2 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- 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
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.
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Property reference 5129990. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Chancellors - Hay On Wye Sales.
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Broadband availability and predicted speed: obtained from Ofcom on May 22, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on May 22, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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