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8 Crane Street, Crane Street, Pontypool

Guide Price
£170,000

£20.79 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

8,176 sq ft

760 sq m

SECTOR

Commercial property for sale

Key features

  • High Yielding Retail Investment
  • Let to Peacocks
  • Five Year Lease Expiring 25.08.2026
  • Tenant in Occupation for 10+ Years
  • Asset Mangement Potential Via Renewal
  • 8,176 sq ft (759.55 sq m)
  • Prominent High Footfall Pitch
  • Investment Let at £32,500 p.a. (19.18% GIY on Guide Price)

Description

The property comprises a high yielding retail investment let to Peacocks and occupying a prominent high footfall pitch.

Arranged across ground and first floors, the property is fully let to Peacocks Stores Properties Limited t/a Peacocks on a five year lease expiring 25.08.2026 and paying £32,500 per annum. The tenant is a long standing occupier having been in occupation for 10+ years.

Crane Street is one of the principal retail streets in Pontypool, nearby occupiers include Iceland, Boots, and a number of local occupiers. Pontypool Indoor Market is almost immediately adjacent to the property.

Brochures

8 Crane Street, Crane Street, Pontypool

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pontypool & New Inn Station1.2 miles
  • Cwmbran Station3.3 miles
  • Llanhilleth Station4.0 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference EC11BBBD-09AC-4727-8BCF-27F2F50BA70E. 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 Savills, Savills Auctions- Commercial. 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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