Castle Street, Hay-on-Wye, Hay-on-Wye, Herefordshire

Commercial
Ref: 
5010

£325,000Guide price

Contact

HarryAldrich-Blake

01497 822522
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A freehold investment opportunity situated in a prime location within the town. Currently leased ( terms available upon request).

Description

An excellent and high-quality investment property found in the heart of Hay-on-Wye.
The property benefitted from extensive works by the current owner in 2002 including a new roof, a stone floor with under-floor central heating (radiators upstairs) and re-wiring.
Overall the property extends to approximately 130 sq metres of ground and first floor retail space with useful stock rooms and excellent window frontage. The property is currently let as one unit however it could easily be split into two smaller units in the future.
The property is laid out as two separate premises with separate heating and wash room facilities found in both, however at present is currently leased as one unit.
The property is constructed of solid stone elevations with internal timber beams with a pitch tiled roof and single storey extension to the rear. Outside there is a small courtyard area.

Location

Hay-on-Wye is found in the heart of the Wye Valley on the England/Welsh border. It is a vibrant market town and an ever-increasing popular tourist destination. Hay-on-Wye also known as The Town of Books for its variety of second hand bookshops as well as antique shops, independent shops, boutiques, high-quality outlets, restaurants, public houses and a bustling Thursday market. Other facilities include a primary school, post office, library and bank.
The local area provides a wide range of local activities and recreations found close to The Black Mountains and The Brecon Beacons National Park.
Castle Street is one of the main thoroughfares through the town for pedestrians directly accessed from the main car park.

Lease Terms

The property is currently let and further information with regards to the lease can be made available upon request.

Current Rateable Value

Rateable Value £13,250 as provided by the Valuation Office Agency.

Services

We are advised that the property is connected to mains water, mains electricity, mains gas and mains drainage. Please note the services or service installations have not been tested.

Directions

Turn left from the office, at the top of the incline turning right into Castle Street continue along this road for approx 90 yards where the property will be seeen on the left hand side of the street.

Viewing and Contact Details

All viewings must be arranged through the selling agents Sunderlands. Contact tel: 01497 822522
Office opening hours: Mon - Fri -9.00am - 5pm. Sat 9.00am - 1.00pm
Out of hours contact Harry Aldrich-Blake 07727 410757

None of these statements contained in these particulars are to be relied upon as statements or representations of fact. These particulars are not an offer or contract or part of one. Floor plans are provided for guidance as to the layout of the property only. Room sizes and measurements are approximate only. Please note we have not tested the equipment, appliances and services in the property and interested parties are advised to commission appropriate investigation before formulating their offer.

Sunderlands are a member of the ‘Ombudsman for Estate Agents Scheme’ and therefore adhere to their Code of Practise. A copy of the Code of Practise is available on request.

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