Summary - Wilkinson,152-158 High Street,BLACKWOOD,NP12 1AH NP12 1AH
1 bed 1 bath Commercial Property
Large freehold building for investors and developers in central Blackwood.
Extensive footprint c.27,847 sq ft across three floors
A very large freehold commercial building in Blackwood town centre offering c.27,847 sq ft across three floors. The ground floor provides prominent high-street retail frontage with large display windows and direct main road access, while upper floors are flexible for office or light industrial use.
The property is marketed as a development opportunity: pending planning could allow conversion of upper levels into residential dwellings, with limited rear parking. Broadband speeds are fast and mobile signal is excellent, supporting either commercial occupiers or future residential use. VAT at 20% is chargeable on the sale price.
Important considerations: the building sits in a very deprived area with very high local crime rates, which will affect tenant mix, rental values, and residential marketability. The site requires refurbishment and possible reconfiguration to realise residential planning and modern commercial standards. There is no flooding risk.
This asset suits investors or developers prepared to manage refurbishment, security and local-market challenges to unlock long-term income or redevelopment value.
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