26 Whitcombe Street Aberdare Glamorgan CF44 7AU

26 Whitcombe Street
Aberdare
Glamorgan
CF44 7AU

  • 26 Whitcombe Street<br>Aberdare<br>Glamorgan<br>CF44 7AU

Freehold Retail Investment with Change of Use Potential

  • Let to Aberdare Estate Agencies Limited
  • Asset management opportunities including potential to negotiate new lease with tenant
  • Potential Change of Use/Development Opportunity on the Upper Parts
  • Nearby retailers include Iceland Foods,
  • Boots Pharmacy, Greggs, B&M and The Works
  • Lot
    38
  • Auction
    13/Dec/2021
  • Rent
    £14,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £80,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

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

Property Information

Location
Miles
22 miles north-west of Cardiff
Roads
A465, A470, M4
Rail
Aberdare
Air
Cardiff
Situation

Aberdare is a town in the Cynon Valley area approximately 22 miles north-west of Cardiff. The property is located in a prominent corner position on the east side of Whitcombe Street, at it's junction with Canon Street. The property is a short walk to Aberdare train station, with nearby retailers including Iceland Foods, Boots Pharmacy, Greggs, B&M and The Works.

Tenure

Freehold.

Location
Miles
22 miles north-west of Cardiff
Roads
A465, A470, M4
Rail
Aberdare
Air
Cardiff
Situation

Aberdare is a town in the Cynon Valley area approximately 22 miles north-west of Cardiff. The property is located in a prominent corner position on the east side of Whitcombe Street, at it's junction with Canon Street. The property is a short walk to Aberdare train station, with nearby retailers including Iceland Foods, Boots Pharmacy, Greggs, B&M and The Works.

Tenure

Freehold.

Description

The property comprises a three storey building arranged as a ground floor shop with ancillary accommodation on the first and second floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

D. See legal pack at www.acuitus.co.uk.

Description

The property comprises a three storey building arranged as a ground floor shop with ancillary accommodation on the first and second floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

D. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x
Ground
First
Second
Retail
Ancillary
Ancillary
74.41 sq m
43.36 sq m
38.28 sq m
(801 sq ft)
(467 sq ft)
(412 sq ft)
ABERDARE ESTATE
AGENCIES LIMITED
t/a Bidmead Cook
Sales & Lettings (1)
5 years from
26/05/2014
(Holding Over) (2)
£14,000
Total
156.05 sq m
(1,680 sq ft)
    £14,000

(1) "Alan Bidmead and Jeffrey Cook have worked together in their local estate agency market for over 30 years and set up their own estate agency business in 2001. The business grew rapidly and is currently the largest estate agency business within the region having 11 branches all set in prominent High Street locations including Ross-on-Wye, Lydney, Cinderford, Coleford, Abergavenny, Crickhowell, Brynmawr, Ebbw Vale, Merthyr Tydfil, Bridgend and Aberdare" (www.bidmeadcook.co.uk).
(2) The tenant has served a S26 notice proposing a 5 year renewal with a tenant option to determine at the third anniversary of the term, at a rent of £6,000 pax.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+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
    23.11.21
    File Size
    640 KB
    View PDF
  • Site Plan
    Updated Date
    23.11.21
    File Size
    870 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
George GoucherGeorge Goucher +44 (0)20 7034 4860 +44 (0)7513 610 710george.goucher@acuitus.co.uk
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Seller's Solicitors
Higgs LLP 3 Waterfront Business Park
Brierley Hill
DY5 1LX
Becky Pickering 01384 327272Becky.Pickering@higgsllp.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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