The property comprises an end terrace retail unit with a prominent return frontage. The retail unit accommodates a large sales area with ancillary accommodation at first floor level. Internally, the retail area has a tiled floor covering with suspended tiled ceilings.
The property has a prominent retail frontage to Cardiff Road, Caerphilly's main thoroughfare.
Caerphilly town centre features a number of high quality local and multiple retailers including Ramsdens, Greggs, Subway, Specsavers and the main High Street Banks and Building Societies. The town of Caerphilly lies approximately 8 miles north of Cardiff city centre and enjoys convenient access to A470 dual carriageway and M4 motorway.
From measurements taken on site we have calculated the following approximate Net Internal Areas:-
Ground Floor - 1,655 sq ft (153.75 sq m)
First Floor - 514 sq ft (47.75 sq m)
Total Net Internal Area - 2,169 sq ft (201.51 sq m)
We have made informal, online enquiries with the Valuation Office Agency (VOA) and understand the following:
Rateable Value: £26,750
Business Rate Multiplier 2026/27: 0.43
Gross Rates Payable: £11,502.50
We advise all interested parties should make their own enquiries with the Valuation Office Agency (VOA) and Local Authority in this regard.
The property is available to purchase on a freehold basis, subject to the existing lease to New Look.
TENANCY
The property is currently let to New Look Retailers Limited for a term of three years, expiring on the 1st July 2029. There is a break date on the 2nd April 2027. The passing rent is currently £16,000 per annum. Further lease details available on request.
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.
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.
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.
