Retail premises to let in Baglan Bay Retail Park, Port Talbot, West Glamorgan SA12

* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Description
The unit comprises a mid terrace retail warehouse with a sales area provided on the ground floor and part mezzanine. WC facilities, storage, a customer lift and rear servicing are provided.
Terms
The unit is available to let via a new lease for a term to be agreed, from August 2020, with 5 yearly upwards only rent reviews on effective full repairing and insuring terms. The current annual service charge for the unit is £7,494.70 pax (£1.49 per sq ft).
Quoting Rent £ 49,500 pax
Rateable value
The 2017 Rateable Value for the unit is:
Rateable Value £ 44,500
Rates Payable (2020/21) £ 23,407
Interested parties are encouraged to make their own enquiries with the Local Rating Authority.
Accommodation
The unit provides the following approximate areas :
Gross Internal Area 467.29 sq m 5,030 sq ft
Mezzanine (approx.) 213.67 sq m 2,300 sq ft
Planning
The unit is able to be used for A1 non-food retail use subject to certain restrictions. Other uses will be considered on a subject to planning basis.
EPC rating
B - 41
VAT
VAT is payable to the rent.
Legal costs
Each party to bear its own legal costs in dealing with this transaction.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Cooke and Arkwright, CF10 on +44 29 2227 9254 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cooke and Arkwright, and do not constitute property particulars. Please contact Cooke and Arkwright for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.