Retail property (high street) to rent
Property description & features
.Located on The Triangle Shopping Centre a well established and very busy neighbourhood retail centre.
.Immediately available 'To Let' under terms of a new FRI Lease for a term of years at a rental of £21,000 per annum exclusive.
Location - The Triangle Shopping Centre is located approximately 1.5 miles to the east of Bridgend Town Centre accessed via the B4181 carriageway which links directly to the A473 dual carriage and the M4 Motorway at Junctions 35 and 36.
The Triangle Shopping Centre is a long established and very busy neighbourhood retail centre located on the Brackla housing estate, the largest privately owned estate within Bridgend County Borough.
Occupiers at the centre include Co-op Supermarket, Greggs, Pizza Hut, Well Pharmacy and Betfred.
Description - The property briefly comprises a lock-up retail/business unit that is to be made available in a clean shell condition with previous tenant fitout removed and, if required, with a new aluminium powder coated double-glazed shop front installed.
The unit has a shop width of 6.2m and a depth of 14.99m and provides approximately 92.9 sq.m (1,000sq.ft) Net Internal Area of accommodation.
The property is considered suitable for a variety of retailing and commercial uses subject to Landlord's consent and the obtaining of any necessary change of use planning permission.
Tenure - The property is immediately to 'To Let' by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.
Rental - £21,000 per annum exclusive.
Service Charge - Tenant to enter into the estate Service Charge provisions. Details on application.
Vat - VAT is payable on rent.
Business Rates - The Valuation Office Agency website advises a rateable value of £15,500. Rates payable 2024/2025 of £7,734.50
NB. Occupier should qualify for an element of small business rates relief.
Epc - Pending
Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.
Anti Money Laundering - In order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.
Viewing - Strictly by appointment only through
Sole letting agents:
Messrs Watts & Morgan LLP
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Dyfed Miles or Matthew Ashman
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