Retail premises for sale in High Street, Blackwood NP12

£595,000 (£87.4/sq. ft)
Retail premises for sale 6,808 sq. ft*
Interested in this property? Call +44 29 2227 9941 * or Request Details

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Property features

  • 3 No. Adjoining mid terraced properties with commercial use on the ground and basement floors and planning permission for residential at first floor.
  • Current income circa £33,000 per annum reflecting a Net Initial Yield of 5.20% (based on purchaser costs of 6.75%).
  • Estimated Rental Valuation of £66,500 based on conversion of first floor to residential and full occupancy.
  • Prominent Town Centre Location
  • Car parking to the rear
  • Price - 595,000

Property description

The property comprises 3 No. Adjoining mid terraced traditional premises, arranged as 3 No. Retail units at ground floor with separately accessed first floor accommodation which has the benefit of planning permission for 3 flats (2 x 2 bed and 1 x 3 bed). To the rear of the property there is a car parking area.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Brinsons, CF83 on +44 29 2227 9941 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Brinsons, and do not constitute property particulars. Please contact Brinsons for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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