The property comprises a substantial 2 storey retail premises which occupies a prominent position in the heart of Caerphilly. Located opposite the brand new library development the property comprises a ground floor retail unit with an expansive open plan area, extensive window frontage and a store area. The first floor comprises a large office / retail area which is carpeted throughout and accessed internally via the ground floor. The property can be refurbished to a bare shell standard with a disabled WC facility, however any in going tenant is to arrange their own internal fit-out to meet their required needs. The property benefits from a planning consent for flats on the first floor. Further plans and a copy of the consent can be provided upon request.
The property occupies a prominent position of the corner of Van Road and Clifton Street in Caerphilly town centre and benefits from an excellent return frontage. Clifton Street forms part of the one way route through Caerphilly town centre
Caerphilly occupies a strategic location just north of the M4 motorway offering easy access to both Cardiff (8 miles south) and Newport (11 miles east). Good road access is afforded via the A468 and A470 providing links to the M4 at Junctions 28 and 32 respectively. Furthermore, Cardiff can be directly accessed via the A469
From measurements taken on site we have calculated the following approximate floor areas:-
2,448 sq ft (227.4 sq m)
2,757 sq ft (256.1 sq m)
Total NIA 5,205 sq ft (483.5 sq m)
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:-
Rateable Value: £12,000
Uniform Business Rate 2017/18: 49.9
Gross Rates Payable: £5,988
The property is available to let by way of a new lease on terms to be agreed alternatively the landlord would give consideration to in selling the property.
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.