Sheppard's Pharmacy
29-31 Margaret Street
CF45 4RE

Freehold Pharmacy and Residential Investment

  • Entirely let to Avicenna Retail Limited guaranteed by Avicenna Limited on a 15 year lease from completion (no breaks)
  • 5 yearly compounded RPI-indexed Rent Reviews (capped at 3% and collared at 1%)
  • Includes two flats
  • VAT free investment
  • Established pharmacy business currently t/a Sheppard's Pharmacy
  • Lot
  • Auction
  • Rent
    £17,500 per Annum Exclusive
  • Status
  • Price*
  • Sector
  • Auction Venue
    Live Streamed Auction
Important Update
  • Sheppard's Pharmacy<br>29-31 Margaret Street<br>Abercynon<br>CF45 4RE
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

13 miles north of Cardiff
A470, A472, A4059, B4725
Abercynon Train Station
Cardiff Airport

The property is located in the village of Abercynon on the main shopping street on the corner of Margaret Street and Walter Street. Abercynon is 13 mils north-west of Cardiff along the river Taff. Nearby occupiers include several cafe's, restaurants and convenience stores.




The property comprises ground floor retail and ancillary accommodation to a total of 149.59 sq m and two flats on the first floor.


VAT is not applicable to this lot.


There will be no internal viewing of the property due to Covid-19 restrictions

Completion Period

Six week completion


See legal pack

Tenancy & Accommodation

FloorUseFloor Areas
TenantTermRent p.a.xReview/(Reversion)
149.59 sq m
(1,610 sq ft)
Avicenna Retail
Ltd with a
guarantee from
Avicenna Ltd (1)
t/a Sheppard’s
15 years from
completion of the
sale on a full
repairing and
insuring lease (2)
£17,5005 yearly
Rent Reviews
(capped at 3%
and collared at
Total commercial area of
149,59 sq m
(1,610 sq ft)
plus two flats (3)

(1) For the year ending 31st July 2020, Avicenna Retail Limited reported a turnover of £22,782,836, pre-tax profits of £1,078,131 and shareholder funds of £10,571,443 (Source: NorthRow). For the year ending 31st July 2020, Avicenna Limited reported a turnover of £48,744,957, pre-tax profits of £-4,556,151, and shareholder funds of £14,231,084 (Source: NorthRow 24/05/2021). According to Avicenna's website ( Avicenna Pharmacy's "estate of 135 stores is based primarily in the south of England, the north east and Wales. Delivering excellent patient care is central to what we do and each pharmacy succeeds in delivering a high quality service to its local community."
(2) The lease provides a tenant option to extend the lease for a further 10 years.
(3) The above floor areas have been published by the Valuation Office Agency at and the description of the property has been provided by the seller.
(4) The residential accommodation has been sublet. Further information is available in the legal pack.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    File Size
    14 MB
    Login to View
  • Catalogue Page
    Updated Date
    File Size
    551 KB
    View PDF
  • Site Plan
    Updated Date
    File Size
    791 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    File Size
    585 KB
    View PDF


Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833
Billy StruthBilly Struth +44 (0)20 7034
Associate Auctioneers
Rapleys LLP 33 Jermyn Street
Martin Carey
Seller's Solicitors
Hugh James Solicitors Two Central Square
CF10 1FS
John Hussey 020 7936

Useful Links

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now