Acquired
Blackwood – Retail Shop / Cafe
105 High Street, Blackwood, Caerphilly NP12 1ADFreehold Retail Shop Investment
Tenure
Freehold
Lease Term
3 Years
Years Left on Lease
Holding Over
Area
389 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Prominent High Street Location
- Short distance from The Market Place Shopping Centre
- The property comprises a ground floor retail unit which forms part of a larger building
- Nearby occupiers include Poundland, Argos, HSBC, William Hill, Cancer Research amongst other local traders.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises a ground floor retail unit which forms part of a larger building.
The property provides the following accommodation and dimensions:
Ground Floor Shop: 36.20 sq m (389 sq ft)
The property provides the following accommodation and dimensions:
Ground Floor Shop: 36.20 sq m (389 sq ft)
Tenancy Description
The property is at present let to an Individual for a term of 3 Years from 26th November 2021 at a current rent of £10,140 per annum and the lease contains full repair and insuring covenants. Deposit held of £1,690.The tenant has right to determine the lease on 26th May 2023 with 3 months’ notice.
Tenancies & Accommodation
Location Description
Blackwood is a popular commuter town just 12 miles north-west of Newport and 15 miles north of Cardiff. The property is situated in the heart of the town centre, occupying a prominent corner position fronting High Street and its junction with the pedestrianised Hall Street. The Market Place Shopping Centre is just a short distance away, housing retailers such as Boots, Thomas Cook and Dorothy Perkins. Other nearby occupiers include Poundland, Argos, HSBC, William Hill, Cancer Research, amongst other local traders.
