The property comprises a ground floor retail unit which benefits from an A3 retail planning consent for restaurant / café use. Internally the property has been fitted out as a coffee shop with laminate flooring throughout, tiled walls, LED spotlighting, fire alarm system, store room and disabled WC facility. Externally the property benefits ample customer parking to the rear of the retail parade.
Machen is a large village located 3 miles east of Caerphilly, South Wales. It neighbours Bedwas and Trethomas and is situated approximately 7 miles to the West of the city of Newport.
The village benefits from good road links with the A468 providing efficient access to Caerphilly town centre, Newport, Cardiff and the M4 corridor.
From measurements taken on site we have calculated the following approximate floor areas:-
Retail area 726 sq ft (67.45 sq m)
Storage/WC area 180 sq ft (16.73 sq m)
Total 906 sq ft (84.17 sq m)
SERVICES
We understand that the property benefits from mains electric, water and drainage. 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.
PLANNING
The property benefits from A3 planning consent for restaurant and café use which was granted on 6th April 2020 (Application No. 20/0146/COU).
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £7,400 (from April 2023)
Uniform Business Rate 202/23: 53.5
Gross Rates Payable: £3,959.00
We advise all interested parties should make their own enquires with the Valuation Office Agency and Local Authority in this regard.
We understand that the property benefits from Welsh Government Rates Relief for small businesses. All enquiries should be made directly to Caerphilly CBC in this regard.
SERVICE CHARGE
There is a 10% service charge for upkeep and maintenance of the external areas.
The property is available to let by way of a new lease on terms to be agreed.
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.
