SHOP TO LET

The property is of traditional masonry construction arranged over ground, first and second floors. The ground floor comprises of a banking hall, interview rooms, back office functions and 2 rear strong rooms. The first floor comprises of female/ male toilets, a kitchenette and ancillary stores. The third floor comprises of additional stores. The property benefits from a rear yard accessed via Upper Street which provides car parking and loading facilities. Tenure The property is held on an existing fully repairing and insuring lease for a term of 15 years expiring 03rd June 2023. The next rent review is due on the 4th June 2017 (Annual RPI Linked Review). Rent Current rent passing £50,065 per annum, exclusive. Terms The property is available by way of assignment or sublease of the lease. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £30,750.00 and the rates payable are £15,344.25 pa. The UBR for 2017/2018 is 49.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Maesteg is situated at the northernmost end of the Llynfi Valley, close to the border of Neath- Port Talbot. The town is approximately 7miles west of Port Tabolt, 9 miles north of Bridgend and 27 miles north-east of Cardiff. The property itself is located within the heart of the town and occupies a prominent position on Tabolt Street where there is a good range of local and national occupiers. Major retailers within the immediate local vicinity include: Card Factory, Greggs, Specsavers and New Look.

Sizes and Measurements

Total Size

5,867sqft

Sales Area

3,050sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Status

Under offer

Available from

Now

Ground Floor

Details

Retail

Size

3,050sqft

Status

Under offer

Available from

Immediately

First Floor

Details

Non-Sales

Size

1,579sqft

Status

Under offer

Available from

Immediately

Basement

Details

Non-Sales

Size

1,238sqft

Status

Under offer

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£50,065/pa

UBR

48p

Ratable Value

£30,750.00

Business Rates

£14,760/pa

Specification

  • Central pitch
  • Rear off-street parking (4 Spaces)
  • Lies within Maesteg Conservation Area

Floorplan

MAESTEG GOAD

Photos

IMG_7501 PHOTO

Map Data
Map data ©2018 Google
Map DataMap data ©2018 Google
Map data ©2018 Google
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