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Prominently positioned high street retail unit fronting Cardiff Street, Aberdare's principal retail location. Existing A1/A2 planning consent. Potential for restaurant use, subject to planning. Additional accommodation provided to first and second floor. Yard area to rear.
An opportunity to acquire a long established going concern General Stores/Newsagents/Off Licence Located within the Village of Hirwaun Three rooms to first floor with potential of converting same into owner's accommodation
Pontypridd is located 11 miles north west of Cardiff’s city centre. The property occupies an excellent position on Taff Street, which is Pontypridd’s prime retailing thoroughfare. Pontypridd has a resident population of 33,000 (2011 census) and is also home to the University of South Wales with some 18,000 students. The property is next door to Shaws the Drapers and the British Red Cross. Other retailers in close proximity include Peacocks, Iceland and Holland & Barrett. The property comprises a mid-terrace two storey property with ground floor retail and upper floor ancillary accommodation. The property is held on the basis of a 3 year full repairing and insuring lease to Bush Healthcare Limited at a current rent of £20,000 per annum effective May 2016. Offers in excess of £195,000 are invited. This reflects an attractive net initial yield of 10.06% assuming purchaser’s cost of 1.96%.
The property occupies a good position in Pontypridd town centre on the pedestrianised Market Street with the adjacent occupier being Superdrug. Other occupiers nearby include New Look, WH Smith, Lloyds TBS, Costa Coffee, Boots the Chemist and Poundland.
The property occupies a prominent corner position along the pedestrianised area of High Street, at the junction with John Street. Occupiers in close proximity include the Post Office, Poundworld, Specsavers and Greggs. The property is let to TUI UK Retail Limited trading as Thompson Travel on a full repairing and insuring lease for a term of 10 years from 25th March 2011. There is a tenant only break option and upward only rent review after five years. The passing rent is £28,750 per annum. Offers of £285,000 for the freehold interest. This provides a net initial yield of 9.63% assuming purchasers costs of 4.8%.
The property comprises two terraced retail shops built early 1900 fronting the High Street arranged over, lower ground, ground, first and second floors of traditional construction having brick stone, rendered elevations, under a pitched interlocking cement tiled roof. The first floor of No 39 High street provides an extensive residential flat over three levels. The upper floors of No 40 provide additional ancillary space for the ground floor retail unit although could be utilized separately. To the rear of the premises is a now disused bakery, this again is of traditional construction under a steel profile sheeted, pitched roof. The bakery is arranged over ground and first floor levels. There is a further single storey loading area to the rear of brick block construction under a flat roof. The premises benefits from rear access and loading. There is also a walkway leading from High Street to the bakery at the rear.
Aberdare is a popular town in the Cynon Valley area of Rhondda Cynon Taf. It has a population of approximately 32,000 people and lies 4 miles south west of Merthyr Tydfil, 20 miles north west of Cardiff and 22 miles north east of Swansea. The property occupies an excellent position along Canon Street close to the pedestrianised junction with Whitcombe Street. Church Street car park is within a two minute walk accessed via Church Street. The property comprises a three storey mid terraced retail unit with a self contained entrance to the upper floors. Internally, the property comprises a large open plan sales area to the front with a kitchen area and private courtyard towards the rear. The upper floors, which can be access internally or via its own doorway on Canon Street, consist of cellular rooms a WC and disabled WC. The staircase to the first floor benefits from a stair lift allowing disabled persons to utilise the first floor area.
The subject property comprises a two storey retail property with further space at basement level. The retail area to the front of the property has most recently been utilised as the local Post Office (closed April 2019) and this part of the property benefits from suspended ceiling, recessed lighting, laminate floor and double frontage. On the shop there are 3 electric roller shutter doors covering the windows, manual roller shutter doors covering doors off Bargoed Terrace and security bars over the windows at the rear. The property benefits from gas central heating and a security alarm. There are two staircases leading to the first floor accommodation, which is predominantly laid out with approximately 6/7 small rooms. This floor requires complete modernisation.
See the latest Rhondda Cynon Taf shop for sale listings from across the sale market.
Currently there are 13 available shops in Rhondda Cynon Taf for sale.
1 Market St, Aberdare CF44 7DY
is the latest shop for sale (429 sq ft), listed by Herbert Thomas.
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