£245,000

Talbot Street, Maesteg CF34 9BW

Property Features

2

Bedrooms

2

Bathrooms

2

Receptions

Property Description

ATTENTION INVESTORS!
Ferriers Estate Agents are pleased to offer this mixed use property in a prime location in Maesteg town centre. Located within a stones throw of Maesteg bus and train stations, providing ample foot traffic. The property is configured with a shop front commercial area and office, a second commercial area to the rear and two flats to the first and second floors. In the last five years, this property has been refurbished throughout, including a new pitched roof, new flat roof to rear, both flats refurbished and ground floor re-configured to create space for two businesses.
All areas are currently let and offer a 9% return (Based on current asking price).
Shop front commercial area has a five year FRI lease in place which expires on October 31st 2027.
Rear commercial area has a commercial lease in place which expires on February 20th 2027.
Tenure = Freehold (TBC by a legal representative)
EPC Rating = E

SHOP FRONT COMMERCIAL AREA

Entrance Office

Dimensions: 5.22 x 2.11 (17'1" x 6'11")

Entry via aluminium door. Aluminium shop window, skimmed ceiling, skimmed and wood panelled walls, fitted carpet and door to:

Rear Office

Dimensions: 5.36 x 5.11 (17'7" x 16'9")

Skimmed ceiling, skimmed walls, fitted carpet, electric radiator, storage cupboard, door into:-

Staff Kitchen

Dimensions: 2.76 x 1.57 (9'0" x 5'1")

Skimmed ceiling, skimmed walls, fitted carpet, radiator, a range of base and wall mounted units with a complementary work surface housing a stainless steel sink/drainer, door into:-

W.C.

Dimensions: 1.62 x 1.11 (5'3" x 3'7")

Skimmed ceiling, skimmed walls, fitted carpet, low level W.C. and a slimline vanity wash hand basin.

Side Entrance

Accessible via a door to the left hand side at the front of the building. Skimmed ceiling, skimmed walls, fitted carpet, carpeted staircase leading to the first floor, fire door into:-

REAR COMMERCIAL AREA

Inner Hall

Skimmed ceiling, skimmed walls, fire door into:-

Room One

Dimensions: 5.28 x 3.37 (17'3" x 11'0")

Skimmed ceiling with roof light and LED strip lighting, skimmed and spray painted walls, wood effect laminate flooring, radiator, opening into treatment room 1, fire door into:-

Room Two

Dimensions: 3.57 x 3.23 (11'8" x 10'7")

Skimmed ceiling with LED strip lighting, skimmed walls, fire door into:-

Kitchen

Dimensions: 2.32 x 1.70 (7'7" x 5'6")

Skimmed ceiling, skimmed walls with tiled splash backs, a range of base units with a complementary work surface housing a stainless steel sink/drainer, fire door to the side providing rear access, door into:-

Treatment Room One

Dimensions: 4.16 x 2.38 (13'7" x 7'9")

Skimmed ceiling with LED strip lighting, skimmed and spray painted walls, wood effect laminate flooring, radiator, door into:-

Treatment Room Two

Dimensions: 3.05 x 2.14 (10'0" x 7'0")

Skimmed ceiling, skimmed walls, wood effect vinyl flooring.

W.C.

Dimensions: 1.73 x 0.94 (5'8" x 3'1")

Skimmed ceiling, skimmed walls, radiator, two piece suite comprising a slimline vanity wash hand basin and a low level W.C.

First Floor

Landing

Skimmed ceiling, skimmed walls, fitted carpet, uPVC double glazed window to the rear, carpeted staircase leading to the second floor, fire escape door to rear and door into:-

FLAT ONE

Hallway

Skimmed ceiling and walls, fitted carpet and four doors off.

Lounge

Dimensions: 3.5 x 2.7 (11'5" x 8'10")

Skimmed ceiling and walls, fitted carpet, radiator and uPVC double glazed window to front.

Kitchen

Dimensions: 3.5 x 2.2 (11'5" x 7'2")

Skimmed ceiling and walls, wood effect laminate flooring, radiator, a range of base and wall mounted units with a complementary work surface housing a stainless steel sink/drainer, integrated oven, hob and extractor, space for washing machine and under counter fridge, uPVC double glazed window to rear

Bedroom

Dimensions: 3.5 x 3.5 (11'5" x 11'5")

Skimmed ceiling and walls, fitted carpet, radiator and uPVC double glazed window to front.

Shower Room

Dimensions: 2.6 x 0.9 (8'6" x 2'11")

Skimmed ceiling, skimmed and tiled walls, wood effect laminate flooring, towel rail radiator, shower cubicle and open to:

W.C

Dimensions: 2.6 x 0.9 (8'6" x 2'11")

Skimmed ceiling, skimmed and tiled walls, wood effect laminate flooring, uPVC double glazed window to rear and a two piece suite comprising a low level W.C. and pedestal wash hand basin.

Second Floor

Landing

Skimmed ceiling, skimmed walls, fitted carpet, uPVC double glazed window to the rear, fire door into:-

FLAT TWO

Hallway

Skimmed ceiling, skimmed walls, fitted carpet, four doors off:-

Lounge

Dimensions: 3.56 x 2.92 (11'8" x 9'6")

Skimmed ceiling, skimmed walls, fitted carpet, uPVC double glazed window to the front.

Kitchen

Dimensions: 3.51 x 2.27 (11'6" x 7'5")

Skimmed ceiling, skimmed walls with tiled splash backs, wood effect vinyl flooring, radiator, a range of base and wall mounted units with a complementary work surface housing a stainless steel sink/drainer, electric oven and an induction hob with a chrome chimney style extractor above, space and plumbing for a washing machine, space for a fridge/freezer, uPVC double glazed window to the rear.

Bedroom

Dimensions: 3.56 x 3.13 (11'8" x 10'3")

Skimmed ceiling, skimmed walls, fitted carpet, radiator, uPVC double glazed window to the front.

Shower Room

Dimensions: 2.15 x 1.73 (7'0" x 5'8")

Skimmed ceiling, skimmed walls, wood effect vinyl flooring, ceramic heated towel rail, three piece suite comprising a corner shower cubicle, pedestal wash hand basin and a low level W.C.

Key Features

INVESTMENT OPPORTUNITY
Mixed Use Property
Town Centre Location
Two Ground Floor Commercial Units
Two Flats (One Bed) to First and Second Floors
9% Yield (Based on asking price)
Tenure = Freehold (TBC by a legal representative)
EPC = E
Council Tax band = A

Floor Plans

Energy Performance

EPC Rating