Co-op Convenience Street, Canal Road, Aberdare

For sale £625,000 3,147 sq ft
6 months ago. Fletcher Morgan
Primary Photo of Co-op Convenience Street, Canal Road, Aberdare
Full address
Co-op Convenience Street, Canal Road, Aberdare - Aberdâr
Contact details
Asking price
£625,000
Property type
Shop, retail unit for sale
Features
Car park, Refurbished, Telephone system
Size
3,147 sq ft
Tenure
Freehold
NIY (%)
6.63

Document 1 Property Retail - High Street, Retail Type Tenure Investment Opportunity, For Sale Freehold Rent ROA Size 3147 Sq Ft Price £625,000.00 Location INVESTMENT SUMMARY  Freehold investment let to Co-operative Group Food Limited. A new 3,147 sqft stand alone convenience store with customer parking. A 15 year lease with Tenants Only Break at year 10. Commencing rental of £43,500pax (£13.82/sqft). Five yearly rent reviews linked to CPI with a collar of 1% and cap of 3% per annum. Offers invited at a level from £625,000 reflecting a net initial yield of 6.63% assuming usual purchasers costs of 4.96% The subject property is located in Cwmbach approximately 2 miles to the east of Aberdare.  Aberdare is an important commercial centre located on the northern edge of Rhondda Cynon Taff Borough, some 20 miles to the north of Cardiff.  The town has a population of approximately 40,000.  The subject store is located to the eastern side of Canal Road which connects the A4059 to the south to Aberdare Town Centre to the north east.  A single storey convenience store which has been recently fully refurbished to the specification of Details Co-op.  The property benefits from a dedicated front delivery area and 17 dedicated car parking spaces (including 1 disabled space).

This shop, retail unit for sale is located in Aberdâr

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National rail 0.8m Cwmbach
Nearest airport 35.0m Cardiff

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