* Investment Opportunity
* For Sale - £150, 000
* Annual Income - £10, 560
* Situated in the centre of Gowerton
Situation
Situated in a popular location on Sterry Road, this premises occupies a
prominent kerbside trading position in the heart of Gowerton. This area is
very popular and benefits from other restaurants, drinking establishments and
retail premises etc. The property benefits from good transport links, with
Gowerton train station also located nearby.
Description
Briefly comprising a two - storey mixed use premises, with a commercial premises
ground floor and a residential flat to the first floor.
The ground floor is currently occupied by Top Fade Barbers. The ground floor
comprises of an open showroom to the front, with a further room to the middle,
and ancillary storage and WC facilities to the rear.
The first floor is currently occupied by a residential tenant. The first floor
comprises of a three - bedroom flat and accommodates three bedrooms, living
room, bathroom, kitchen and ancillary storage. The flat is accessed through an
external staircase to the side of the property.
The property also benefits from a rear enclosed lawned garden, with two single
car garages.
Services
We understand that the property benefits from all mains services. Please note
that these were not tested during the course of our inspection.
Terms
The freehold interest in our client’s premises is available for sale at an
asking price of £150, 000.
The ground floor commercial premises is currently paying £440 per calendar
month, they are currently on a rolling contract.
The first floor flat is currently paying £440 per calendar month, they are
currently on a rolling contract.
Interested parties are advised to seek legal advice with regards to the
contracts.
The annual rent is £10, 560 per annum, which provides a ROI of just over 7%.
Viewing
Please contact Dawsons Commercial to arrange a viewing.

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