3-6 Cardiff Street Aberdare Glamorgan CF44 7DP

3-6 Cardiff Street
Aberdare
Glamorgan
CF44 7DP

Substantial Unbroken High Yielding Freehold Retail Parade Investment

Unbroken two/three storey retail parade comprising 7 shops
Tenants include Argos, Peacocks, British Red Cross and Cardfactory
Also includes a barber, charity shop and wellness centre
Argos, British Red Cross and Cardfactory leases recently renewed
Approximately 2,368.48 sq. m. (25,687 sq. ft.)
Includes secure rear car park

Lot
18
Auction
27th March 2025
Rent
£111,400 per Annum Exclusive
Status
Sold
Price
£750,000
Auction Venue
Live Streamed Auction

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Substantial Unbroken High Yielding Freehold Retail Parade Investment

Unbroken two/three storey retail parade comprising 7 shops
Tenants include Argos, Peacocks, British Red Cross and Cardfactory
Also includes a barber, charity shop and wellness centre
Argos, British Red Cross and Cardfactory leases recently renewed
Approximately 2,368.48 sq. m. (25,687 sq. ft.)
Includes secure rear car park

Lot 18
Auction 27th March 2025
Rent £111,400 per Annum Exclusive
Status Sold
Price £750,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 22 miles north-west of Cardiff
Roads: A465, A470, M4
Rail: Aberdare Railway Station
Air: Cardiff Airport

Situation

The property is situated on the northern side of Cardiff Street at its junction with Station Street, in the heart of Aberdare town centre. The property is adjacent to the busy Aberdare Market Quarter and close to Aberdare Bus Station and the High Street Car Park.

Tenure

Freehold.

Location

Miles: 22 miles north-west of Cardiff
Roads: A465, A470, M4
Rail: Aberdare Railway Station
Air: Cardiff Airport

Situation

Tenure

Freehold.

Description

The property comprises a substantial unbroken retail parade providing 7 shops, arranged over the ground and first and second floors. The property benefits from allocated parking behind a secure barrier.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas Approx. sq. m. (4)	Floor Areas Approx. (sq. ft.) (4)	Tenant	Term	Rent p.a.x.
Unit 1	Ground First	Retail Ancillary	360.38 160.53	(3,879) (1,727)	PEACOCKS STORES PROPERTIES LIMITED t/a Peacocks	5 years from 30/06/2021	£40,000
Unit 2	Ground First	Retail Ancillary	95.90 53.30	(1,032) (573)	THE BRITISH RED CROSS SOCIETY t/a British Red Cross	5 years from 05/05/2023	£7,000
Unit 3	Ground First	Retail Office	183.68 106.50	(1,977) (1,146)	SPORTSWIFT LIMITED t/a Card Factory	5 years from 29/07/2023 (1)	£14,000
Unit 4	Ground First	Retail Ancillary	129.40 80.10	(1,392) (862)	INDIVIDUAL t/a Kings Barber	5 years from 24/06/2021	£6,000
Unit 5	Ground First	Retail Ancillary	130.89 68.20	(1,408) (734)	DANOOM WELLNESS LIMITED t/a Danoom Wellness	5 years from 04/04/2024 (2)	£6,900
Unit 6	Ground/ First/ Second	Retail/ Ancillary	90.00	(969)	TY HAFAN t/a Ty Hafan Charity Shop	10 years from 29/09/2007 (Holding Over)	£17,500
Unit 7	Ground/ First/ Second	Retail/ Ancillary	928.00	(9,988)	ARGOS LIMITED t/a Argos	5 year from 25/12/2024 until 24/12/2029 (3)	£20,000
Total			2,386.48	(25,687)			£111,400

(1) The lease provides for a tenant option to determine on 29/07/2026.
(2) The lease provides for a tenant option to determine on 04/04/2027.
(3) The lease to Argos was recently renewed and the tenant benefits from a half rent period until June 2025. The vendor will 'top-up' the rent from completion of the sale until the end of the half rent period. The lease provides for a tenant option to determine on 25/12/2027.
(4) Floor areas provided by VOA and EPC Register.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.