Temple Street, Llandrindod Wells - £125,000

bedrooms 2 baths 1 receptions 1

An investor's dream! A mixed commercial and residential property currently producing £8,300pa with scope for renovation and modernisation in the residential portion on the top two floors.

Key Features

  • Investment & redevelopment property
  • Offices and flat in town centre location
  • Large rear car park
  • Current rental income of ground floor office and single first floor office £8,300pa
  • Three vacant first floor offices and second floor 2 bedroom flat
  • Scope for improvement and modernisation
  • Mains water, electricity and drainage
  • Mixed use property

Brighton & Winchester House is a mid-terraced mixed commercial and residential property being sold as part residential and part commercial investment and redevelopment. The property is constructed in brick, under a pitched slate clad roof. Also to the rear is a sizeable car park with shared access off Craig Road.

The property has a central location within the County Town of Llandrindod Wells and within the towns Conservation Area. All facilities are within easy distance of the property.

Llandrindod Wells is a former Edwardian Spa Town and has a central location within Mid-Wales.

This is a unique opportunity to purchase a part investment property producing £8,300 p.a. for the ground floor office tenanted by Morgan & Co Estate Agents and a single office to the first floor. The remaining 3 offices are vacant with currently shared kitchen and WC facilities.

To the second floor is a self-contained flat with 2 bedrooms, bathroom, kitchen and living room with three attic rooms. This is in need of renovation and modernisation.

To the rear of the property is a sizeable hard core car park.

TENURE Freehold but subject to existing tenancies to the ground floor and single first floor office.

OUTGOINGS Current Rateable Value of £6,900 for ground floor offices. The first floor front office has a Rateable Value of £3,000, the middle of £1,225 and the rear of £1,875. The flat is Council Tax Band B.

VIEWING Strictly by appointment.

SERVICES The property is connected to mains electricity, water and drainage. Please note we have not tested the services and appliances.

AGENTS NOTES In accordance with the Estate Agents 1979 Act we advise that the vendor of the property is a member of staff at James Dean the Estate Agents.

According to Uswitch the property has the following internet speeds. Please note you should always confirm this by speaking to the specific provider you would like to use. This is for guidance only.

Fibre: Up to 150Mb

Non-Fibre: Up to 11Mb (Estimated 7.5Mb)

The property is located on the fringes of the popular Llandrindod Wells, which is the county town of the largest county in Wales, Powys. Offering an extensive range of retail, recreational and educational facilities the Spa Town is a popular destination for visitors due to the picturesque surrounding countryside and mixture of beautiful Victorian and Edwardian town houses. Llandrindod is easily accessible by both rail and road with several local bus services in and around the area, neighbouring towns and villages. There is outstanding education available in the area, with several primary schools, a comprehensive secondary school and sixth form. Llandrindod also boasts The Albert Hall theatre, the National Cycle Collection museum and the large man-made lake and accompanying sculptures. The town also hosts the annual Victorian Festival Many where locals and visitors dress in antique costumes, and the whole town steps back in time. The town itself boasts many sporting and recreational facilities including a Football Club, Rugby Club, an international standard outdoor bowling green which hosts national and international events and a newer indoor bowling centre and highly regarded 18 hole golf course and driving range. There is also a leisure centre with full sized swimming pool, gym, AstroTurf pitch and indoor sports hall. Situated within the Wye Valley, an area of natural beauty and close to the Elan Valley at Rhayader, it is well-known as a walker’s paradise whilst the Red Kite feeding centre at Gigrin Farm offers a truly unique experience to see the rare and magnificent birds on a daily basis.

Floorplan for Temple Street, Llandrindod Wells, Powys
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