Summary - 18, St. Fagans Street CF83 1FZ
1 bed 1 bath Office
**Standout Features:**
- Prime location in Caerphilly Town Centre with strong visibility
- Fully tenanted to Barod, a registered charity, with a rent of £50,000 per annum
- Lease expiry in April 2029, providing stable income
- Medium-term potential for residential conversion, subject to planning
- Off-street parking for approximately 6 cars
- Total area of 4,152 square feet, comprising multiple office suites
**Notable Concerns:**
- High crime rate in the area
- Building requires maintenance due to age (constructed between 1900-1929)
- Limited insulation and outdated glazing
**Summary:**
Discover a prime investment opportunity in this expansive three-storey office building located in the heart of Caerphilly Town Centre. Currently leased to Barod at a competitive rate of £50,000 per annum, this property offers a reliable income stream with a lease set to expire in 2029. The building's robust structure features multiple office suites, each with essential amenities like kitchens and restrooms, backed by gas central heating and double-glazed windows.
With a sizeable off-street parking area for approximately six vehicles, alongside excellent access to public transport and nearby amenities, this property is perfectly positioned for both commercial and potential residential conversion, pending planning approvals. While it presents some maintenance considerations, including limited insulation and an older construction style, the medium-term potential for development in this urban environment cannot be overlooked.
Take advantage of this unique property at the reduced price of £495,000—ideal for investors seeking a stable rental income with the prospect of future renovation and expansion. Don't miss out on this opportunity to invest in a rapidly evolving area!
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