1 Bethcar Street, Ebbw Vale
Blaenau Gwent, Ebbw Vale, NP23 6HH

  • map
Sebastian Branfield

The Agent

Sebastian Branfield
Surveyor

02920 346315
Graham Davies

The Agent

Graham Davies
Director

02920 346371

Additional Downloads

Particulars

Specification

  • RETAIL
  • 1,131 sqft (105 sqm)
  • Under Offer
  • £70,000

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.

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.

The specification includes;

  • 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

Viewings

By appointment via sole selling agents Cooke & Arkwright.

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%

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Cooke & Arkwright advised ABP over the life cycle of its major waterfront mixed use development schemes in Cardiff and Barry. The quality and commitment of their people working alongside us were a key factor in the successful delivery of those schemes.

Byron Lewis, Estate Surveyor, Associated British Ports