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10-12 Crane Street, Crane Street, Pontypool

Guide Price
£150,000

£8.65 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

17,345 sq ft

1,611 sq m

SECTOR

Commercial property for sale

Key features

  • Vacant Retail Opportunity
  • Triple Fronted Retail Unit and Upper Parts
  • Asset Management Potential Via Letting
  • Opportunity to Split Into Separate Units
  • Development Potential (subject to consents)
  • Opportunity to Create a High Yielding Investment
  • Previously Let for £115,000 per annum
  • 17,345 sq ft (1,611.35 sq m)
  • Prominent High Footfall Pitch
  • Guide Price Reflects a Low £8.65 per sq ft

Description

The property comprises a vacant retail opportunity with both asset management and development potential (subject to obtaining the requisite consents).

Arranged as a triple retail unit to the ground floor with ancillary space to the first floor, the property is offered with full vacant possession and offers evident asset management potential via letting as a single unit. Furthermore, the property could be sub-divided into separate units and let to create a diverse, high yielding, investment. We understand the property was previously let to Wilko for £115,000 per annum.

The upper parts comprise approx. 1,931 sq ft of accomodation and could be suitable for conversion to alternative uses, including residential (subject to obtaining the requisite consents).

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

10-12 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 14825C57-7BC3-40A0-824E-318D30861DFE. 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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