Overview

Well Populated Seaside Location For Retail Opportunity

The property comprises a three-storey building under a pitched slate roof.  The accommodation comprises a ground floor banking hall, first floor open plan offices, second floor stores and a basement store. Tenure The property is available by way of an assignment of Barclays existing lease.  The Premises are held on a lease expiring 18th August 2022. Rent The current passing rent is £22,500 per annum. Rates The current rateable value of the bank is £23,000.  Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

The seaside resort town of Porthcawl has the benefit of a large resident population and a significant influx of holiday makers and day trippers during weekends and holiday periods.  The town is located in Wales in the county borough of Bridgend, 25 miles west of Cardiff and 19 miles southeast of Swansea.   The property is located on the northern section of John Street.

Sizes and Measurements

Total Size

4,023sqft

Sales Area

1,966sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,966sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

1,074sqft

Status

Available

Available from

Immediately

Second Floor

Details

Non-Sales

Size

695sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

288sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

18/08/2022

Lease type

Assignment

For rent

£22,500/pa

Specification

  • Prominent Building
  • Conservation Area
  • Rear Access

Floorplan

UNTITLED

Photos

20190401_093341

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