No longer on the market
This property is no longer on the market
MapResidential development
Auction
Residential development
Features and description
- Advised Freehold - to be verified by solicitor
- The tenants have recently given notice which is due to expire on the 26th of September 2023
FOR SALE BY AUCTION - -Lot 49 - Prominent Commercial Development Suitable for Conversion to Mixed Use Commercial and Residential
ONLINE AUCTION from 29th AUGUST-31st AUGUST
A commercial development located in one of the most prominent positions in Pontypool. This unit is a substantial building which benefits from being situated on the corner of Commercial Street and Market Street, and therefore gains maximum exposure.
The building is currently tenanted by Harris Health and generates a rental income of £12,000 pa. The tenants have recently given notice which is due to expire on the 26th of September 2023.
The building is comprised of a two storey element and a three storey element, subject to the relevant planning consents may suit conversion to a mixed development with potential for a two bedroom flat and a studio. There is also lapsed planning permission to extend the two storey element to create a three story dwelling throughout.
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
The tenants have recently given notice which is due to expire on the 26th of September 2023
ONLINE AUCTION from 29th AUGUST-31st AUGUST
A commercial development located in one of the most prominent positions in Pontypool. This unit is a substantial building which benefits from being situated on the corner of Commercial Street and Market Street, and therefore gains maximum exposure.
The building is currently tenanted by Harris Health and generates a rental income of £12,000 pa. The tenants have recently given notice which is due to expire on the 26th of September 2023.
The building is comprised of a two storey element and a three storey element, subject to the relevant planning consents may suit conversion to a mixed development with potential for a two bedroom flat and a studio. There is also lapsed planning permission to extend the two storey element to create a three story dwelling throughout.
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
The tenants have recently given notice which is due to expire on the 26th of September 2023
About this agent
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.