Flat for sale in Hay-On-Wye, Herefordshire HR3
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Property features
- Commercial space downstairs
- Self contained 2 bedroom flat upstairs
- Two reception rooms
- Courtyard garden
- Located in the center of Hay-on-Wye
- Leased until 31st March 2025 for immediate income
Property description
Property Description
An exciting opportunity to purchase a self contained two bedroom apartment with commercial space located in the centre of Hay-on-Wye.
Property Details
Chancellors is proud to present this property located in the heart of Hay-on-Wye. Situated in a central location, this offering encompasses both commercial and residential spaces, providing investment opportunity.
The ground floor boasts three retail areas, plus a staff toilet. The current shop tenants run a thriving outdoor clothing and walking gear business. With its strategic positioning and high foot traffic, this commercial unit presents an excellent chance to capitalize on the retail atmosphere of Hay-on-Wye.
Ascending to the upper levels, you'll discover a two bedroom flat spread over two floors. The first floor features two reception areas that offer versatile living and entertainment spaces, a kitchen, and a shower room with toilet and washbasin. The second floor comprises two bedrooms and a bathroom, with bath, shower over, toilet and washbasin. Currently, the upstairs flat is utilised for stock storage, for the ground floor business operation.
A further feature of this property is the flat's courtyard garden, providing a outdoor space right in the centre of the town.
It is important to note that the shop tenants have a Commercial Lease that runs until 31st March 2025, thereby ensuring a steady stream of income until then. The shop tenants have also leased the residential flat on a residential Converted Periodic Contract (formerly a Statutory Periodic Tenancy), which is subject to six months notice.
Whether you're an investor looking to benefit from an established retail business, or a homeowner seeking a picturesque dwelling in the heart of Hay-on-Wye, this property caters for both aspirations seamlessly.
Contact us to arrange a viewing and explore the endless possibilities that this property has to offer.
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Property reference 5129990
Property info
For more information about this property, please contact
Chancellors - Hay-on-Wye, HR3 on +44 1497 557984 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Chancellors - Hay-on-Wye, and do not constitute property particulars. Please contact Chancellors - Hay-on-Wye for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.