Auction Property House 

Bargoed Terrace, Treharris

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Features

  • Auction date: 23rd & 24th October 2019
  • Ground floor retail
  • Freehold with vacant possession
  • First floor ancillary accommodation
  • Prominent corner position
  • In need of modernisation throughout
  • Approximately 241.7 Sq m (2,602 Sq ft)
  • Town centre location
  • Potential for residential conversion (subject to planning)
  • Excellent transport links

Address

1 Bargoed TerraceTreharrisGlamorganCF46 5RB
Details
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Property Details

•For Sale By Online Auction – 23rd & 24th October 2019
•Guide Price: £79,000+
•Town Centre Commercial/Development Opportunity
•Potential for residential conversion (subject to planning)
•Freehold with Vacant Possession

A freehold two storey and basement retail property occupying a prominent corner position on Bargoed Terrace. The property provides retail accommodation over ground floor level, which most recently operated as a Post office. The accommodation benefits from suspended ceiling with inset light panels, laminate and carpeted floors, aluminium shop front, security roller shutter doors, kitchen and wc facilities. There are two staircases leading to the first floor, which is laid out to provide a number of rooms and is in need of modernisation. The property offers potential for conversion to residential (subject to the necessary planning consents).

The property is situated on the corner of Bargoed Terrace and Perrott Street in the town centre of Treharris where there are a mixture of both national and local traders. Access to the A470 is nearby which in turn gives access to the M4 at Junction 32 providing links to Cardiff in the south and Bristol in the west.

Accommodation

Basement: 29.2 Sq m (315 Sq ft)
Ground floor: 114.1 Sq m (1,228 Sq ft)
First floor: 98.4 Sq m (1,059 Sq ft)
Total GIA: 241.7 Sq m (2,602 Sq ft)

Services

We understand the property to have mains electricity, gas, water and drainage. However, interested parties are advised to make their own enquires.

Tenure

Freehold

Investment Analysis

The property provides potential for residential redevelopment over the first floor and the ground floor provides flexible options to reconfigure the space into two self-contained units (subject to the necessary planning consents).

Business Rates

The property has a ratable value of £8,200 per annum. Rates payable (2019/20) is approximately £4,313.20

Guide Price

£79,000+

VAT

VAT if applicable will be charged at the standard rate.

Buyer's Premium

2% (min. £3,600) inc. VAT

Viewings

Viewings are by appointment only. Please contact one of our agents on 0115 970 6060 or email property@johnpye.co.uk

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If you are thinking of selling your property, contact us now for a free appraisal and benefit from:

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