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 Available
Guide* £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
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.
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
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.
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.
