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Commercial Property for sale

Osborne Road, Pontypool, NP4 6LT

Guide Price* £40,000

Property Description

Key features

  • Advised Leasehold - Long leasehold 999 years (to be verified by solicitor)
  • Leased for a term of 13 years from 17th January 2018 at an initial rent of 7,200 per annum with an upward rent review provision.

Full description

FOR SALE BY AUCTION - Thursday 25 October 2018- Opportunity to acquire a commercial retail unit in the heart of Pontypool town centre. The property comprises a ground floor retail unit measuring approximately 42.9 sq m (462 sq ft) and lower ground floor ancillary accommodation measuring 16.7 sq m (180 sq ft). The property is currently occupied by way of a lease dated 17th January 2018 for a term of 13 years at a rent of £7,200 per annum with an upward rent review provision.
The property is located on Osborne Road, other occupiers in the vicinity include Argos, Farm Foods, Iceland, Greggs, Specsavers and Betfred. Access to the A4042 is nearby which in turn provides access to the M4 at Junction 25A providing links to Cardiff in the south west and Bristol in the south east.

Tenure:
Advised Leasehold - Long leasehold 999 years (to be verified by solicitor)

Tenancies:
Leased for a term of 13 years from 17th January 2018 at an initial rent of £7,200 per annum with an upward rent review provision.


Nearest stations

  • Pontypool & New Inn (1.3 mi)
  • Cwmbran (3.5 mi)
  • Llanhilleth (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Paul Fosh Auctions, Newport

108 Lower Dock Street, Newport, NP20 2AG

01633 966069 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Pontypool & New Inn (1.3 mi)
  • Cwmbran (3.5 mi)
  • Llanhilleth (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Paul Fosh Auctions, Newport

108 Lower Dock Street, Newport, NP20 2AG

01633 966069 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 78039. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Auctions, Newport . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Auctions, Newport on 01633 254044.


Map data OpenStreetMap contributors.