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152-158 High St 30,021 sq ft Retail Property Blackwood NP12 1AH £950,000 (£31.64/sq ft)



INVESTMENT HIGHLIGHTS
- Redevelopment Opportunity For Sale
- Potential Retail / Leisure / Residential / Mixed Use (STP)
- Approximately 2,789.01 sq m (30,021 sq ft)
- Former Wilko Store with Ancillary Accommodation on Uppers
- Located in Town Centre
- Offers in excess of £950,000 plus VAT
EXECUTIVE SUMMARY
The property is available for sale. We are seeking offers in excess of £950,000 plus VAT for the property. The property is elected for VAT.
The property provides a mid terrace 3 storey building. The ground floor is a former Wilko retail store benefiting from a double glazed frontage (with security shutter), suspended ceilings, recessed lighting, and tiled floor.
The first floor has a separate entrance at ground floor with a stair case leading to the first floor. It is a regular shape with windows to the front elevation. Previously used for retail, we feel this space has potential for alternative uses (subject to planning).
The second floor (rear only) provides loading access (due to height differences) and was the former stores area for Wilko. There is a commercial lift, linking to the ground floor retail area, staff accommodation, WC’s and offices, as well as stores.
Externally, to the rear of the property is a loading and parking area.
Blackwood is one of the primary towns within Caerphilly County Council, offering a mixture of retail, commercial and residential accommodation. The town lies approximately 17 miles north of Cardiff, 12 miles north-west of Newport and has an estimated population of c 24,000.
The property is well located on High Street in the centre of the town. Nearby occupiers are mainly retailers including the likes of Greggs, Specsavers, Holland and Barratt, Principality Building Society, Mayberry Pharmacy and many more.
The property provides a mid terrace 3 storey building. The ground floor is a former Wilko retail store benefiting from a double glazed frontage (with security shutter), suspended ceilings, recessed lighting, and tiled floor.
The first floor has a separate entrance at ground floor with a stair case leading to the first floor. It is a regular shape with windows to the front elevation. Previously used for retail, we feel this space has potential for alternative uses (subject to planning).
The second floor (rear only) provides loading access (due to height differences) and was the former stores area for Wilko. There is a commercial lift, linking to the ground floor retail area, staff accommodation, WC’s and offices, as well as stores.
Externally, to the rear of the property is a loading and parking area.
Blackwood is one of the primary towns within Caerphilly County Council, offering a mixture of retail, commercial and residential accommodation. The town lies approximately 17 miles north of Cardiff, 12 miles north-west of Newport and has an estimated population of c 24,000.
The property is well located on High Street in the centre of the town. Nearby occupiers are mainly retailers including the likes of Greggs, Specsavers, Holland and Barratt, Principality Building Society, Mayberry Pharmacy and many more.
PROPERTY FACTS
Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
30,021 sq ft
Costar Property Class
B
Year Built
1970
Price
£950,000
Price per sq ft
£31.64
Tenancy
Single
Number of Floors
3
Plot ratio
1.78
Total Plot Size
0.39 ac
Frontage
103 ft on High St
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NEARBY MAJOR RETAILERS
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152-158 High St
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