Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a vacant retail opportunity with both asset management and development potential (subject to obtaining the requisite consents).
Arranged as a triple retail unit to the ground floor with ancillary space to the first floor, the property is offered with full vacant possession and offers evident asset management potential via letting as a single unit. Furthermore, the property could be sub-divided into separate units and let to create a diverse, high yielding, investment. We understand the property was previously let to Wilko for £115,000 per annum.
The upper parts comprise approx. 1,931 sq ft of accomodation and could be suitable for conversion to alternative uses, including residential (subject to obtaining the requisite consents).
Crane Street is one of the principal retail streets in Pontypool, nearby occupiers include Iceland, Boots, and a number of local occupiers. Pontypool Indoor Market is almost immediately adjacent to the property.
Tenure
Freehold
Notes
We understand the property is elected for VAT.