Retail premises for sale in Bethcar Street, Ebbw Vale NP23

£70,000 (£61.89/sq. ft)
Interested in this property? Call +44 29 2227 9254 * or Request Details

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Retail premises for sale

1,131 sq. ft*

Property description

Key Points

  • Ground floor shop with upper floor offices
  • Asking Price £70,000
  • The property is fully let on a 5 year lease on £7,000 p.a., occupied by Bidmead Cook
  • Net Initial Yield 10%
  • Located on a prominent corner of Bethcar Street
  • Nearby occupiers include; Greggs, Boots, Peacocks & J.D Weatherspoon
  • Description

    The property is a two story, end-of-terrace Victorian building comprising an estate agency to the ground floor and ancillary accommodation above. Access is provided directly from Bethcar Street in a prominent corner position. The buildings is of solid brick and stone construction beneath a pitched, parapet roof laid with man-made slate. We understand that all mains' services are available, the accommodation is centrally heated by radiators served by a gas-fired boiler.

    Location

    Ebbw Vale is situated in Blaenau Gwent County Borough close to the A465 Heads of the Valleys road. Bethcar Street is pedestrianized and acts as the principle shopping thoroughfare in the town. The subject property occupies a prominent corner position. Other occupiers in the immediate vicinity include Greggs, Boots, Peacocks and J.D Weatherspoons.

    Viewings

    By appointment via sole selling agents Cooke & Arkwright.

    Availability_Text

    The accommodation comprises the following areas:

    Lease

    Rent £7,000 p.a. On a 5 year Fri lease from August 2022, Tenant break clause in August 2025. The property is occupied by bc Aquisitions Ltd trading as Bidmead Cook.

    N.I.Y

    Net Initial Yield 10%

    Property info

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

    Arrange Viewing

    For more information about this property, please contact
    Cooke and Arkwright, CF10 on +44 29 2227 9254 * (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 Cooke and Arkwright, and do not constitute property particulars. Please contact Cooke and Arkwright 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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