The subject property comprises a double width retail unit, which is broadly rectangular in shape, providing a large sales area with potential for sub-divisions to suit individual occupier requirements. Internally, the property benefits from suspended ceilings throughout, with fluorescent tube lighting, carpeting, and perimeter trunking. The property benefits from first floor kitchen and WC facilities, as well as ancillary/storage accommodation.
Pontypridd Town Centre is located approximately 7 miles to the west of Caerphilly, 12 miles to the north west of Cardiff, and 21 miles to west of Newport.
The property occupies a prominent corner plot on the cross section between Taff Street and Gas Road. The retail unit benefits from a large double frontage, with additional return frontage.
Nearby retailers include Iceland, Savers, Peacocks, Specsavers and Holland & Barrett. The subject property also lies adjacent to the Transport for Wales Headquarters at Llys Cadwyn.
From measurements taken on site we have calculated the following approximate floor areas:-
Units 50-51 - 1,572 sq ft (146 sq m)
SERVICES
We understand that the property benefits from mains electric, water and drainage.
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.
PLANNING
The property benefits from A1 Retail planning consent
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £18,000
Uniform Business Rate: 2023/24: 53.5
Gross Rates Payable: £9,630
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 to let by way 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. However, in this instance we understand that VAT is 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.
