The property comprises a three storey building over ground and first floors with access being direct via a prominent hard-stoned frontage from the High Street. The property is currently fitted out to reflect it's former use as a Barclays Bank. The ground floor area is fitted out to provide a banking hall, with additional customer service areas and offices. The first and second floor are currently fitted out to provide office accommodation, male and female WC's and staff room facilities. There is an additional attic and basement area, providing for additional storage space.
The subject property occupies a prominent and central location on Blackwood High Street. The High Street is the prime retailing location, and is home to a number of national occupiers, such as Greggs, Costa Coffee, Home Bargains, Boots & Iceland.
Blackwood lies approximately 9 miles to the north of Caerphilly and 12 miles to the north-west of Newport. It has a reputation as being one of the principal market towns in the South Wales Valleys.
The property has been measured in accordance with the RICS Code of Measuring Practice as follows:
Basement - 1,214 sq ft (112.7 sq m)
Ground Floor - 1,862 sq ft (172.97 sq m)
First Floor - 1,725 sq ft (160.45 sq m)
Second Floor - 484 sq ft (44.98 sq m)
Attic - 225 sq ft (20.9 sq m)
Total - 5,510 sq ft (511.89 sq m)
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £24,250
Uniform Business Rate 2024/25: 56.2
Gross Rates Payable: £13,628.50
We advise all interested parties should make their own enquires with the Valuation Office Agency and Local Authority in this regard.
The property is available freehold, on terms to be agreed.
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. However, in this instance we understand 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.
