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£325,000 OIRO
Council tax band: TBC
We are excited to bring to market this impressive commercial property situated in Cwmbach. Having been the long-standing home of Specialist Cars, a successful car sales business, this property presents a prime opportunity for investors or entrepreneurs looking for a versatile space with excellent potential.
On the ground floor, the property features a spacious and well-lit showroom, perfectly designed for displaying vehicles or other products. This welcoming area provides a professional first impression and offers ample space for a variety of uses.
The first floor comprises six offices, a kitchen, and a W.C., making it ideal for administrative operations or flexible commercial purposes. These facilities provide a functional and comfortable working environment to support your business activities.
Externally, the property boasts a large forecourt, offering significant room for vehicle display, customer parking, or other outdoor needs. Positioned in a well-established commercial hub, the unit benefits from its proximity to prominent neighbouring businesses such as ATS, Robert Price, Ford, and LBS, ensuring high visibility.
The layout makes this property suitable for a range of commercial ventures, from car sales and workshops to retail operations.
This is a rare opportunity to acquire a substantial and strategically located commercial unit in a thriving area. Whether you are expanding your investment portfolio or seeking a dynamic base for your business, this property is a must-see.
The village of Cwmbach, situated in the picturesque region of Aberdare. This delightful village offers a wonderful blend of natural beauty, a strong sense of community, and convenient amenities.
Nestled amidst rolling hills and stunning landscapes, Cwmbach is a haven for nature lovers. The village is surrounded by lush greenery, providing ample opportunities for outdoor activities such as scenic walks, hikes, and leisurely strolls. Nature enthusiasts will appreciate the tranquil surroundings and the chance to explore the nearby breath-taking countryside.
Cwmbach is also home to a vibrant community that takes pride in its heritage and camaraderie. The village boasts a warm and friendly atmosphere, with residents known for their welcoming nature and community spirit. Local events and gatherings foster a sense of togetherness, offering opportunities to connect with neighbours and forge lifelong friendships.
In terms of amenities, Cwmbach provides convenient access to essential services and facilities. The village features local shops, supermarkets, and convenience stores, ensuring that residents have easy access to daily necessities. Additionally, there are restaurants, cafes, and pubs where you can indulge in delicious meals or enjoy a leisurely drink with friends.
For families with children, Cwmbach offers a range of educational options. There are local primary schools and secondary schools within the vicinity, providing quality education and nurturing environments for young learners.
Cwmbach's location also offers excellent transport links, facilitating easy commuting and exploration of the surrounding areas. The village is well-connected to major road networks, allowing for convenient access to neighbouring towns and cities. Public transportation options are readily available, providing hassle-free connections to nearby amenities and attractions.
Within close proximity to Cwmbach, you'll find the town of Aberdare, which provides additional amenities and services. Here, you can explore a wider range of shopping opportunities, entertainment venues, cultural attractions, and recreational facilities.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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