Victoria Square Aberdare. Substantial Investment property for sale by private treaty (not auction).

A substantial property comprising of three shops and two large upper floors spanning the length of the building that were previously used as solicitors offices. The three shops (the centre one including the upper floors) are under long term lease agreements generating over £25,200 per annum. The remaining lease terms on the shops range from 2 to 9 years giving the new owners a guaranteed minimum rental income of £50,400 over the first two years of ownership.

Viewing by appointment. Contact steve@propertyauctionscymru.com

Tenure is freehold and offers over £210,000 will be considered.

There is scope to convert the upper floors to apartments or a (HMO STPP) after reconfiguration and depending on the number of apartments would generate further income. The current rental income in the area for a two bed apartment is circa £600 to £650 pm. The upper floors have a separate entrance to the side of the shops.