Mixed Use Property Blaenau Gwent NP20 £230,000 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

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Property Types

Auction date: Thu, 04/04/2019 - 18:00

Mixed retail/residential investment on busy road comprising a tenanted fish and chip shop to ground floor let until 2022 on a FRI lease at a rent of £15,000 p.a.x. There is a lock up unit which previously generated an income of £200 pcm. This could be used as archive storage or would be ideal for a sandwich bar or nail bar. Upper Floors: A large vacant flat which could generate an income of £500 pcm, there is potential to convert this to a 3/4 bed HMO, subject to the relevant planning consents

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Tagged
wales tenant selling retail residential property auction newport portfolio NP20 lease investment character buy to let blaenau gwent

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