133 Commercial Street, Maesteg, CF34 9DW
- PROPERTY TYPE
Terraced
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Opportunity to acquire this freehold mixed use building with ground floor commercial unit and first floor rooms. Rear parking and development land in Maesteg.
Description
This Versatile freehold property offers a unique opportunity for investors, developers, or business owners, combining a ground floor commercial unit with a spacious first-floor space currently being used for storage but with its own independent entrance to the rear has potential for change of use and converted back to a flat for residential accommodation (subject to necessary consent). Located on Commercial Street in Maesteg, this property benefits from a prominent high street position with excellent visibility and foot traffic. Future income streams are available with the ground floor commercial unit, the potential change of use and conversion to a flat or apartment on the first floor and development on the land (subject to necessary consents).
The ground Floor commercial unit is currently operating as a long standing retail clothing store (Shiree") currently run by the owner of the building with an attractive storefront display. The interior is well-appointed throughout with extensive shelving and hanging space for merchandise. There is a dedicated dressing area for customer convenience with a communal staff area and WC facilities to the rear of the building providing essential amenities for business operations. The building whilst appearing to be structurally sound with a recently fitted new slate roof requires some modernisation in places both internally and externally but offers a solid foundation for a variety of retail or service-based businesses.
The first floor space (currently vacant and being used by the ground floor business for storage) offers spacious accommodation and various rooms - ideal for conversion subject to any necessary planning consents or continued use as storage if desired.
Additional benefits include generous space for parking to the rear with independent access to both the ground floor commercial unit and the first floor of the building providing flexibility for future development opportunities. There is land to the rear of the building with nearby road links presenting opportunity for building development subject to the necessary planning and consents.
Established location close to local amenities and transport links with potential for future growth and development. Maesteg offers a balanced mix of residential and commercial activity, making it an ideal spot for retail or investment opportunities.
Any further clarification please refer to the legal pack when available.
Accommodation
GF - Commercial unit, changing facilities, communal staff area and WC
FF - 3 Rooms, living/dining room, kitchen
Informed Freehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel and Co
Viewing
Viewing by appointment with Seel and Co
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
133 Commercial Street, Maesteg, CF34 9DW
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Visit our security centre to find out moreDisclaimer - Property reference 298966. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Seel & Co Ltd, Cardiff - Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Seel & Co Ltd, Cardiff - Auctions on 029 2271 6399.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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