£950,000

Retail premises for sale

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From

£950,000

(£31.64/sq. ft)

Retail premises for sale

High Street, Blackwood NP12

30,021 sq. ft

Local area information

Property location

Nearby amenities

  • Libanus Primary School 0.3 miles
  • Blackwood Primary School 0.4 miles
  • Pengam 1.6 miles
  • Hengoed 1.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Blackwood to find out more about the local area.

Features and description

  • Redevelopment Opportunity For Sale
  • Potential Opportunity to Convert to Leisure/Residential
  • Parking and Loading Bay to Rear
  • 30021 Sq Ft 2789 Sq M
  • Commercial Lift
Location


Blackwood is one of the primary towns within Caerphilly County Council, offering a mixture of retail, commercial and residential accommodation. The town lies approximately 17 miles north of Cardiff, 12 miles north-west of Newport and has an estimated population of c 24,000.

The property is well located on High Street in the centre of the town. Nearby occupiers are mainly retailers including the likes of Greggs, Specsavers, Holland and Barratt, Principality Building Society, Mayberry Pharmacy and many more.
Description


The property provides a mid terrace 3 storey building. The ground floor is a former Wilko retail store benefiting from a double glazed frontage (with security shutter), suspended ceilings, recessed lighting, and tiled floor.

The first floor has a separate entrance at ground floor with a stair case leading to the first floor. It is a regular shape with windows to the front elevation. Previously used for retail, we feel this space has potential for alternative uses (subject to planning).

The second floor (rear only) provides loading access (due to height differences) and was the former stores area for Wilko. There is a commercial lift, linking to the ground floor retail area, staff accommodation, WC’s and offices, as well as stores.

Externally, to the rear of the property is a loading and parking area.
Accommodation


Ground floor 1,102.67 sq m 11,869 sq ft
First floor 981.32 sq m 10,563 sq ft
Second Floor (rear only) 705.01 sq m 7,589 sq ft

Total 2,789.01 sq m 30,021 sq ft
Planning


We understand that the property benefits from planning consent for retail and ancillary use.

We believe the property (particularly the upper floors) have potential for alternative uses. These may include residential or leisure uses and will be subject to planning. We recommend that interested parties make their own enquiries to the local authority.
Tenure


The property is available for sale. We are seeking offers in excess of £950,000 plus VAT for the property. The property is elected for VAT.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Caerphilly
  4. Blackwood
  5. High Street