The subject property comprises a ground floor retail unit with a first floor one bedroom self contained flat. The ground floor is currently fitted out as hair salon and comprises a main sales floor and backroom wash area with tiled floor covering, suspended ceiling and spotlights. The rear area comprises a kitchen with storage facilities and WC facilities. Further benefits to include gas central heating, large shop front, uPVC windows in part and a security alarm. The first floor one bedroom flat is currently let out on AST agreement at £400 per calendar month. Further details can be provided upon request.
The property occupies a prominent town centre location on High Street, Blackwood's principal retailing thoroughfare. Nearby occupiers include Wilkinsons, Thomas Recruitment Group and the Council Library.
Blackwood is one of South Wales Valley's primary market towns and has a range of quality local and national multiple retailers. Blackwood is located approximately 9 miles north east of Caerphilly and 12 miles north west of Newport.
From measurements taken on site we have calculated the following approximate floor areas:-
Main sales area (incl. wash room) 693 sq ft (64.3 sq m)
Rear kitchen / staff room 114 sq ft (10.5 sq m)
Total Net Internal Area circa 807 sq ft (74.9 sq m)
We have not tested any of the service installations and prospective occupiers must satisfy themselves independently as to the state and condition of such items prior to the transaction completing.
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £12,500
Uniform Business Rate 2022/23: 53.5
Gross Rates Payable: £6,807.34
We advise all interested parties should make their own enquires with the Valuation Office Agency and Local Authority in this regard.
The ground floor is available to let by way of a new lease on new terms to be agreed. Alternatively, the freehold interest of the whole property is available to purchase subject to the existing AST agreement.
All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction. We have been advised that VAT is not payable.
Please contact our Caerphilly Office on 02920 867711 if you wish to arrange a viewing appointment for this property or require further information.
Brinsons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.