Property Description

•Immediately available ‘To Let’ a prime town centre shop and premises situated in a highly prominent location fronting Caroline Street one of the principal retailing locations within Bridgend Town Centre.

•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.

LocationThe 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.

DescriptionThe 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)

TenureThe 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 RatesThe Valuation Office Agency website advises a ratable value of £20,250.00. Rates payable 2024/2025 of approximately £10,104.

VatAll figures quoted are exclusive of VAT if applicable.

EpcPending

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 agents:

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

Please ask for
Dyfed Miles or Matthew Ashman