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Merlin Street, Johnstown

Asking Price £120,000

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Description

Located in the heart of the village, close to numerous amenities, this part commercial part residential investment opportunity has the potential to generate a gross yearly return of 10% if both units are occupied. The ground floor has been run as a hair salon for 26 years and is only coming to market due to retirement. The main room is over 21 foot long and currently has six hair cutting stations and two hair washing basins. In addition to this there is a store cupboard, a kitchenette, and access to a customer w.c. The flat above comprises of an open plan bedroom/living room, a hallway, shower room, and a kitchen. There is a courtyard garden to the rear, and the property is offered for sale with NO ONWARD CHAIN. EPC of Flat 50|E. EPC of Shop 58|C.

Location

The property is located in the heart of the village less than a mile from the nearest access-point onto the A483, which provides dual carriageway access to Wrexham (3 miles) and Chester (12 miles) to the north and to Oswestry (9 miles) and Shrewsbury to the south. The village provides a range of amenities including a Primary School, Dental Surgery and a variety of Shops including a large Co-Op Supermarket. Facilities are also available in the neighbouring settlements of Ruabon and Rhos.

On The Ground Floor

Hair Salon Main Room

23′ 0” x 11′ 6” (7.01m x 3.50m)PVCu double glazed door and window to the front elevation. Two electric heaters. Laminate flooring. Storage cupboard.

Kitchen Area

9′ 0” x 6′ 6” (2.75m x 1.98m)Wooden door to the rear elevation. Stainless steel sink and drainer unit. Plumbing for washing machine. Space for fridge. Laminate flooring. Electric heater.

Downstairs WC

PVCu double glazed window to the rear elevation. Two piece white suite comprising a low level w.c. and wash hand basin. Wall tiling.

On The First Floor

Flat – Landing

Wooden door to the rear elevation. Electric heater. Attic hatch.

Bedroom/Living Room

14′ 3” x 12′ 2” (4.35m x 3.71m) maximum.PVCu double glazed bay window to the front elevation. Electric heater.

Kitchen

9′ 2” x 6′ 7” (2.79m x 2.01m)PVCu double glazed window to the rear elevation. Wall and base units with complementary wood-effect work surfaces. Sink and drainer unit with mixer tap. Plumbing for washing machine. Electric point for cooker. Space for fridge freezer. Electric heater. Storage cupboard. Wall tiling.

Shower Room

Three piece suite comprising a shower cubicle, low level w.c. and pedestal wash hand basin. Wall tiling. Extractor fan.

Outside

Externally there is a courtyard garden to the rear of the property.

Services

Both the Hair Salon and the Apartment above are heated by wall mounted electric heaters.

Tenure

Freehold. Vacant Possession on Completion. NO CHAIN.

Viewing

By prior appointment with the Agents.

EPC Ratings

Ground Floor Salon – 58|C.
First Floor Flat – 50|E

Council Tax Band

The property is valued in Band “A”.

Directions

For satellite navigation purposes use the post code LL14 1NL. Leave the A483 city by pass at exit 3 at which take the third exit signposted for the B5605 Johnstown. Continue for just over a mile to the first set of traffic lights. Continue through the traffic lights and take the first turning on the right into Merlin Street, when the property will be observed on the left-hand side of the road.

Key Features

  • Ground Floor Hair Salon
  • First Floor Studio Apartment
  • Being Sold Due To Retirement
  • Potential 10% Yearly Return
  • Central Location
  • NO CHAIN

Merlin Street, Johnstown

Asking Price £120,000

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