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.

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