43 - 45 High Street Merthyr Tydfil Mid Glamorgan CF47 8DE

  • 43 - 45 High Street<br>Merthyr Tydfil<br>Mid Glamorgan<br>CF47 8DE

43 - 45 High Street
Merthyr Tydfil
Mid Glamorgan
CF47 8DE

Freehold Retail Investment

  • Prominent town centre location on pedestrianised High Street
  • Asset management opportunities
  • Nearby occupiers include Poundworld, EE, Specsavers, Tesco, HSBC and Barclays Bank
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    78
  • Auction
    7th July 2016
  • Rent
    £28,400 per Annum Exclusive
  • Status
    Sold
  • Price
    £270,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of CBRE Receivers
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Freehold Retail Investment

  • Prominent town centre location on pedestrianised High Street
  • Asset management opportunities
  • Nearby occupiers include Poundworld, EE, Specsavers, Tesco, HSBC and Barclays Bank
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 78
  • Auction 7th July 2016
  • Rent £28,400 per Annum Exclusive
  • Status Sold
  • Price £270,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of CBRE Receivers

Property Information

Location
Miles
24 miles north of Cardiff, 38 miles east of Swansea, 63 miles north-west of Bristol
Roads
A4054, A4102, A465, A470
Rail
Merthyr Tydfil Railway Station
Air
Cardiff Airport
Situation

The property is prominently situated on the east side of the prime pedestrianised High Street, close to St Tydfil Shopping Centre and Beacons Place Shopping Centre. Nearby occupiers include
Peacocks, Barclays Bank, Poundworld and O2.

Tenure

Freehold.

Location
Miles
24 miles north of Cardiff, 38 miles east of Swansea, 63 miles north-west of Bristol
Roads
A4054, A4102, A465, A470
Rail
Merthyr Tydfil Railway Station
Air
Cardiff Airport
Situation

The property is prominently situated on the east side of the prime pedestrianised High Street, close to St Tydfil Shopping Centre and Beacons Place Shopping Centre. Nearby occupiers include
Peacocks, Barclays Bank, Poundworld and O2.

Tenure

Freehold.

Description

The property comprises three retail units with ancillary accommodation on the upper floors.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises three retail units with ancillary accommodation on the upper floors.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Unit No. Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
43 Ground
First		 Retail/Ancillary
Ancillary
47.05 sq m
45.87 sq m
(506 sq ft)
(494 sq ft)
 VACANT      
44 Ground
First		 Retail/Ancillary
Ancillary
231.60 sq m
105.53 sq m
(2,493 sq ft)
(1,136 sq ft)
 PURE IMAGE
FASHIONS
LIMITED		 3 years from
08/04/2014		 £20,000 07/04/2017
45 Ground
Basement
First
Second		 Retail/Ancillary
No access
Ancillary
Ancillary
541.99 sq m
Not measured
540.97 sq m
172.61 sq m
(5,834 sq ft)

(5,823 sq ft)
(1,858 sq ft)
 CARLEON
WHOLESALE
LIMITED (1)		 Licence - 1 year
from 14/12/2015
(2)		 £8,400 13/12/2016
Totals    
1,685.62 sq m
(18,144 sq ft)
     £28,400

(1) The tenant is currently assigning the licence to NT Wholesale Limited.
(2) The Licensor and the Licensee may terminate this licence at any time after 14th February 2016 on no less than 4 weeks’ prior written notice.

Contacts

Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street
Leeds
LS1 2HL
Cameron Baloyi Rigby 0113 283 2500cameron.baloyirigby@walkermorris.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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