Immediately available To Let a prime retail unit suitable for a variety of retail, leisure or office uses subject to any necessary planning consents.
Available To Let under terms of effective FRI terms at a rental of £14,000 pa.
Tenant incentives available subject to status.
The property is situated in a prime trading location within the historic and highly sought after market town of Cowbridge, Vale of Glamorgan. The property immediately fronts High Street opposite the town hall and adjacent to Costa Coffee. Other occupiers on the High Street in close proximity include Greggs the Bakers, WH Smith and Thomson Travel Agents. Immediately to the rear of the property is the recently developed Birds Lane Retail Development where occupiers include Waitrose, Fat Face and Café Nero.
Cowbridge is conveniently located lying just off the A48 dual carriageway approximately 7 miles north east of Bridgend and approximately 12 miles south of Cardiff.
The property briefly comprises of a ground floor lock-up shop and premises that has the benefit of a period shop front and a recessed pedestrian entrance lobby.
The property essentially comprises of an open plan retail space providing in total approximately 34.75 sq m (374 sq ft) net internal area of retail accommodation (albeit with this space currently configured so as to provide for salon accommodation to the front of the property and an enclosed stock room to the rear).
Tenant to enter into property service charge arrangements paying a fixed S.C of £1,000 pa.
The property is immediately available To Let under terms of a new effective FRI lease for a term of years to be agreed.
Rental at £14,000 per annum exclusive.
The Valuation website advises a rateable value of £13,500 so rates payable 2019/20 of £7,101 PA.
All figures quoted are exclusive of V.A.T. if applicable.
Each party to be responsible for their own legal costs incurred in the transaction.
Strictly by appointment only through sole letting agents:
Messrs Watts & Morgan
Tel: (01656) 644288
Email: [email protected]
Please ask for Dyfed Miles or Sara Magness