Modern purpose built Argos in Newtown sold

Published 1st Feb 2017

Acting on behalf of private clients, Edwards & Co have sold the freehold interest in this well located retail unit.

Situated in a prominent position immediately opposite the bus terminal and the town's main car park the property comprises a modern purpose built retail unit of 9,843 sq ft and benefitting from open A1 planning consent.

The unit is let to Argos Ltd by way of a 20 year lease expiring 16 July 2020 at a rent passing of £98,500 per annum.

It was sold for £910,000 in February 2017. For further information contact Martin Hamer.

Property search

More investment case studies

Radar Portfolio

1 month ago
Edwards sold an industrial investment portfolio on behalf of PAG. The portfolio consisted of 4 industrial assets...
Read more

Q17

1 month ago
Edwards advised Quorum on the disposal of the new build industrial investment.The property, extending to 17,000 sq ft,...
Read more