Retail premises to let in Lion House, 2 Commercial Street, Pontypool NP4

Pontypool is a town with a primary population approaching 36,000 located in the borough of Torfaen, approximately 10 miles North of Newport. The subject property is located in a prominent position on the corner of Commercial Street and Crane Street in the heart of the town centre. Nearby occupiers include Barclays Bank, New Look, Specsavers, Greggs, Boots Pharmacy and Wilkinsons.

Description

The property offers accommodation over ground and basement and is accessed directly from Commercial Street.

Terms

The property is available by way of assignment or subletting of an existing lease which expires on 23rd June 2023. The lease is on internal repairing and insuring terms.

Quoting rent - Upon application.

Rateable value

The property has a current rateable value of:-

Rateable value - £15,500

Rates payable - £8,153

Interested parities are encouraged to make their own enquiries with the Local Rating Authority.

VAT

tbc

accommodation

The property provides the following approximate areas and dimensions:-

Gross Frontage 13.01 m 42 ft 07 ins

Net Frontage 12.67 m 41 ft 06 ins

Internal Width 12.80 m 41 ft 10 ins

Shop Depth 11.53 m 37 ft 08 ins

Ground Floor Sales 147.6 sq.m 1,589 sq ft

Ground Floor Storage 112.8 sq.m 1,215 sq ft

W/C

planning

Our enquiries with the local planning authority indicate that the ground floor has the benefit of planning permission for Class A1 & A2 Use.

Alternative uses will be considered, subject to planning.

EPC rating

122 - E

Legal costs

Each party to bear its own legal costs in dealing with this transaction.