The property comprises a two-storey building with a large retail area at ground floor level and storage/ancillary at first floor occupying a prominent roadside position. The ground floor of the property has recently been extensively refurbished. There is a disabled WC on the ground floor with kitchen facilities. The first floor remains in shell condition, offering direct access to the rear car parking area. Externally, the property can be accessed from the front which benefits from a steel security roller shutter door or the rear which leads directly into the first floor storage / ancillary accommodation. Also to the rear there is parking and space for loading / unloading and deliveries.
Bargoed is situated approximately 8 miles North of Caerphilly and 3 miles Northwest of Blackwood. The main A469 provides a direct and convenient access to the A470 Cardiff to Merthyr Trunk Road. The A470 in turn links with the M4 motorway at Junction 32.
The property occupies a prominent position along High Street, the principal shopping thoroughfare in Bargoed Town Centre. Nearby occupiers include Peacocks, Barclays Bank, together with many other multiple retailers and financial service providers.
From measurements taken on site we have calculated the following approximate floor areas:-
Ground Floor
Retail Sales Area - 3,101 sq ft (288.0 sq m)
First Floor
Storage / Ancillary - 2,114 sq ft (196.3 sq m)
Total NIA - 5,215 sq ft (484.4 sq m)
SERVICES
We understand that the property benefits from mains water, drainage and electric. There is no gas. However, we have not tested any of the service installations and prospective tenants must satisfy themselves independently as to the state and condition of such items prior to the transaction completing.
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £16,000
Uniform Business Rate 2023/24: 56.2
Gross Rates Payable: £8,992
We advise all interested parties should make their own enquires with the Valuation Office Agency and Local Authority in this regard.
The property is available freehold on terms to be agreed.
MONEY LAUNDERING
As part of our obligations under the UK Money Laundering Regulations 2017, Brinsons will require any purchaser or tenant to provide proof of identity along with any other supporting documents requested.
LEGAL COSTS
Each party is to bear their own legal costs.
We have been advised that VAT is not currently payable.
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.
