On behalf of private clients we have successfully completed the sale of 13 High Street, Abergavenny for £455,000 reflecting an NIY of 8.41%.
The property is let to Santander UK plc on a recently renewed lease until November 2027 at a rent of £40,000pax and occupies a 100% prime location on the pedestrianised High Street which forms the principal retailing area in the town.
Tom Grimshaw of BHT commented “We had a good level of interest with a number of offers received and I’m pleased to have achieved over the asking price for our client”
Nick Golunski of Calan Retail acted for the purchaser.
