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.

LocationThe property is situated in a prominent town centre location fronting Nolton Street with occupiers in close proximity including Boots Opticians and Vision Express

DescriptionThe 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

TenureThe 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.

VatAll figures quoted are exclusive of VAT if applicable.

Legal CostsEach party to be responsible for their own legal costs incurred in the transaction.

EpcPending

Anti Money LaunderingIn 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.

ViewingStrictly by appointment only through
sole selling agents:

Messrs Watts & Morgan LLP
Tel: (01656) 644288
Email: [email protected]

Please ask for
Dyfed Miles or Matthew Ashman

Sale Price£110,000