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

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

Q17

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