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Freehold Betting Office and Ground Rent Investment

7 The Circle, Tredegar, Gwent, NP22 3PS

£110,000
Commercial
About this Property
2019-05-20
110000
Traditional
Commercial
Description

Freehold commercial betting office investment located at 7 The Circle, Tredegar, Gwent, NP22 3PS. The property is let to Coral Racing Limited on a lease expiring in 2027, with no break options. It features a minimum 2.5% per annum compounded uplift at shop review, with the last rent review conducted in 2021. The property is situated in a prominent position in the town center, at the junction of The Circle and Castle Street (B4256), which is the main retail thoroughfare in the area. The rental value is £11,088, and there is no VAT applicable. Six-week completion is available.

Location
More Information
Freehold
The Circle
Planing Authority
Blaenau Gwent
Sold Price History
18 Oct 2018Withdrawn Lot Acuitus
14 Dec 2023Unsold Lot Auction Estates£115,000
16 Oct 2025Available Lot Auction Estates£100,000

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