123-127 High St | Blackwood NP12 1AB
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- LoopNet Team
123-127 High St
Blackwood NP12 1AB
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 3 No. adjoining mid terraced properties with commercial use on the ground and basement floors and planning permission for residential at first floor.
- Estimated Rental Valuation of £66,500 based on conversion of first floor to residential and full occupancy.
- Current income circa £33,000 per annum reflecting a Net Initial Yield of 5.2% (based on purchaser costs of 6.75%).
PROPERTY FACTS
Property Type
Retail
Property Subtype
Shopfront
Property Size
6,808 sq ft
Costar Property Class
B
Year Built
1976
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.56
Total Plot Size
0.10 ac
Parking
2 Spaces (0.87 Spaces per 1,000 sq ft Leased)
Frontage
68 ft on High Street
AMENITIES
- EPC - D
- Storage Space
ABOUT 123-127 HIGH ST , BLACKWOOD, BGW NP12 1AB
The property comprises 3 No. adjoining mid terraced traditional premises, arranged as 3 No. retail units at ground floor and basement with separately accessed first floor accommodation which has the benefit of planning permission for 3 flats (2 x 2 bed and 1 x 3 bed). To the rear of the property there is a car parking area.
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