A Commercial Investment Producing £15,000 per annum

Description

The property comprises a ground floor shop situated within a mid terrace building arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 999 year lease from 30th March 1995 (thus approximately 980 years unexpired).

Location

John Street is situated off the High Street in the heart of Merthyr Tydfil town centre. Near mulitples include Lloyds TSB, Orange and WH Smiths. Transport links provided by Merthyr Tydfil rail station.

Exterior

The property benefits from rear vehicular access for loading.

Tenancy

The property is let to St David's Foundation on a FRI lease for a term of 5 years from July 2009 at a rent of £15,000 per annum.

Accommodation (2nd Column)

Ground Floor
Internal Width 21'10" widening to 26'7"
Shop & Built Depth 76'4"
Rear Store Area approx 225 sq ft (20.9 sq m)
Office Area approx 80 sq ft (7.4 sq m)

Viewing Details

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Addendum

Withdrawn

Joint Agent

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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