Frogmore Street, Abergavenny NP7 Detached house for sale

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Frogmore Street, Abergavenny NP7 Detached house for sale

Frogmore Street, Abergavenny NP7
£175,000

Our Summary

  • FOR SALE BY PUBLIC AUCTION: The auction will take place online on 28th October 2025 at 05:15 PM with registration through our website
  • 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
  • Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction

Description

This freehold investment property in Abergavenny town centre comprises three retail units, generating a total rental income of £24,000 per annum, representing an initial gross yield of 13.7%. The property, a former chapel, has been converted and features two ground floor units and a first-floor studio and flower workshop. The units are let to various tenants, including a mini-market, a performing arts academy, and a florist and flower school, with rental income ranging from £7,000 to £8,500 per annum. The property is located on the A40, making it easily accessible and close to the town's prime retail area. The auction will take place online on October 28th, 2025, with a buyer's premium of 1.2% and a minimum of £1,200 (inc VAT) payable on exchange of contracts.