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Optician, Blackwood, Wales

Unit 3 The Market Place, Blackwood, Gwent, NP12 1AU

Basic Facts

Property ID: 12380 Post Updated: 2020-06-04 15:15:42
Status: Type:
Tenure: Virtual Freehold Area: 1705 sq ft
Gross Rent: £ 14,400 VAT applicable: Yes

Property Description

  • Virtual Freehold Medical Shop Investment.
  • Comprising a 1,705 sq.ft. ground floor shop.

Location Description

  • Blackwood is a busy town located 10 miles north-west of Newport and 16 miles north of Cardiff.
  • The town is in close proximity to the A4048 providing access to the M4 Motorway (Junction 32).
  • The property is situated in the Market Place Shopping Centre, on the west side of High Street (B2451).
  • Occupiers close by include Superdrug, EE, Lloyds Bank, Greggs, Halifax, Holland and Barrett, Poundland and Carphone Warehouse amongst others.

Tenancy

  • Let to Elliot Bateman Ltd (t/a Bateman Opticians) for 15 years from 27/09/2019 No Rent Reviews FR& I for £14,400 p.a.
  • Bateman Opticians was founded in 1985 and supply a full range of optometrio services NHS and Private eye examinations (Source:www:batemanopticians.com 24.02.2020)

Additional Notes

  • The property is held on a Virtual Freehold lease for 999 years from the date of completion at a fixed peppercorn ground rent plus service charge.

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