Specsavers, Market Square, Merthyr Tydfil, Mid Glamorgan CF47 8BY

Specsavers, Market Square, Merthyr Tydfil, Mid Glamorgan CF47 8BY

Commercial
Sold
About this Property
29 July 2020
Sold
Traditional
Commercial
£802,000
Description

The property is a retail investment with a large ground floor retail unit and first floor offices/ancillary space, totaling approximately 11,190 square feet. The ground floor retail unit has a gross frontage of 69 feet and a built depth of 94 feet. It is located in a pedestrianized shopping center with multiple retailers nearby and is directly opposite two shopping centers. The property is on a full repairing and insuring lease to a retail tenant for a term of 15 years starting from September 16, 2019, with a current rent of £50,000 per annum, increasing to £55,000 in 2024 and £60,000 in 2029.

Location
Map location for Specsavers, Market Square, Merthyr Tydfil, Mid Glamorgan CF47 8BY
More Information
Freehold
Planning Authority
Merthyr Tydfil
Address History
16 Sep 2020Sold£802,000

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