41 John Street

Porthcawl, CF36 3AP

2,153 sq ft

Prominent Mixed Use Retail / Residential Investment Opportunity For Sale

Summary

Ground Floor Retail Let to Wayne & Byron Davies Optometrists Limited
Prominent High Street Position
Two newly refurbished 2 bedroom flats to the upper parts sold with vacant possession
A new 5 year lease will be granted to Wayne & Byron Davies Optometrists Limited at a rent of £13,500 per annum upon completion.

Accommodation

The accommodation comprises the following areas:

Name	sq ft	sq m
Ground - Retail Unit	979.52	91
1st - Residential Flat 1	721.18	67
2nd - Residential Flat 2	861.12	80
Total	2,561.82	238

Location

The property occupies a prominent position on John Street within Porthcawl Town Centre

John Street is regarded as Porthcawl’s principal retailing destination and benefits from strong pedestrian footfall, with a range of national and local occupiers including Superdrug, The Post Office, Costa Coffee, Poundland and Coral.

Porthcawl is a popular and well-established seaside resort town, serving both a substantial resident population and a significant influx of visitors and tourists throughout the year, particularly during weekends and the summer holiday season.

The town enjoys excellent connectivity, lying approximately 4 miles south of Junction 37 (Pyle Interchange) of the M4 Motorway, providing convenient access to Swansea, Cardiff and the wider South Wales region.

Get directions from Google Maps

Mainline Stations

Pyle

65 mins
Bridgend

114 mins
Wildmill

118 mins
Sarn

125 mins

Underground Station

Reading

2271 mins
Twyford

2361 mins
Maidenhead

2477 mins
Taplow

2511 mins

Further Information

Price Offers in excess of £450,000

Rates Payable £4,714.40 per annum

EPC Rating This property has been graded as C

Description

The property comprises a substantial three-storey mid-terrace building, providing a self-contained lock-up retail unit at ground-floor level with substantial residential accommodation above.

The ground floor is configured to provide a self-contained retail unit comprising a sales area, three cellular offices/consultation rooms, together with kitchen and W/C facilities. Externally, the property benefits from one allocated car parking space.

The upper floors comprise two newly refurbished two-bedroom flats/maisonettes arranged over the first and second floors. The residential accommodation has been finished to a high standard and benefits from en-suite facilities, solid wood flooring throughout, and double-glazed windows.

The property is of traditional construction, with masonry elevations beneath a pitched tiled roof.

Overall, the property provides an attractive mixed-use investment opportunity, combining a well-configured commercial unit with quality residential accommodation in a prominent and accessible location.

Viewings

Strictly via prior appointment with sole agents RJ Chartered Surveyors

Terms

The property is offered Freehold with a new 5 year lease to be granted to Wayne & Byron Davies Optometrists Limited upon completion. A copy of the draft lease is available on request.