The subject property comprises a four storey mid terrace building of traditional construction. The ground floor has a glazed frontage onto Hanbury Road and was most recently utilised as a recruitment agency and provides office / sales area and ancillary space to the rear by way of two separate office/meeting rooms. The lower ground floor provides further office accommodation. The first and second floors are separately accessed at the front of the property and provide 4 rooms, kitchen and wc/bathroom facility.
The subject property is situated within the centre of Pontypool on Hanbury Road, one of the main commercial thoroughfares. The area comprises a mixture of commercial occupiers.
From measurements taken on site we have calculated the following approximate floor areas:-
Lower Ground Floor 1212 sq ft (113 sq m)
Ground Floor 881 sq ft (82 sq m)
First Floor 419 sq ft (39 sq m)
Second Floor 346 sq ft (32 sq m)
Total 2,858 sq ft (266 sq m)
SERVICES
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 online enquiries of the Valuation Office who confirm the following Rateable Value:
Basement and Ground Floor
Rateable Value: £4,150
Uniform Business Rate 2022/23: 53.5
Gross Rates Payable: £2,220
We advise all interested parties should make their own enquires with the Valuation Office Agency and Local Authority in this regard.
First and Second Floor
Council Tax Band TBC
The property is available to purchase on a freehold basis with full vacant possession. The property is also available by way of a full repairing and insuring lease for a term of years to be agreed at a rental of £18,000 per annum exclusive.
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. There is no VAT payable.
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.
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.
