Retail property (high street) to rent
Property description & features
•Briefly provides approximately 119.22 sq.m (1269 sq.ft) Net Internal Area of retail sales together with substantial first and second floor ancillary/storage space.
•Immediately available ‘To Let’ under terms of a new FRI Lease for a term of years to be agreed at a rental of £15,000 per annum exclusive.
Location - The property is situated in a prominent location fronting Caroline Street one of the prime retail locations in Bridgend Town Centre. Other occupiers in close proximity include British Heart Foundation, Halifax Building Society and Boots the chemist.
Bridgend is it the administrative and retail centre serving Bridgend County Borough with the town attracting a number banks and multiple retailers.
Description - The property briefly comprises a substantial and imposing three-storey town centre premises briefly comprising of ground floor showroom/retail unit with substantial first and second floor ancillary accommodation above.
The property has the benefit of an imposing shop front and is considered ideally suited for a variety of showroom/retail uses or alternately health and beauty or food and leisure uses subject to the obtaining of any necessary change of use planning permission.
The property briefly provides the following accommodation: -
Lower Sales Area - 66.52 sq.m (702 sq.ft) NIA
Upper Sales Area - 52.7 sq.m (567 sq.ft NIA
Total Retail Sales - 119.22 sq.m (1,269 sq.ft)
First Floor Ancillary Space - 88 sq.m (946 sq.ft)
Second Floor Ancillary Space - 84 sq.m
(910 sq.ft)
Tenure - The property is immediately available ‘To Let’ under terms of a new Full Repairing and Insuring Lease for a term of years to be agreed.
Rental - £15,000 per annum exclusive.
Business Rates - The Valuation Office Agency website advises a ratable value of £20,250.00. Rates payable 2024/2025 of approximately £10,104.
Vat - All figures quoted are exclusive of VAT if applicable.
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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Please ask for
Dyfed Miles or Matthew Ashman
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