High Street, Blackwood, Caerphilly (County of), NP12

LOCATION

The property is situated on High Street. Nearby occupiers include retailers, pubs and restaurant occupiers. National retailers include Poundland, Superdrug, Greggs, Boots, Cancer Research Wales, St Davids Foundation, Lloyds Bank, Santander, Principality Building Society, Shoezone, Card Factory, Costa and Hays Travel.

DESCRIPTION

* Single storey retail unit.
* Popular town centre location.
* Ideal investment purchase.

Let for a term of 3 years until 27th April 2027 at a rent of £18,200.00 per annum on effectively fully repairing and insuring terms. The lease is excluded from the security of tenure provisions of the Landlord & Tenant Act 1954.

ACCOMMODATION

The property has been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) the property comprises the following (approx.) areas:-

Description Sq M Sq Ft
Sales/Restaurant 122.38 1317
Kitchen 15.69 169
Prep Room 10.54 113
Ancillary Storage 1 8.48 91
Ancillary Storage 2 7.60 82
Male/Female WC's - -
Total Net Internal Area 164.69 1772

TENURE

The property is available freehold.

ASKING PRICE

£180,000.00 (One hundred and eighty thousand pounds) subject to contract.

BUSINESS RATES

The Valuation Office Agency website states the premises are currently entered into the rating list as follows:

Descprition: Shop and Premises
Rateable Value: £17,000

Interested parties are advised to make their own enquiries with Caerphilly County Council to ascertain the exact rates payable.

COSTS

Each party to bear their own legal costs incurred in the transaction.

VAT

All prices are quoted exclusive of VAT whether or not chargeable. We believe VAT is not chargeable and this will be confirmed.

PLANNING

We have not made any enquiries with Caerphilly County Council with regards to the current planning consent, however, we have assumed that the property has planning for Class A3 (Sale of hot food and drink) use use under the Town & Country Planning (Use Classes) Order 1987.
Interested parties are advised to make their own enquiries to ensure their proposed use would be permitted.

ENERGY PERFORMANCE CERTIFICATE (EPC)

The EPC for this property has been commissioned.

VIEWING & FURTHER INFORMATION

Through sole agents Bladen Commercial Property Consultants Ltd:-

Kieran Bladen SUBJECT TO CONTRACT
Mobile: March 2025
Tel: