Retail premises to let in 138-140 High Street, Blackwood NP12

From £25,000 pa (£39.62/sq. ft. pa)
Retail premises to let From 631 - 745 sq. ft*
Interested in this property? Call +44 29 2227 9254 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Current rent £25,000 pax.
  • The property is located in a good position on the High Street with adjacent occupier being Ramsdens.
  • The property comprises a ground floor shop with further ancillary accommodation provided to the rear.
  • Ground Floor Sales 58.6 sq m 631 sq ft Ground Flor Ancillary 10.6 sq m 114 sq ft Ground Floor Kitchen 8.0 sq m 86 sq ft

Property description

Location:

Blackwood is located approximately 14 miles north of Newport on the A4048, which links the A465 Heads of Valleys road to the north and the M4 motorway to the south. This busy town serves an immediate population of circa 18,000 with a catchment of circa 70,000 within a 10 minute drive time.

The property is located in a good position on the High Street with adjacent occupier being Ramsdens. Other occupiers within the immediate vicinity include Specsavers Opticians, Holland & Barrett, Costa and Greggs.

Description:

The property comprises a ground floor shop with further ancillary accommodation provided to the rear. Access is provided directly from the High Street.

Terms:

The property is available on the basis of an assignment of an existing full repairing and insuring lease, which expires on 11 July 2021.

Current rent £25,000 pax.

Alternatively, a sub-lease may be considered, terms and rent to be agreed.

Rateable value:

The 2017 draft Rateable Value for the property is:

Rateable Value £15,500

Rates Payable £7,735

Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

VAT:

The property is not elected for VAT at the present time.

Accommodtaion:

The property provides the following approximate areas and dimensions:-

Gross Frontage 6.9 m 22 ft 7 ins

Net Frontage 6.2 m 20 ft 4 ins

Internal Width 6.7 m 21 ft 9 ins

Built Depth 14.9 m 48 ft 10 ins

Ground Floor Sales 58.6 sq m 631 sq ft

Ground Flor Ancillary 10.6 sq m 114 sq ft

Ground Floor Kitchen 8.0 sq m 86 sq ft

planning:

We understand that the property has permission for Class A1 or A2 use. Other uses maybe considered subject to the tenant obtaining all necessary planning consents.

EPC:

D- 94

legal costs:

Each party to be responsible for their own legal costs incurred in the transaction.

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
Cooke and Arkwright, CF10 on +44 29 2227 9254 * (local rate)

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Disclaimer

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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