Retail premises to let in Prime Retail Unit, 11 Adare Street, Bridgend CF31

•Immediately available “To Let” a prime town centre lock-up retail/business unit providing approximately 114 sq m (1,228 sq ft) net internal area of retail sales together with ground, first floor and second floor ancillary/storage space.

•Situated in a prime retailing pitch with other occupiers in close proximity including Vodafone, H Samuel, Hayes Travel, O2, Superdrug and Nat West Bank plc.

•Immediately available “To Let” under terms of a new Fri Lease for a term of years to be agreed at an asking rental of £10,000 per annum exclusive.

Location

The property is situated in a prime retailing pitch within Bridgend Town Centre.

Bridgend in the administrative and retail centre serving Bridgend County Borough with the town attracting a number of multiple retails and the usual high street banks. Bridgend enjoys excellent road and rail links with a mainline train link to London Paddington.

Description

The property briefly comprises of a mid-terraced two storey lock-up shop and premises. The property features a modern powder coated aluminium shop front and has the benefit of rear loading/unloading.

The property is considered to be suitable for a variety of retail, business, food and drink or health care type uses subject to the obtaining of any necessary change of use planning consent.

The property briefly provides the following accommodation:
Retail sales - 114 sq m (1,228 sq ft) NIA
Retail sales itza - 72.88 sq m (784 sq ft)
Ground floor ancillary - 9.36 sq m (101 sq ft)
First floor ancillary - 44.6 sq m (480 sq ft)
Second floor ancillary - 72.16 sq m (776sqft)

Tenure

The property is immediately available “To Let” under terms of a new Fri Lease for a term of years to be agreed at a rental of £10,000 per annum exclusive.

Rental

£10,000 per annum exclusive.

Tenant Incentives

Tenant’s incentives such as a short rent free
period and/or concessionary rental may be
made available subject to status.

Business Rates

The Valuation Office Agency website advises a rateable value of £25,500. For rates payable please contact Bridgend County Borough Council Rates Department.
Nb. The tenant should benefit from 100% rates concession for financial year 2021/22.

Epc

Energy Performance - Band D

Vat

All figures quoted are exclusive of VAT if applicable.

Legal Costs

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

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 letting agents:

Messrs Watts & Morgan llp
Tel: Email:

Please ask for Dyfed Miles or Matthew Ashman