Commercial Property in Mid Glamorgan available for sale
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Commercial Properties for Sale in Mid Glamorgan

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More details for Neath Rd, Maesteg - Retail for Sale

Hartshorn House - Neath Rd

Maesteg, CF34 9EE

  • Retail for Sale
  • £135,000
  • 4,133 sq ft

Maesteg Retail for Sale

LONG LEASEHOLD INTEREST FOR SALE (88 YEARS UNEXPIRED), OFFERS IN THE REGION OF £135,000. We note the subject is held on a Long Leasehold interest for a term of 125 years from 12th March 1988 (88 years unexpired), which is subject to the payment of an initial Minimum Rent of £337.50 per half year or the Net Aggregate Underlease Rent (as overage). The Lease also has provisions for 5 yearly periodic rent reviews. At present, the subject premises benefits from the following rental income. Unit 3 - Occupied by My Aesthetics, producing a current rent passing of £250 pcm (£3,000 pa) plus service charge contributions of £45 per calendar month. We further advise that notice has been given by the Licensee to vacate the unit. Unit 6 - Occupied by Interiors in Bloom Florists & A1 Lettings and Sales, producing a current rent passing of £590 pcm (£7,080 pa) plus service charge contributions of £112 per calendar month. Unit 8 - Occupied by D&G Hair and Beauty, producing a current rent passing of £250 pcm (£3,000 pa) plus service charge contributions of £45 per calendar month. We further advise that notice has been given by the Licensee to vacate the unit. We have been advised that the previous expenditure for the subject premises was approximately £10,853 per annum, at 40% of the gross annual income, equating to a net rental return of approximately £16,098 per annum (if fully let), providing an attractive Gross Initial Yield (GIY) of 11.92%. The subject premises comprises a prominent corner ground floor retail unit forming part of an established landmark building, front the main intersection along the primary retail areas of Maesteg town centre. We note that the ground floor is currently subdivided to accommodate a number of smaller retail areas, forming part of a parade of independent units (known as Bowrington Arcade), which can be accessed internally off a communal corridor to the rear. Access over the ground floor accommodation is available via a stepped entrance off the main pedestrian walkway facing the main intersection, fronting the corner of Neath Road and Llynfi Road, while a secondary entrance point is also available over the side elevation, facing Upper Street. The individual retail units also appear to be supported by ancillary accommodation comprising communal w.c. facilities and additional storage areas to the rear of the communal corridor.

Contact:

Astley Chartered Surveyors

Date on Market:

30/01/2025
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More details for Fairlawn Ter, Pencoed - Retail for Sale

MJ Auto's - Fairlawn Ter

Pencoed, CF35 5NN

  • Retail for Sale
  • Price Upon Request
  • 1,500 sq ft
  • Smoke Detector

Pencoed Retail for Sale

Reference: 9248 MJ Autos is a well-established, family-owned independent garage that has been serving Pencoed and its surrounding areas for over 30 years. The business has built a strong reputation for its attention to detail and commitment to customer satisfaction. The owners are now seeking to retire, presenting a unique opportunity for a new proprietor to acquire this thriving enterprise. MJ Autos operates from a well-maintained facility set on a spacious plot at the end of a privately owned lane. The property includes an MOT bay equipped with a rolling road, brake tester, inspection pit, and MOT testing equipment. The workshop is fitted with a two-post ramp, diagnostic tools, and storage space for parts. Additionally, there is a fast-fit bay that includes a tyre machine, wheel balancer, and tyre racking. The premises also feature an office and reception area designed to accommodate customer reception, administrative tasks, and filing. An external yard provides ample parking and potential space for vehicle sales.

Contact:

Blacks Business Brokers

Property Subtype:

Vehicle Repair Garage

Date on Market:

26/11/2025
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More details for Nantcarn Rd, Cwmcarn - Leisure for Sale

Cwmcarn Forest Drive Visitor Centre - Nantcarn Rd

Cwmcarn, NP11 7FE

  • Leisure for Sale
  • Price Upon Request
  • 6,534 sq ft

Cwmcarn Leisure for Sale

Your Expression of Interest on the future development of Cwmcarn Forest and the opportunity to establish it as a prime destination for recreational activities within Wales and Nationally is sought by the Partnership of NRW and CCBC. The aim with this process is to ensure that when an Invitation to Tender is put to the market in early 2025, the Landowners and stakeholders are committed to the outcome of the process, working together to secure the best future for this site. Once a coal colliery linked to Abercarn and Newbridge, Cwmcarn Forest was reclaimed for leisure in 1972. Since then, it has become a popular location for tourism and recreation, featuring a unique seven-mile-long Forest Drive, which immerses visitors in an outstanding natural upland environment. In 2023, approximately 226,000 visitors stayed an average of 3 hours. Weekends and school holidays are bustling, with a steady weekday footfall too. The site is a magnet for mountain bikers, families, and dog walkers who are drawn to its extensive, well maintained network of ‘walking trails, cycle paths, play areas, and picnic spots—all within easy reach from multiple car parks.

Contacts:

Avison Young

Newmark

Date on Market:

18/11/2024
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