138-140 High Street, Blackwood
Blackwood, NP12 1AH

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Dominic Garner

The Agent

Dominic Garner
Senior Surveyor

02920 346375
Ben Davies

The Agent

Ben Davies
Associate

02920 346311
Brochure

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Specification

  • RETAIL
  • 631 - 745 sqft (59 - 69 sqm)
  • To let
  • £25,000 per Annum

Description

LOCATION:

Blackwood is located approximately 14 miles north of Newport on the A4048, which links the A465 Heads of Valleys road to the north and the M4 motorway to the south. This busy town serves an immediate population of circa 18,000 with a catchment of circa 70,000 within a 10 minute drive time.

The property is located in a good position on the High Street with adjacent occupier being Ramsdens. Other occupiers within the immediate vicinity include Specsavers Opticians, Holland & Barrett, Costa and Greggs.

DESCRIPTION:

The property comprises a ground floor shop with further ancillary accommodation provided to the rear. Access is provided directly from the High Street.

TERMS:

The property is available on the basis of an assignment of an existing full repairing and insuring lease, which expires on 11 July 2021.

Current rent £25,000 pax.

Alternatively, a sub-lease may be considered, terms and rent to be agreed.

RATEABLE VALUE:

The 2017 draft Rateable Value for the property is:

Rateable Value £15,500
Rates Payable £7,735

Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

VAT:

The property is not elected for VAT at the present time.

ACCOMMODTAION:

The property provides the following approximate areas and dimensions:-

Gross Frontage 6.9 m 22 ft 7 ins
Net Frontage 6.2 m 20 ft 4 ins
Internal Width 6.7 m 21 ft 9 ins
Built Depth 14.9 m 48 ft 10 ins
Ground Floor Sales 58.6 sq m 631 sq ft
Ground Flor Ancillary 10.6 sq m 114 sq ft
Ground Floor Kitchen 8.0 sq m 86 sq ft

PLANNING:

We understand that the property has permission for Class A1 or A2 use. Other uses maybe considered subject to the tenant obtaining all necessary planning consents.

EPC:

D- 94

LEGAL COSTS:

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

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.