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Commercial property for sale

Land at Crane Street, Crane Street, Pontypool

Guide Price
£20,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

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SECTOR

Commercial property for sale

Key features

  • Freehold Land Parcel
  • 0.8 Acres (0.33 hectares)
  • Income Producing Right of Way
  • Let to Wafa Asset Limited - Expiring 27.10.2026
  • Development Potential (subject to consents)
  • Investment Let at £7,500 p.a. (37.5% GIY on Guide Price)

Description

The property comprises a freehold land parcel of 0.8 Acres (0.33 hectares) benefitting from a let right of way.

Currently used as parking and yard/amenity space for the surrounding retail units, the property is part let, with a right of way let to Wafa Assets Limited on an agreement which expires 27.10.2026 and paying £7,500 per annum.

The property may benefit for development potential to alternative uses, subject to existing leases and 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

Land at 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 76907DF3-D4C5-4B0F-BCCC-F1AF04753827. 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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