Freehold Shop Investment 493.07 sq m (5,307 sq ft) Entirely let to Savers Health and Beauty Limited on a new 5 year lease. Market rent £36,000 per annum WAS SOLD PREVIOUSLY for £575,000.
VAT is applicable
For the year ending 30 December 2023 Savers Health and Beauty Limited reported a turnover of £754.82M pre-tax profit of £61.25M shareholders funds
8 Week Completion Available
Present Lessee Accommodation Lease Details Current Rent (PA) Next Review / Reversion Savers Health and Beauty Limited (1) Ground Floor 291.8 sq m 3,141 sq ft 5 years from 12.07.2024 Tenant only break option in the third year (2) FR& I, subject to a Schedule of Condition £22,000 p.a. Reversion 2029 First Floor 201.27 sq m 2,166 sq ft Total 493.07 sq m 5,307 sq ft (1) For the year ending 30 December 2023 Savers Health and Beauty Limited reported a turnover of £754.82M pre-tax profit of £61.25M shareholders funds of £142.12M and a total net worth of £66.53M (Source: Experian 03.09.2024) (2) Tenant only break option in the third year
Ebbw Vale is the largest town of the Blaenau Gwent County Borough, located 16 miles north-west of Newport and 21 miles north of Cardiff Ebbw Vale is located south of the A465 Heads of the Valley Road between Abergavenny and Merthyr Tydfil Ebbw Vale Town Train Station is located 0.5 miles to the north of the property and provides regular services to Cardiff Central (1 hour) The property is situated on the west side of Bethcar Street, close to its junction with The Walk Occupiers close by include Iceland, BUPA Dental Care, Heron Foods, Sense, Specsavers, Principality Building Society, Poundstretcher, Tui, Greggs and The Post Office
Full Address: 55 Bethcar St, Let Investment, Ebbw Vale, Gwent, Wales, NP23 6HW
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