1 George St
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1 George St
3,412 SF Retail Building Pontypool NP4 6LR £125,000 (£37/SF) 9.60% Net Initial Yield
Investment Highlights
- Prominent corner property
- Laminate flooring
- Suspended ceiling
Executive Summary
The ground floor retail unit is available with a guide price of £125,000. Alternatively, the entire freehold, including the residential units on the upper floors is available for purchase at a guide price of 425,000.
The ground floor retail unit is currently let to CCHG Ltd t/a VPZ for a period of 5 years ending on 15th August 2028 subject to a mutual break clause of 6 months notice on 16th August 2026. The current rent is £12,000 per annum exclusive. The tenant is responsible for internal repairs and insurance subject to a schedule of condition.
The ground floor retail unit is currently let to CCHG Ltd t/a VPZ for a period of 5 years ending on 15th August 2028 subject to a mutual break clause of 6 months notice on 16th August 2026. The current rent is £12,000 per annum exclusive. The tenant is responsible for internal repairs and insurance subject to a schedule of condition.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,412 SF
Building Class
B
Year Built
1896
Price
£125,000
Price Per SF
£37
Net Initial Yield
9.60%
NOI
£12,000
Tenancy
Single
Number of Floors
3
Frontage
Amenities
- EPC - E
- Storage Space
1 of 1
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Claire Bignell -
Dan Smith -
M4 Property Consultants
1 of 3
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1 George St
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