*Guide | £180,000+ (plus fees)
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
An End of Terrace Commercial Building Arranged to Provide a Ground and First Floor Retail Unit Let to Peacocks Producing £32,500 Per Annum (18% Yield on the Guide Price).
The property comprises an end of terrace commercial building arranged to provide a ground and first floor retail unit.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Iceland and Nationwide. The open spaces of Pontypool Park are within easy reach. Transport links are provided by Pontypool & New Inn rail station.
Accommodation
Ground Floor Retail Area First Floor Retail Area Total G.I.A Approx 8,176 sq ft
Tenancy
The property is let to Peacocks Stores for a term of 5 years commencing 26th August 2021 at a rent of £32,500 per annum. Tenant has been in occupation for 10+ years.
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
