4Bedrooms
0Bathrooms
0 sqmSize
Strategy: Mixed Use
FOR SALE BY ONLINE AUCTION - Lot 96 -Commercial/Residential investment opportunity
ONLINE AUCTION from 7th OCTOBER - 9th OCTOBER 2025
A mixed use property in a busy and popular South Wales valleys village comprising a double fronted shop on the ground floor front of building and residential parts above and to the rear, with separate access from the rear.
The residential part is currently configured as a ground floor studio flat with its own entrance and first floor flat with kitchen and 3 ensuite rooms.
The property will be given with vacant possession of the residential parts and the commercial unit part tenanted.
VIRTUAL TOUR
Ground Floor: Double fronted retail unit to front with retail sales area. Rear studio flat with kitchenette and shower room/ w/c
First Floor: 3 en-suite bedrooms kitchen
Outside: Rear Yard
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
From 2022 to August 2025, the residential parts have been rented with a mix of long and short term contracts. In view of the pending sale, we are only taking short term bookings up to end August 2025.
The rents are: Self-contained studio flat at £200/week and ensuite rooms in the flat at £150/week. At full occupancy per week it's £650/week and we have around 70% occupancy on these rooms - so average £455/week giving £1970/month.
The left side of the shop (m2) is currently rented on a 5 year lease at £300/month and the right side of the shop (m2) is available to rent at £300/month. There is a shared toilet.
Shop tenants pay all bills, business rates, and maintain the shop themselves so there is only insurance costs on landlord side.
Total income potential based on current use and figures up to August 2025: £2570/month
Sourced reference: 167161607
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
Newport
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