presents a yield of 11.82%. Nearby occupiers include JD Wetherspoons (adjacent), Ladbrokes, Subway, Bargain Booze, and Cash Generator amongst other local businesses. Good access is provided to the M4, and a local train station is within 500 metres of the property.

Location
More Information
Freehold
Commercial Street
Commercial
Planing Authority
Bridgend
Sold Price History
11 Jun 1997Sold£40,000
08 Feb 2024Sold Lot Allsop£71,000

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