Sheppard's Pharmacy
217-219 Cardiff Road
CF44 6RG

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 one flat
  • VAT free investment
  • Established pharmacy business t/a Sheppard's Pharmacy
  • Lot
  • Auction
  • Rent
    £14,000 per Annum Exclusive
  • Status
  • Price*
  • Sector
  • Auction Venue
    Live Streamed Auction
Important Update
  • Sheppard's Pharmacy, 217-219 Cardiff Road, Aberaman, CF44 6RG
  • Expand
  • Photos
  • Map

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

Property Information

18 Miles North West of Cardiff
A4059, A465
Aberdare Train Station, Cwmbach Train Station
Cardiff Airport

The property is located in the centre of the village of Aberaman on the western side of Cardiff Road, the main route through the village, in a predominantly residential area.




The property comprises retail and ancillary accommodation on the ground floor and one flat on the first floor.


VAT is not applicable to this lot.


There will be no internal viewings 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)
115.39 sq m
(1,242 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)
£14,0005 yearly
RPI-indexed Rent
Reviews (capped
at 3% and
collared at 1%)
Total commercial area of
115.39 sq m
(1,242 sq ft)
plus one flat (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). Accoring 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

  • Catalogue Page
    Updated Date
    File Size
    534 KB
    View PDF
  • Site Plan
    Updated Date
    File Size
    675 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


Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833
Billy StruthBilly Struth +44 (0)20 7034 4854 +44 (0)7824 705
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

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