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Terraced house for sale
Commercial Street, Maesteg, Bridgend. CF34
£150,000
Commercial Street, Maesteg, Bridgend. CF34
£150,000
Our Summary
- ***investment opportunity available immediately*** Situated on Commercial Street in Maesteg town centre
Description
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**The Property**
This is a substantial three-storey building positioned in the heart of Maesteg town centre on the busy Commercial Street. It is currently occupied under two separate long-term leases, which secures a consistent and reliable income stream. The ground and first floors are dedicated to a well-established hairdressing salon, which contributes to the property's appeal by providing a visible and active presence on the high street. Below this, the basement has been converted into a large self-contained storage unit, offering additional income potential and versatility. The property is currently generating approximately £1,000 per calendar month, making it an attractive investment opportunity for those looking to invest in the retail and commercial sector.
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**The Opportunity**
The investment opportunity presented by this property on Commercial Street in Maesteg offers a dual income stream from two separate tenancies. The upper two floors are leased to a successful hairdressing salon, which not only contributes to the property's income but also enhances the street-level vibrancy of the town centre. The basement, meanwhile, provides a substantial storage unit, which is separate and self-contained, ensuring privacy and flexibility for the tenant. With an approximate rental income of £1,000 per month, this property represents a solid investment with a proven track record of steady income. It is an ideal opportunity for investors seeking a property with secure tenancies and a strategic location in a bustling town centre.