The property comprises a ground floor retail unit benefiting from a prominent corner position with return frontage. Internally the property is fitted out for its current use as a betting shop and benefits from an A2 (Financial & Professional Services) planning consent.
The property has a prominent retail frontage to Cardiff Road, Caerphilly's main thoroughfare. Caerphilly town centre features a number of high quality local and multiple retailers including New Look, Greggs, Betfred, Subway and the main High Street Banks and Building Societies.
The town of Caerphilly lies approximately 8 miles north of Cardiff city centre and enjoys convenient access to A470 dual carriageway and M4 motorway.
From measurements taken on site we have calculated the following approximate floor areas:-
Retail Area - 770 sq ft (71.5 sq m)
Store / Kitchen - 98 sq ft (9.1 sq m)
Total NIA - 868 sq ft (80.6 sq m)
We understand that all mains services are connected to the property. However we have not tested any of the service installations and prospective occupiers must satisfy themselves independently as to the state and condition of such items prior to the transaction completing
We have made enquiries of the Local Authority who have verbally informed us of the following:-
42 Cardiff Road (Ground Floor)
Rateable Value: £18,250
Uniform Business Rate 2017/18: 49.9
Gross Rates Payable: £9,106.75
The property is available to let by way of an assignment or sub-let of the current lease which expires in March 2020. Alternatively the landlord may consider a surrender of the existing lease and the grant of a new lease on terms to be agreed.
All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction.
Please contact our Caerphilly Office on 02920 867711 if you wish to arrange a viewing appointment for this property or require further information.
Brinsons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.