The subject property comprises a three storey purpose built office building. To the front of the building is a communal reception area. The building benefits from uPVC double glazed windows throughout. Internally, the suites are carpeted with plastered and painted walls and benefit from gas central heating. Each suite also benefits from a small kitchen and separate male and female toilets. Externally, there is a small dedicated car parking area. The accommodation comprises a ground floor currently configured to provide a reception, WC's and two office suites. The specification includes: - - Recessed lighting - Perimeter trunking - Double glazed windows - Fully carpeted - DDA compliant
St Fagan's House is situated on St Fagan's Street, close to Caerphilly Town Centre. The property also back's onto Park Lane, which in turn, overlooks Caerphilly Castle. Caerphilly itself is located approximately 7 miles north of Cardiff and 9 miles west of Newport. The A470 Cardiff to Merthyr Tydfil dual carriageway gives access to the M4 motorway at Junction 32.
Caerphilly bus and train station are located only a short distance from the property. National retailers within the Town Centre include Iceland, Sports Direct, Superdrug, Subway, Greggs, as well as national bank and building societies.
From measurements taken on site we have calculated the following approximate floor areas:-
Total Floor Area - 4,151.7 sq ft (385.7 sq m)
SERVICES
We understand that the property benefits from mains gas, 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.
We have made online enquiries of the Valuation Office who confirm the following:-
Rateable Value: £28,250
Uniform Business Rate 2024/25: 56.2
Gross Rates Payable: £15,876.50
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 freehold, on terms to be agreed.
SERVICE CHARGE
There will be a service charge provision to cover the upkeep of the common parts. Further details on application
TENNCY
The property is currently fully let to Barod, which is a registered charity, for a term of 12 years from 20.04.2017. The lease is subject to four yearly rent review, and breaks every two years. We are advised that the tenant has currently paid two years rent in advance. The benefit of which will be transferred to any prospective purchaser.
Further details on request.
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.
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.
