Prime Town Centre Development Opportunity
with Investment Income
78-85 High Street, Pontypridd, South Wales
Well located retail parade with potential for redevelopment for a variety of uses
JJ
JJ
JJ
Freehold part vacant development/investment
opportunity
Prominent location in an established provincial
town close to the main train station and only
11 minutes to the North of Cardiff City Centre
Surrounding occupiers include Tesco and
Costa Coffee
Savills Cardiff
12 Windsor Place
Cardiff CF10 3BY
+44 (0) 2920 368 900
savills.co.uk
JJ
JJ
JJ
South Wales University main campuses are
within a 10 minute walk
Commercial tenancies currently producing
£67,200 per annum
Potential for re development for residential /
student housing
Crown Copyright - licence no. 100018190. Based on Ordnance Survey 2015.
Not to Scale - For Identification Purposes Only.
Location
Pontypridd is a popular market town located 11 miles to the
North of Cardiff and has a population of 32,694 (2011 Census).
The town is well connected to the capital city along the A470
dual carriageway and situated only 10 miles from junction 32 of
the M4. There are regular train services which run in to Cardiff
approximately every 25 minutes during peak times.
Situation
The property is situated on a prominent corner site fronting
both Sardis Road and the High Street prime retail core of the
town. The property benefits from dual frontage on to Sardis
Road one of the main thoroughfares around the town.
Local retail occupiers include, Tesco Express, Nationwide
Building Society, EE Telecommunication and British Heart
Foundation.
The property itself is a very distinctive and prominent building,
the main part of which was previously used
as a theatre and most recently as a bingo hall.
University of South Wales – Pontypridd Campus is only a
1.4 mile walk from the property. The Pontypridd campus
specialises in Engineering, Nursing, Science and Sports
courses with around 16,000 students enrolled on to the
Pontypridd faculties and 35,000 students are enrolled overall
which makes it the largest University in Wales in terms of the
number of students.
NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office.© Crown copyright licence number
100022432 Savills (UK) Ltd.NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Tenancy Schedule (Areas are provided by the landlord)
No.
Shop
Area
Sq M
Area
Sq Ft
Tenant
Term
Expires
Break
Rent review
78
Chinese
Groceries
57
79
Young Ones
80
Rent
613
Mengyao Zhang
Yuan Hao
3 yrs from
1/9/15
Aug-18
-
-
£7,200
54.26
584
Hayley Kelleher
8 yrs from
1/3/10
Mar-18
-
26/5/14 O.M.
£10,200
Next Level Games
23.89
257
Christopher
Fullstone
3 yrs from
1/2/11
Feb-14
-
-
£5,000
81-82
Signature Travel
Agency
82.42
887
Geraint Morgan
3 yrs from
01/04/15
Apr-18
01/10/2016
-
£11,000
83
The Vapour Den
43.13
464
Alex Rendal
Ashman
1 yr from
15/9/15
Sep-16
-
-
£9,300
84-85
Churchills
115.39
1242
David Kerry
Churchill
8 yrs from
1/9/08
Sep-16
01/09/2014
1/9/12 O.M.
£24,500
Bingo
Hall
Ground floor
Lower balc/1st Flr
Balcony foyer
791.41
289.12
124.22
8519
3112
1337
Andrew Davies –
Hope Community
Church
12m from
23/6/15
Jun-16
Total Rents £67,200
Tenure
Terms
Freehold - Subject to existing tenancies.
VAT
We are seeking offers in the region of £795,000 (Seven
Hundred and Ninety Five Thousand Pounds) subject to
contract and exclusive of VAT for our clients freehold interest.
The vendor will not charge VAT on the disposal.
Viewings and Further Information
EPC
Gareth Carter
+44 (0) 2920 368 913
[email protected]
75-77 High Street – G 156
78 High Street – C 59
79 High Street – C 56
81-82 High Street – C 66
83 High Street – E 109
84-85 High Street – C 61
Matt Tyler
+44 (0) 2920 368 908
[email protected]
Important Notice
Savills, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their
own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily
comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have
not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Designed and Produced by Savills Marketing: 020 7499 8644 | March 2016