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Retail property (high street)

Retail property (high street)
Added > 14 days

Features and description

•Immediately available To Let Lock-Up Retail/Kiosk Unit long established for use as a hairdressers but considered suitable for a variety of retail and alternate commercial uses subject to the obtaining of any necessary change of use planning permission

•The unit provides for approximately 10.78sq.m (116sq.ft) Net Internal Area of accommodation

•Immediately available To Let under terms of a new FRI Lease for a term of years to be agreed at a rental of £9,500 per annum exclusive

Location - The property is situated in a prominent and convenient location fronting Main Road within the seaside village of Ogmore By Sea.

The property is set within a small parade of three commercial units in an otherwise predominantly residential area.

Description - The property briefly comprises a small Lock-Up Kiosk/Retail Unit considered ideally suited for hair and beauty, alternate commercial or retail uses subject to the obtaining of any necessary change of use planning permission.

The property features a modern uPVC door and window to the front elevation together with modern façade with composite cladding.

Internally, the property is well presented with the benefit of a shared WC.

Tenure - The property is immediately available To Let under terms of a new Full Repairing and Insuring Lease. Lease to be contracted outside of the Security of Tenure Provisions of the Landlord and Tenant Act 1954.

Rental - £9,500 per annum exclusive

Business Rates - The Valuation Office agency website advises a rateable value of £6,200 so ingoing tenant should benefit from almost 100% Small Business Rates Relief.

Epc - Exempt

Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.

Vat - All figures quoted are exclusive of VAT if applicable.

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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Please ask for
Dyfed Miles or Matthew Ashman

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About this agent

Watts & Morgan - Commercial
Watts & Morgan - Commercial
1 Nolton Street Bridgend CF31 1BX
01656 376758
Full profileProperty listings
Watts and Morgan’s Commercial and Professional department is based in Bridgend and offers a wide range of property services covering the South Wales area. Our areas of expertise include:- Commercial agency advice including disposals, acquisition and development appraisal across all property sectors Professional advice including valuation, rent review, lease renewal and rating advice Property Management Development advice for residential, commercial, industrial and leisure schemes RICS Registered Valuers reports and valuations Compulsory Purchase Compensation Strategic Asset Advice For more information or advice please call Watts and Morgan now.
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