Retail premises for sale in Bethcar Street, Ebbw Vale NP23, £70,000

70,000.00

Offer Nr.:
65942322
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Cooke and Arkwright
Phone(s):
029 2227 9254

* Freehold
**Key Points**
* Ground floor shop with upper floor offices
* Asking Price £70, 000
* The property is fully let on a 5 year lease on £7, 000 p. a. , occupied by Bidmead Cook
* Net Initial Yield 10%
* Located on a prominent corner of Bethcar Street
* Nearby occupiers include; Greggs, Boots, Peacocks & J. D Weatherspoon
**Description**
The property is a two story, end - of - terrace Victorian building comprising an
estate agency to the ground floor and ancillary accommodation above. Access is
provided directly from Bethcar Street in a prominent corner position. The
buildings is of solid brick and stone construction beneath a pitched, parapet
roof laid with man - made slate. We understand that all mains' services are
available, the accommodation is centrally heated by radiators served by a gas -
fired boiler.
**Viewings**
By appointment via sole selling agents Cooke & Arkwright.
**Location**
Ebbw Vale is situated in Blaenau Gwent County Borough close to the A465 Heads
of the Valleys road. Bethcar Street is pedestrianized and acts as the
principle shopping thoroughfare in the town. The subject property occupies a
prominent corner position. Other occupiers in the immediate vicinity include
Greggs, Boots, Peacocks and J. D Weatherspoons.
**Lease**
Rent £7, 000 p. a. On a 5 year Fri lease from August 2022, Tenant break clause
in August 2025. The property is occupied by bc Aquisitions Ltd trading as
Bidmead Cook.
**N. I. Y**
Net Initial Yield 10%

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