Summary - UNIT, 96, HIGH STREET NP12 1AF
1 bed 1 bath Retail Property (high street)
Fully let freehold with immediate income and short-term re-letting potential for investors.
Freehold mixed-use building producing £35,400 pa (GIY c.8.9%)
Two ground-floor retail units with new 3-year leases from Sept 2025
Two self-contained first-floor flats let on 12-month tenancies (£725pcm each)
Rear off-street parking for four vehicles (one space per unit)
Retail leases expire Aug 2028 — re-letting/re-gearing risk
Flats use electric room heaters; tenant energy costs may be high
EPCs mixed: commercial A (21); flats D (56)
Located in very deprived area with very high local crime statistics
This is a freehold, fully let mixed-use investment on Blackwood High Street producing £35,400 pa, reflecting a Gross Initial Yield of circa 8.9% at a £400,000 asking price. The building houses two ground-floor retail units with new short leases and two self-contained first-floor flats on 12-month tenancies, providing immediate income and straightforward asset management.
The High Street location benefits from strong pedestrian footfall and national occupiers nearby, helping sustain retail demand. The property includes rear off-street parking (four spaces), modern aluminium shopfronts, and recent build elements; two commercial units have new three-year leases from 1 Sept 2025 at £9,000 each.
Investors should note material considerations: the retail leases are short-term (expiring Aug 2028) which creates re-letting or re-leasing risk; the flats are on 12-month fixed-term tenancies, so income may turnover. EPCs vary (commercial A21; flats D56), and the flats depend on electric room heaters which can increase running costs for tenants.
There is practical upside through lease re-gearing, minor refurbishment of the upper accommodation, or potential conversion/upgrade subject to planning. Equally, the property sits in a very deprived area with very high recorded crime, which may affect rental levels and void risk; prospective purchasers should factor this into underwrite and make their own enquiries on rates, services and tenant covenant strength.
High street retail property for sale in 163 High Street , Blackwood , Blackwood , Caerphilly , NP12 — £249,000 • 1 bed • 1 bath • 2000 ft²
High street retail property for sale in High Street, Blackwood, Caerphilly (County of), NP12 — £180,000 • 1 bed • 1 bath • 1772 ft²
Commercial property for sale in 1 George Street, Pontypool, Monmouthshire, Torfaen, NP4 — £395,000 • 7 bed • 1 bath • 4890 ft²
High street retail property for sale in 18 , Commercial Street, Ystrad Mynach , CF82 — £145,000 • 1 bed • 1 bath • 1127 ft²
High street retail property for sale in 5-7 Bedwlwyn Road, Hengoed, Caerphilly, CF82 — £275,000 • 1 bed • 1 bath • 4000 ft²
Commercial property for sale in High Street, Blackwood, , NP12 — £975,000 • 1 bed • 1 bath • 27847 ft²
