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Cross Street, Abergavenny

Key features

  • Investment Opportunity
  • Freehold Property
  • Ground Floor Retail Space
  • Five Two bedroom Appartments
  • 200m From Town Centre
  • Gross Income £43,400 p.a.

Description

An excellent freehold investment opportunity located in a busy secondary shopping area just 200 metres from the centre of Abergavenny. The property comprises a ground floor lock up Class E (formerly A1) retail space of some 415 Sq Ft. The shop unit is currently let at an annual rent of £8,000.00 which is due for renewal later in 2024. To one side of the retail space is a separate Front Entrance door which leads to an inner hallway with a private entrance door to a ground floor, two bedroomed flat at the rear of the building. Within the communal hallway is a staircase which provides access to the first and second floors, each of which has two separate, self-contained two bedroom flats giving 5 x two bedroomed apartments in total all of which have been continuously let on Occupational Contracts (previously Assured Shorthold Tenancies) for some 13 years. The gross income from the property currently stands at £43,400 per annum which equates to a yield of just over 7% and this is due to rise this year to £47,000 following rent reviews of the flats. For further details, please contact owners agent Christie Residential

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Cross Street, Abergavenny

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  • Abergavenny Station0.4 miles
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About the agent

Christie Residential, Abergavenny

53 Cross Street, Abergavenny, NP7 5EU

Christie Residential, Abergavenny

Christie Residential is an independent estate agency dedicated to providing exceptional service to buyers and sellers in the Abergavenny / Crickhowell area. Company director, Philip Christie spent 10 years from 2004 building Surehomes Estate Agents into market leaders, most clearly illustrated at the end of 2014 when achieving the most completed sales in the NP7 area. Deciding the time was right to build upon this success, Philip and his team seized the opportunity to rebrand as Christie Resi

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Industry affiliations

National Association of Estate AgentsAssociation of Residential Letting Agents

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Disclaimer - Property reference 12339128. 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 Christie Residential, Abergavenny. 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.

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