Pontypridd is located 11 miles north west of Cardiff’s city centre. The property occupies an excellent position on Taff Street, which is Pontypridd’s prime retailing thoroughfare. Pontypridd has a resident population of 33,000 (2011 census) and is also home to the University of South Wales with some 18,000 students. The property is next door to Shaws the Drapers and the British Red Cross. Other retailers in close proximity include Peacocks, Iceland and Holland & Barrett.
The property comprises a mid-terrace two storey property with ground floor retail and upper floor ancillary accommodation. The property is held on the basis of a 3 year full repairing and insuring lease to Bush Healthcare Limited at a current rent of £20,000 per annum effective May 2016.
Offers in excess of £195,000 are invited. This reflects an attractive net initial yield of 10.06% assuming purchaser’s cost of 1.96%.
Investment - 20 Taff Street, Pontypridd, CF37 4UA
Type: Retail, Healthcare, General Retail, Retail - High Street, Other, Other Property Types & Opportunities
20-20a Taff Street, CF37 4UAGBPontypriddMid GlamorganCF37 4UA20-20a, Taff Street
The subject opportunity comprises a mixed 2 & 3 storey former Court building situated on a site of 1.22 acres (0.485 hectares) positioned on Union Street within close proximity to the train station and approximately 1/4 mile from the town centre. The property comprises a detached building with brick elevations under a flat roof. Internally the property has a mixed layout with Court rooms surrounded by various offices, ancillary areas, meeting rooms, etc. The property has benefit of a substantial car park to the side part of the site with a rear holding yard.
- Unique opportunity to acquire a development site within close proximity to Pontypridd Town Centre - Subject opportunity comprises a mixed 2 & 3 storey former court building situated on a site of 1.22 acres (0.485 hectares) - Opportunity offers the potential for a variety of alternative uses for both a comprehensive redevelopment or refurbishment - subject to planning permission
Mixed Use Development Opportunity in Pontypridd For Sale
Type: Healthcare, General Industrial, Land, Leisure Property, General Retail, Office, Residential, Other Property Types & Opportunities, Industrial, Commercial Land, Licensed & Leisure, Retail, Offices
Pontypridd Court, Union Street, Pontypridd, CF37 1SDGBPontypriddCF37 1SDUnion Street