The property comprises a ground-floor retail unit currently undergoing redecoration, making it a flexible blank canvas for various business uses. The unit benefits from prominent retail frontage onto Castle Street, offering excellent visabilty. Internally, the property features an open plan sales area, with additional kitchenette and WC facilities. Externally, there are three dedicated car parking spaces located at the rear of the premises.
The subject property occupies a prominent position on Castle Street, which is one of Caerphilly's main through roads. The property lies in close proximity to the main local and national retailers represented in the town centre, including Greggs, Morrison's, Costa Coffee, as well as national banks and building societies.
From measurements taken from the Valuation Office Agency (VOA), we have calculated the following net floor areas:
Total Net Internal Area: Circa 550 sq ft (51.1 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.
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.
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £5,200
Uniform Business Rate 2024/25: 56.2
Gross Rates Payable: £2,922.40
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 NOT 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.
