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Retail property (high street) for sale
Property description & features
.Briefly comprises a well configured retail shop and premises providing approximately26.6sq.m (287sq.ft) Net Internal Area of ground floor retail sales together with approximately 23.7sq.m (255sq.ft) of first floor ancillary.
.Available 'For Sale' Freehold tenure as a fully let investment property at an asking price of £110,000.
Location - The property is situated in a prominent town centre location fronting Nolton Street with occupiers in close proximity including Boots Opticians and Vision Express
Description - The property briefly comprises a two-storey mid-terraced town centre retail shop and premises briefly comprising the following accommodation: -
Ground Floor Sales -26.6sq.m (287sq.ft) Net Internal Area
First Floor Ancillary - 23.7sq.m (255.sq.ft)
WC
Tenure - The property is to be sold Freehold tenure subject to and with the benefit of the letting of the property to Shoecare (Cardiff) Limited who are occupying under terms of a 15 year Lease expiring 9th September 2029 on FRI terms and at a current rental of £10,000 per annum exclusive. The Lease contains a 5 yearly rent review pattern with the next rent review due 10th September 2024.
Vat - All figures quoted are exclusive of VAT if applicable.
Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.
Epc - Pending
Anti Money Laundering - In order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.
Viewing - Strictly by appointment only through
sole selling agents:
Messrs Watts & Morgan LLP
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Please ask for
Dyfed Miles or Matthew Ashman
Sale Price - £110,000
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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