Retail premises for sale in Commercial Street, Llantwit Major CF61

•Immediately available For Sale a character two-storey town centre property briefly comprising of fully fitted out ground floor restaurant/café and premises with self-contained two-storey living accommodation over.

•Being made available with full vacant possession on ground floor and with the first floor flat let under terms of an Occupational Contract at a rental of £725 pcm.

•Immediately available For Sale freehold tenure at an asking price of £305,000.

Location

The property is situated in a prominent and convenient location within Llantwit Major Town Centre on the corner of Stag Lane and Commercial Street.

Llantwit Major Town Centre is a compact yet vibrant retail and commercial centre attracting predominantly independent retailers, restaurateurs and leisure operators with the town centre being anchored by a number of multiple retailers including a Co-op food store, Boots the chemist, Filco foods and Greggs the bakers.

Llantwit Major is one of the principal retailing and food and drink destinations serving the Vale of Glamorgan with Llantwit lying approximately 5 miles south of Cowbridge and approximately 10 miles south east of Bridgend.

Description

The property briefly comprises of a prominent end of terrace two-storey shop and premises situated in a highly prominent Town Centre location.

The property is constructed with solid stone elevations finished externally to a smooth concrete render and constructed under a tiled pitch roof. The property features hardwood windows and entrance doors throughout and has an attractive hardwood shopfront to the front elevation.

The property briefly comprises of a ground floor restaurant/café and premises and self-contained two-storey living accommodation over. The ground floor of the property is fully fitted out as a restaurant/café and premises and is to be made available with the existing fit-out and a range of trade fixtures and fittings.

The restaurant/café provides for approximately 42 covers, a professional kitchen, unisex WC and first floor office/ancillary storage space.

The self-contained first floor living accommodation briefly comprises open-plan lounge and kitchen, family bathroom and 2 double bedrooms.

Externally, a small enclosed courtyard provides useful storage space for the ground floor accommodation.

All mains services connected.

Tenure

The property is to be sold freehold tenure with vacant possession on ground floor and with the benefit of the letting of the first floor accommodation on the following basis: -

First floor – let to a private individual under terms of an Occupational Contract for 6 months from the 12th February 2024 at a rental of £725 pcm.

Sale Price

£305,000

Epc

Ground Floor Energy Rating - Band C
First Floor Energy Rating- D

Legal Costs

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

Vat

We are advised that there is no VAT on the sale price.

Anti Money Laundering

In 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

Viewing

Strictly by appointment only through
sole selling agents:

Messrs Watts & Morgan llp
Tel: Email:

Please ask for
Dyfed Miles or Matthew Ashman