Retail premises for sale in Investment Property, 8 Nolton Street, Bridgend CF31
Just added* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
•Immediately available ‘For Sale’ a Fully Let Commercial investment property, well let to Shoecare (Cardiff) Limited under terms of a secure Lease expiring 9th September 2029 at rental of £10,000 per annum exclusive.
•Briefly comprises a well configured retail shop and premises providing approximately26.6sq.m (287sq.ft) Net Internal Area of ground floor retail sales together with approximately 23.7sq.m (255sq.ft) of first floor ancillary.
•Available ‘For Sale’ Freehold tenure as a fully let investment property at an asking price of £110,000.
Location
The property is situated in a prominent town centre location fronting Nolton Street with occupiers in close proximity including Boots Opticians and Vision Express
Description
The property briefly comprises a two-storey mid-terraced town centre retail shop and premises briefly comprising the following accommodation: -
Ground Floor Sales -26.6sq.m (287sq.ft) Net Internal Area
First Floor Ancillary - 23.7sq.m (255.sq.ft)
WC
Tenure
The property is to be sold Freehold tenure subject to and with the benefit of the letting of the property to Shoecare (Cardiff) Limited who are occupying under terms of a 15 year Lease expiring 9th September 2029 on Fri terms and at a current rental of £10,000 per annum exclusive. The Lease contains a 5 yearly rent review pattern with the next rent review due 10th September 2024.
Vat
All figures quoted are exclusive of VAT if applicable.
Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction.
Epc
Pending
Anti Money Laundering
In order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.
Viewing
Strictly by appointment only through
sole selling agents:
Messrs Watts & Morgan llp
Tel: Email:
Please ask for
Dyfed Miles or Matthew Ashman
Sale Price
£110,000
Property info
For more information about this property, please contact
Watts & Morgan, CF31 on +44 1656 220997 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Watts & Morgan, and do not constitute property particulars. Please contact Watts & Morgan for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.