No longer on the market
This property is no longer on the market
Floorplan
Map2 bedroom flat
Town centre location
Sold STC
Flat
2 beds
2 baths
1668
Key information
Tenure: Freehold
Council tax: Band B
Broadband: Ultra-fast 1800Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Commercial space downstairs
- Self contained 2 bedroom flat upstairs
- Two reception rooms
- Courtyard garden
- Located in the center of Hay-on-Wye
- Leased until 31st March 2025 for immediate income
An exciting opportunity to purchase a self contained two bedroom apartment with commercial space located in the centre of Hay-on-Wye.
Property Details
Chancellors is proud to present this property located in the heart of Hay-on-Wye. Situated in a central location, this offering encompasses both commercial and residential spaces, providing investment opportunity.
The ground floor boasts three retail areas, plus a staff toilet. The current shop tenants run a thriving outdoor clothing and walking gear business. With its strategic positioning and high foot traffic, this commercial unit presents an excellent chance to capitalize on the retail atmosphere of Hay-on-Wye.
Ascending to the upper levels, you'll discover a two bedroom flat spread over two floors. The first floor features two reception areas that offer versatile living and entertainment spaces, a kitchen, and a shower room with toilet and washbasin. The second floor comprises two bedrooms and a bathroom, with bath, shower over, toilet and washbasin. Currently, the upstairs flat is utilised for stock storage, for the ground floor business operation.
A further feature of this property is the flat's courtyard garden, providing a outdoor space right in the centre of the town.
It is important to note that the shop tenants have a Commercial Lease that runs until 31st March 2025, thereby ensuring a steady stream of income until then. The shop tenants have also leased the residential flat on a residential Converted Periodic Contract (formerly a Statutory Periodic Tenancy), which is subject to six months notice.
Whether you're an investor looking to benefit from an established retail business, or a homeowner seeking a picturesque dwelling in the heart of Hay-on-Wye, this property caters for both aspirations seamlessly.
Contact us to arrange a viewing and explore the endless possibilities that this property has to offer.
Property Details
Chancellors is proud to present this property located in the heart of Hay-on-Wye. Situated in a central location, this offering encompasses both commercial and residential spaces, providing investment opportunity.
The ground floor boasts three retail areas, plus a staff toilet. The current shop tenants run a thriving outdoor clothing and walking gear business. With its strategic positioning and high foot traffic, this commercial unit presents an excellent chance to capitalize on the retail atmosphere of Hay-on-Wye.
Ascending to the upper levels, you'll discover a two bedroom flat spread over two floors. The first floor features two reception areas that offer versatile living and entertainment spaces, a kitchen, and a shower room with toilet and washbasin. The second floor comprises two bedrooms and a bathroom, with bath, shower over, toilet and washbasin. Currently, the upstairs flat is utilised for stock storage, for the ground floor business operation.
A further feature of this property is the flat's courtyard garden, providing a outdoor space right in the centre of the town.
It is important to note that the shop tenants have a Commercial Lease that runs until 31st March 2025, thereby ensuring a steady stream of income until then. The shop tenants have also leased the residential flat on a residential Converted Periodic Contract (formerly a Statutory Periodic Tenancy), which is subject to six months notice.
Whether you're an investor looking to benefit from an established retail business, or a homeowner seeking a picturesque dwelling in the heart of Hay-on-Wye, this property caters for both aspirations seamlessly.
Contact us to arrange a viewing and explore the endless possibilities that this property has to offer.
About this agent
Centrally located on Castle Street, Chancellors’s estate and lettings agents in Hay-on-Wye is just a stone’s throw away from both Hay Castle and the town’s Tourist Information Board. For buyers and sellers, the branch is the perfect place to enquire about house prices in Hay-on-Wye, while letters and tenants can find out more about rental values. The wide range of sales and letting services available at our Hay-on-Wye branch include free, no-obligation market appraisals, an extensive portfolio of residential and commercial properties, land and new homes, property management support, and expert investment and market advice. Locations covered Hay-on-Wye and surrounding villages including Felindre, Bredwardine, Pont Ithel, Rhulen, Almeley, Rhosgoch, Cusop, Dorstone, Erwood, Llowes, Peterchurch and Clyro plus areas in between.