The property comprises a mid terrace ground floor retail premises with an open plan sales area, stores, and WC facilities. Internally, the accommodation benefits from a main sales area with suspended ceiling, painted and plastered walls and inset fluorescent lighting throughout. Externally the property benefits from prominent frontage onto Cardiff Road.
The property occupies a prominent and central location within Caerphilly town centre on Cardiff Road. Caerphilly town centre features a number of high quality local shops and multiple retailers including Greggs, Pepe's Piri Piri, Savers, Subway, Iceland, Superdrug and the main High Street Banks and Building Societies.
From measurements taken on site we have calculated the following net floor areas:-
Main sales area - 785 sq ft (72.9 sq m)
First Floor Internal Storage - 279 sq ft ( 25.9 sq m)
Second floor storage - 236 sq ft (22 sq m)
Total Area - 1,376 sq ft (127.8 sq m)
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £11,750
Uniform Business Rate 2023/24: 53.5
Gross Rates Payable: £6,286
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.
