£86,000 /Sale price

FOR SALE BY PUBLIC AUCTION: The auction will take place online on 16th September 2025 at 05:00 PM with registration through our website. Opportunity to acquire this freehold mixed use building with ground floor commercial unit and first floor rooms. Rear parking and development land in Maesteg. Description This Versatile freehold property offers a unique opportunity for investors, developers, or business owners, combining a ground floor commercial unit with a spacious first-floor space currently being used for storage but with its own independent entrance to the rear has potential for change of use and converted back to a flat for residential accommodation (subject to necessary consent). Located on Commercial Street in Maesteg, this property benefits from a prominent high street position with excellent visibility and foot traffic. Future income streams are available with the ground floor commercial unit, the potential change of use and conversion to a flat or apartment on the first floor and development on the land (subject to necessary consents). The ground Floor commercial unit is currently operating as a long standing retail clothing store (Shiree) currently run by the owner of the building with an attractive storefront display. The interior is well-appointed throughout with extensive shelving and hanging space for merchandise. There is a dedicated dressing area for customer convenience with a communal staff area and WC facilities to the rear of the building providing essential amenities for business operations. The building whilst appearing to be structurally sound with a recently fitted new slate roof requires some modernisation in places both internally and externally but offers a solid foundation for a variety of retail or service-based businesses. The first floor space (currently vacant and being used by the ground floor business for storage) offers spacious accommodation and various rooms - ideal for conversion subject to any necessary planning consents or continued use as storage if desired. Additional benefits include generous space for parking to the rear with independent access to both the ground floor commercial unit and the first floor of the building providing flexibility for future development opportunities. There is land to the rear of the building with nearby road links presenting opportunity for building development subject to the necessary planning and consents. Established location close to local amenities and transport links with potential for future growth and development. Maesteg offers a balanced mix of residential and commercial activity, making it an ideal spot for retail or investment opportunities. Any further clarification please refer to the legal pack when available. Accommodation GF - Commercial unit, changing facilities, communal staff area and WC FF - 3 Rooms, living/dining room, kitchen Informed Freehold please refer to legal pack for verification of tenure Additional Fees Buyer's Premium 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. Further Information Auctioneers Office, Seel and Co Viewing Viewing by appointment with Seel and Co