Property Description

•Immediately available To Let a town centre retail shop and premises providing approximately 44.3 sq.m (477 sq.ft) net internal area of retail sales together with ancillary/storage space.

•Situated in a prominent and convenient location within Cowbridge Town Centre.

•Immediately available To Let under terms of a new FRI Lease for term of years to be agreed at a rental of £11,000 per annum exclusive.

LocationThe property is situated in prominent location fronting Eastgate within Cowbridge Town Centre.

Cowbridge is one of the principal retail and commercial centres serving the Vale of Glamorgan with a vibrant town centre attracting both local and national retailers and a wide variety of food and drink establishments.

The subject property is located adjacent to Y Bont Faen Dental Centre and Dogs Trust with other retailers in close proximity including Broadleaf Timber Floors, Cats Protection League and Skogstad.

Cowbridge is conveniently located lying just off the A48 dual carriageway with Cardiff lying approximately 12 miles to the east and Bridgend 7 miles to the west.

DescriptionThe property briefly comprises a ground floor mid-terrace lock-up shop and premises long established as a retail unit which is considered suitable for a variety of alternate commercial/business uses subject to the obtaining of any necessary change of use planning permission.

AccommodationGround Floor Sales – 44.3 sq.m (477 sq.ft) Net
Internal Area
Retail Sales ITZA – 36.87 sq.m (397 sq.ft)
Ancillary/Storage Space – 10.26sq.m (110 sq.ft)
WC

TenureThe property is immediately available To Let under terms of new Full Repairing and Insuring Lease outside the Security of Tenure Provisions of the Landlord and Tenant Act 1954.

Rental£11,000 per annum exclusive.

Business RatesThe Valuation Office Agency website advises a rateable value of £10,000 so ingoing Tenant should benefit from small business rates relief. For exact business payable, please contact the Vale of Glamorgan Council Rates Department.

EpcEnergy Rating - Band B

Service ChargeTenant to enter into property service charge arrangements paying a fixed service charge rent of £750 per annum exclusive.

VatVAT is not payable on rent and service charge.

Legal CostsEach party to be responsible for their own legal costs incurred in the transaction.

Anti-money LaunderingIn 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.

ViewingStrictly by appointment only through
sole letting/selling agents:

Messrs Watts & Morgan LLP
Tel: (01656) 644288
Email: [email protected]

Please ask for
Dyfed Miles or Matthew Ashman