MAIN FEATURES

FREEHOLD PROPERTY

COMPRISING A MODERN SHOP UNIT

& TWO INCOME PRODUCING

SELF CONTAINED FLATS

BUSY AWARD WINNING

TOWN CENTRE LOCATION

WITH HIGH FOOTFALL

NO CHAIN

DESCRIPTION & LOCATION; Barbara Rees Commercial is pleased to offer for sale this modern freehold property, comprising of two self contained residential flats, additional rear land with a storage unit, plus the ground floor retail unit.

The property is located in a prime high street location in the award winning town centre of Treorchy in Rhondda Cynon Taff, where the high street has full occupancy and is represented by a healthy mix of national retailers, including, Iceland, Boots, Superdrug, Tui, Greggs, many local traders, several food, leisure and office users, plus a branch of the Principality Building Society and a nearby Co-operative and Lidl store.

VIEWING & DIRECTIONS; Strictly accompanied viewing only, by prior appointment via Barbara Rees Commercial and local directions will be provided following confirmation of viewing.

THE PROPERTY; Brick / stone construction / slate roof, three storey mixed use / retail / residential with a modern display window shop front / security roller shutters and direct access of the high street.

GROUND FLOOR; 115.47 sq mt (1,242 sq ft) retail sales / stores / staff room, fitted shelving and gondola display units, acoustic tiled ceiling with diffused lighting, CCTV & alarm systems, rear delivery access. Separate access to the upper parts flats.

EXTERIOR; Enclosed secure compound with a partially covered concrete surface area, rear delivery access and an additional plot of land with a storage container.

USER; Believed to fall within use class A1 (1987 planning act use class orders as amended).

NATIONAL NON DOMESTIC RATES; RV = £ 9,680, multiplier = 0.535 (extract taken from the 2023 rating list), Local authority Rhondda Cynon Taff.

ENERGY RATING; Ground floor shop = C / 73.

UPPER PARTS;Two modern, self contained residential flats arranged over two floors, currently let and income producing.

USER; Believed to fall within use class C3 (1987 planning act use class orders Wales, as amended).

FLAT ONE; 68 sq mt ( 732 sq ft ) Lobby / entrance hall, lounge, two bedrooms, fitted kitchen, bathroom, GCH & DG.

Passing rent £ 600-00 p/c/m.

Energy rating = E / 50. Potential = C / 73.

FLAT TWO; 68 sq mt ( 732 sq ft) Lobby / entrance hall, lounge two bedrooms fitted kitchen, bathroom, GCH & DG.

Passing rent £ 575-00 p/c/m.

Energy rating = E / 52. Potential = C / 73.

ASKING PRICE; £ 335,000.

GENERAL NOTES; Any information contained herein should be verified by prospective purchasers or their advisors prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain both personal and residence identification from all purchasers / ingoing tenants where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. Barbara Rees is advised that the property has the benefit of all mains services although this and the adequacy and condition of any and all equipment / fixtures and fittings, should be confirmed by the prospective purchaser / tenant or via the acting solicitors. The current residential tenants have expressed a wish to remain in occupation post sale.

COMMERCIAL MORTGAGE / BUSINESS LOAN; Available subject to status, please ask for an appointment with our independent financial advisor.

In addition to our core services, of residential and commercial property sales and lettings, we operate an in house maintenance, building and refurbishment facility, as well as linked professional services from Surveying through to Independent Financial and Mortgage advice, plus Legal Services via our preferred partner companies. Barbara Rees was originally set up and founded in 1984 by Barbara & Jacqueline Rees, whilst J. Paul Rees initially held a consultancy role, to provide financial services to our clients. The head office was opened on Crwys Road in Cathays Cardiff, where we still remain to this day. J. Paul Rees later joined the business in a full time capacity as managing director, hence, we really are a true family business, that goes that extra mile, to offer our clients a personal, professional and caring service. By 1991, selectively targeted growth, diversification and expansion of our activities gave rise to a strategic review and re-structure of our business model, thus leading to the incorporation and segmentation of the business, to more accurately reflect our overall and individual group activities. We now cover property sales and lettings in all areas of Cardiff, Pontypridd, Llantrisant, the Rhondda and near by Valleys to the North West of Cardiff, M4 and A470 corridors. Indeed, we are proud of our roots, heritage and tradition, as we recognize and appreciate the fact that "most our business is derived from recommendation and referral" with clients retuning year after year for us to let and manage their property, as well as undertaking repeat sales, for both business and personal clients, as their needs change, and assets grow. So what of the future, well, Barbara Rees has established a name for quality and personal service and we see no need to change that, but we do recognize the need to change with the times and whilst many independent agents, may be pondering their future, Barbara Rees is geared up for the long term, as change always offers opportunity, not adversity.

Mixed use for sale

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