The subject development comprises a terrace of modern light industrial / trade counter units with a communal car parking area to the front. The subject units comprise a trade counter style unit with shop front accessed via double glazed alluminium entrance door. There is a mezzanine floor providing additional floor space. Externally the property is secured with an electric roller shutter door and parking is provided directly to the front.
The property is situated in a prominent position on the main
road in Pengam. Pengam lies approximately 2 miles to the west of Blackwood, approximately 13 miles to the north west of Newport and the M4 motorway at Junction 27. Caerphilly lies approximately 10 miles to the south.
From measurements taken on site we have calculated the following approximate floor areas:-
Ground Floor - 2,368 sq ft (220 sq m)
First Floor - 2,863 sq ft (266 sq m)
Total Gross Internal Area: 5,231 sq ft (485.9 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:
Rateable Value: £23,250
Uniform Business Rate 2023/24: 56.2
Gross Rates Payable: £13,066
We advise all interested parties should make their own enquires with the Valuation Office Agency and Local Authority in this regard.
The units are available to let on new lease 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 applicable.
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.
