94-96, High Street, Blackwood
£400,000
£163.27 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,450 sq ft
228 sq m
- SECTOR
High street retail property for sale
Key features
- Mixed use fully let investment comprising an end of terrace multi-let building providing 2 No ground floor retail units and 2 No first floor self-contained flats.
- The flats comprise a lounge, fully fitted kitchen, two bedrooms and a bathroom. The retail units benefit from a sales area, kitchen and WC facilities.
- Total area of the whole building is circa 2,450 sq ft (227.6 sq m).
- Each ground floor retail unit benefits from a new 3 year lease commencing 1st September 2025 expiring on 31st August 2028 at an annual rent of £9,000.
- First floor flats let on 12 month fixed term tenancy agreements at £725 per calendar month.
- Total rental income equates to £35,400 per annum reflecting a Gross Initial Yield (GIY) of circa 8.9%.
- Freehold Title No's WA631645, WA618199 & CYM783444 subject to the existing tenancy agreements.
- Prominently located on High Street in Blackwood adjacent to Timpson's and opposite Principality, Superdrug and Card Centre.
- Rear demised parking area for 4 No vehicles.
- Price £400,000 exclusive.
Description
Opportunity to acquire a prominent mixed-use investment property located on High Street in Blackwood. The property is fully let producing an annual income of £35,400 reflecting a Gross Initial Yield (GIY) of 8.9% based on sale price of £400,000 exclusive.
Location - The property is prominently positioned on High Street which is the principal retail destination in Blackwood. The street benefits from strong footfall and sustained tenant demand, supported by a combination of independent retailers and national occupiers including Superdrug, Greggs, Iceland, Tesco Express, and Boots.
Located in close proximity is the A4048, a key arterial road providing direct access to the wider Caerphilly County Borough and excellent connectivity to the A467 and A472, linking to the M4 motorway and surrounding South Wales towns.
Description - The property comprises a recently built end of terrace mixed use building with 2 No ground floor retail units and 2 No self contained first floor flats which extend into the roof space. Each ground floor unit benefits from an aluminum shop front with kitchenette and WC facility. The first floor flats comprise a lounge and kitchen on the 2nd floor and 2 No bedrooms and a bathroom on the first floor. Each flat is accessed from the rear.
Externally the property benefits from rear off road parking, with 1 No car parking spaces allocated for each unit. There is side access adjacent to the building leading to the rear garden area.
Accommodation - From measurements taken on site, we have calculated the following approximate floor areas. For clarity, the ground floor has been measured on a Net Internal Area basis and the First Floor on a Gross Internal Area basis:-
Ground Floor
94 High Street - 353 sq ft (32.80 sq m)
96 High Street - 353 sq ft (32.80 sq m)
First Floor
94a High Street - 872 sq ft (81 sq m)
96a High Street - 872 sq ft (81 sq m)
Total - 2,450 sq ft (227.6 sq m)
Services - We understand that the property benefits from mains water, drainage and electricity. However, we have not tested any of the service installations and prospective occupiers must satisfy themselves independently to the state and condition of such items prior to the transaction completing.
Price - £400,000 exclusive.
Energy Performance Certificate - 94 & 96 High Street - A (21)
94a & 96a High Street - D (56)
Business Rates - We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
94 High Street
Rateable Value: £6,900
Uniform Business Rate (UBR): 56.8
96 High Street
Rateable Value: £6,900
Uniform Business Rate (UBR): 56.8
We advise all interested parties to make their own enquiries with the Valuation Office Agency and Local Authority in relation to Small Business Rates Relief.
Council Tax - 94a High Street - Band A
96a High Street - Band A
Vat - All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction. However, in this instance we understand that VAT will be applicable to the commercial element.
Tenure - Freehold Title No's WA631645, WA618199 & CYM783444 subject to the existing tenancy agreements.
Tenancy Schedule - 94 High Street - Let on a 3 year lease from 1st September 2025 expiring on 31st August 2028 at an annual rent of £9,000.
96 High Street - Let on a 3 year lease from 1st September 2025 expiring on 31st August 2028 at an annual rent of £9,000.
94a High Street - £725 per calendar month, 12 month fixed term with £650 rent deposit.
96a High Street - £725 per calendar month, 12 month fixed term with £650 rent deposit.
Total Rent - £35,400 per annum reflecting a Gross Initial Yield (GIY) of circa 8.9%.
Legal Costs - Each party are to be responsible for their own legal costs occurred in this matter.
Plans, Areas, Schedule - Any plans have been prepared to the foremost accuracy based on Land Registry plans. Any plans within these particulars are published for illustrative purposes only. The accuracy of such plans are not guaranteed.
Anti Money Laundering - As part of our obligation under the UK Money Laundering Regulations 2017, Harris & Birt will require any purchaser or tenant to provide proof of identity along with any other supporting documentation requested.
Viewing Arrangements - Strictly by appointment only with the sole agents Harris & Birt. Please contact our office to arrange an appointment.
Daniel Jones MSc BSc (Hons) MRICS or Kelly Lakin BSc (Hons) MNAEA (Comm)
/
All Enquiries - Harris & Birt Chartered Surveyors and Estate Agents
65 High Street
Cowbridge
Vale of Glamorgan
CF71 7AF
Brochure created: 6th Oct 2025 Ref: RCW 73
Location - The property is prominently positioned on High Street which is the principal retail destination in Blackwood. The street benefits from strong footfall and sustained tenant demand, supported by a combination of independent retailers and national occupiers including Superdrug, Greggs, Iceland, Tesco Express, and Boots.
Located in close proximity is the A4048, a key arterial road providing direct access to the wider Caerphilly County Borough and excellent connectivity to the A467 and A472, linking to the M4 motorway and surrounding South Wales towns.
Description - The property comprises a recently built end of terrace mixed use building with 2 No ground floor retail units and 2 No self contained first floor flats which extend into the roof space. Each ground floor unit benefits from an aluminum shop front with kitchenette and WC facility. The first floor flats comprise a lounge and kitchen on the 2nd floor and 2 No bedrooms and a bathroom on the first floor. Each flat is accessed from the rear.
Externally the property benefits from rear off road parking, with 1 No car parking spaces allocated for each unit. There is side access adjacent to the building leading to the rear garden area.
Accommodation - From measurements taken on site, we have calculated the following approximate floor areas. For clarity, the ground floor has been measured on a Net Internal Area basis and the First Floor on a Gross Internal Area basis:-
Ground Floor
94 High Street - 353 sq ft (32.80 sq m)
96 High Street - 353 sq ft (32.80 sq m)
First Floor
94a High Street - 872 sq ft (81 sq m)
96a High Street - 872 sq ft (81 sq m)
Total - 2,450 sq ft (227.6 sq m)
Services - We understand that the property benefits from mains water, drainage and electricity. However, we have not tested any of the service installations and prospective occupiers must satisfy themselves independently to the state and condition of such items prior to the transaction completing.
Price - £400,000 exclusive.
Energy Performance Certificate - 94 & 96 High Street - A (21)
94a & 96a High Street - D (56)
Business Rates - We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
94 High Street
Rateable Value: £6,900
Uniform Business Rate (UBR): 56.8
96 High Street
Rateable Value: £6,900
Uniform Business Rate (UBR): 56.8
We advise all interested parties to make their own enquiries with the Valuation Office Agency and Local Authority in relation to Small Business Rates Relief.
Council Tax - 94a High Street - Band A
96a High Street - Band A
Vat - All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction. However, in this instance we understand that VAT will be applicable to the commercial element.
Tenure - Freehold Title No's WA631645, WA618199 & CYM783444 subject to the existing tenancy agreements.
Tenancy Schedule - 94 High Street - Let on a 3 year lease from 1st September 2025 expiring on 31st August 2028 at an annual rent of £9,000.
96 High Street - Let on a 3 year lease from 1st September 2025 expiring on 31st August 2028 at an annual rent of £9,000.
94a High Street - £725 per calendar month, 12 month fixed term with £650 rent deposit.
96a High Street - £725 per calendar month, 12 month fixed term with £650 rent deposit.
Total Rent - £35,400 per annum reflecting a Gross Initial Yield (GIY) of circa 8.9%.
Legal Costs - Each party are to be responsible for their own legal costs occurred in this matter.
Plans, Areas, Schedule - Any plans have been prepared to the foremost accuracy based on Land Registry plans. Any plans within these particulars are published for illustrative purposes only. The accuracy of such plans are not guaranteed.
Anti Money Laundering - As part of our obligation under the UK Money Laundering Regulations 2017, Harris & Birt will require any purchaser or tenant to provide proof of identity along with any other supporting documentation requested.
Viewing Arrangements - Strictly by appointment only with the sole agents Harris & Birt. Please contact our office to arrange an appointment.
Daniel Jones MSc BSc (Hons) MRICS or Kelly Lakin BSc (Hons) MNAEA (Comm)
/
All Enquiries - Harris & Birt Chartered Surveyors and Estate Agents
65 High Street
Cowbridge
Vale of Glamorgan
CF71 7AF
Brochure created: 6th Oct 2025 Ref: RCW 73
Brochures
94-96, High Street, Blackwood
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pengam Station1.5 miles
- Gilfach Fargoed Station1.8 miles
- Hengoed Station1.9 miles
Notes
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Disclaimer - Property reference 34238156. 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 Harris & Birt, Cardiff. 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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