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1 George St

3,412 SF Retail Building Pontypool NP4 6LR $158,428 ($46/SF) 9.60% Cap Rate

Investment Highlights

  • Prominent corner property
  • Laminate flooring
  • Suspended ceiling

Executive Summary

The ground floor retail unit is available with a guide price of £125,000. Alternatively, the entire freehold, including the residential units on the upper floors is available for purchase at a guide price of 425,000.
The ground floor retail unit is currently let to CCHG Ltd t/a VPZ for a period of 5 years ending on 15th August 2028 subject to a mutual break clause of 6 months notice on 16th August 2026. The current rent is £12,000 per annum exclusive. The tenant is responsible for internal repairs and insurance subject to a schedule of condition.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,412 SF
Building Class
B
Year Built
1896
Price
$158,428
Price Per SF
$46
Cap Rate
9.60%
NOI
$15,209
Tenancy
Single
Building Height
3 Stories
Frontage
16 FT on George Street

Amenities

  • Energy Performance Rating - E
  • Storage Space
  • Listing ID: 33041933

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 1 George St, Pontypool NP4 6LR

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