Large building with conversion potential and immediate income opportunity.
Prominent Victorian corner public house close to town centre
A substantial Victorian corner public house with residential accommodation above, offered freehold and for sale by online auction. The property occupies a prominent position close to Merthyr Tydfil town centre, with a large internal footprint (approximately 2,747 sq ft) providing commercial trading space, cellar, and a two-bedroom flat on the upper floors.
For an investor the key value drivers are clear: planning consent has been granted and physical works have commenced to create an additional one-bedroom flat above, increasing rental potential. The building is traditional Victorian stock with characterful elevations and standard ceiling heights, and the site benefits from excellent mobile signal and easy access to local amenities and transport links.
Important constraints are material and must be factored into any bid. The property is let on a short six-year lease and will be sold at auction — mortgage lenders may refuse to lend because of the limited lease term. The local area shows very high crime rates and very high deprivation, which will affect lettability and operating risk. The plot is small, and parts of the first-floor conversion are derelict and unfinished.
This lot suits a cash buyer or an experienced investor prepared to accept higher operational risk, complete the flat conversion, and trade or reposition the pub. Full legal verification of tenure and lease details is essential prior to bidding.
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