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McColl’s, Llanidloes, Wales

34-35 Great Oak Street, Llanidloes, Powys, Wales, SY18 6BW

Basic Facts

Property ID: 4851 Post Updated: 2019-06-24 10:41:24
Status: Type:
Tenure: Freehold Gross Rent: £ 16,000
Lease Term: 5 years from October '14

Property Description

  • Freehold, Blue-Chip Convenience Store Investment.
  • The property is arranged on a ground floor only.
  • The site extends 1,243 sq ft.

Location Description

  • Llanidloes is a town on the A470 and B4518 in Powys, Wales.
  • The town is close to the large dam and reservoir Llyn Clywedog. There is a scenic mountain road connecting Machynlleth and Llanidloes.
  • Llanidloes is popular with hikers who walk on the scenic footpaths surrounding the town, including Glyndwr’s Way, which in conjunction with the Offa’s Dyke path forms a 160-mile circuit around Mid Wales and local passage over the spine of the Cambrian Mountains.

Additional Notes

  • The Freehold convenience store is let on a 5 year lease from October 2014, at a current rent of £16,000 p.a.
  • At present, the property is let to Forbuoys Ltd, with the ultimate holding company being Martin McColl Retail Group Ltd which is the UK’s leading neighbourhood retailing group with over 1,250 stores.

Features

Blue-chip tenant
Freehold

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