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Herbert Street, Pontardawe, Swansea Mixed use for sale
Herbert Street, Pontardawe, Swansea
£159,950
Herbert Street, Pontardawe, Swansea
£159,950
Our Summary
- We also advise that the residential accommodation is in need of refurbishment throughout, which also has the potential to accommodate a large 3/4 bedroom apartment or alternatively 2 no
- self-contained residential units, subject to obtaining the necessary statutory consents (subject to planning/ building regulation approval)
- Mid terraced mixed use investment opportunity
Description
The property is a three-story mixed-use premises located in the heart of Pontardawe town centre, with a prominent main road position fronting Herbert Street. The ground floor retail unit is currently occupied and let to Phil Thomas Opticians for a term of 10 years, producing a current rent of £9,000 per annum. The unit has a shop depth of 13.98m and benefits from ancillary accommodation, including a consultation room, staff kitchen, store area, and staff W.C. facilities. The upper floors comprise a self-contained two-story apartment, which is currently vacant and in need of refurbishment. The apartment has the potential to be converted into a large 3/4 bedroom apartment or two separate residential units, subject to obtaining the necessary statutory consents. The property also benefits from a small hardstanding to the rear, providing designated parking for 1-2 vehicles. The location is convenient for access to the main A474 and A4067 roads, as well as the M4 Motorway, and is close to established occupiers such as Greggs, Lloyds Bank, and Well Pharmacy.