Freehold shop with strong yield and residential conversion potential.
Freehold high-street shop approximately 1,948 sq ft
A rare freehold commercial unit on Tredegar’s busy high street, offering a substantial footprint of approximately 1,948 sq ft and an estimated 10% yield at the asking price. The ground floor provides a large retail area, a smaller rear room and staff WC, while the first floor delivers an additional versatile room and storage — currently in use and occupied by a tenant for over a year.
This property suits investors seeking immediate income and long-term upside. The building has residential conversion potential (one bedroom and one bathroom recorded) and a small rear garden, creating scope to add value through refurbishment or change of use, subject to planning. The site benefits from excellent mobile signal and strong footfall opposite the shopping precinct.
Buyers should note clear challenges: parts of the property are described as derelict and will require refurbishment; broadband speeds in the area are slow. The surrounding area is very deprived with very high local crime rates, and the plot is small. These factors depress prices but also present opportunity for a buyer prepared to invest in improvement and management.
In short, this is a cash-generating, freehold high-street property with scope for uplift via renovation or residential conversion. It will appeal most to hands-on investors who understand the local market and can manage refurbishments and tenant risk pragmatically.
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