Retail premises to let in Charles Street, Milford Haven SA73

The subject property comprises a large end-terraced, commercial premises currently occupied for use as a retail unit (A1 Use Class), which is situated along an established high street location within Milford Haven town centre.

The ground floor, which can be accessed directly off the main pedestrian walkway to the front via a much larger sales display window and frontage, over two separate entrance doorways, benefits from a shop depth of approximately 21.72 metres. We advise that the main ground floor comprises an open plan sales area equating to a Net Internal Area (NIA) of approximately 722.72 sq.m (7,779.37 sq. Ft.).

Ancillary accommodation is also available over the lower floors, which can either be accessed internally over the main sales area or independently over the rear elevation. The majority of the ancillary accommodation comprises open storage, together with various cellular rooms and additional staff facilities. The subject premises also benefits from a goods lift, which appears to provide access over each floor. However, we have been unable to confirm whether this lift is currently in use and in good working order.

Externally, we note that the main building appears to occupy the entire site, with the exception of a partly enclosed loading area, which is located under a small section of the ground floor accommodation. The enclosed loading area is located along the southwest corner of the site, which can be accessed off Priory Street.

Description

The subject property comprises a large end-terraced, commercial premises currently occupied for use as a retail unit (A1 Use Class), which is situated along an established high street location within Milford Haven town centre.

The ground floor, which can be accessed directly off the main pedestrian walkway to the front via a much larger sales display window and frontage, over two separate entrance doorways, benefits from a shop depth of approximately 21.72 metres. We advise that the main ground floor comprises an open plan sales area equating to a Net Internal Area (NIA) of approximately 722.72 sq.m (7,779.37 sq. Ft.).

Ancillary accommodation is also available over the lower floors, which can either be accessed internally over the main sales area or independently over the rear elevation. The majority of the ancillary accommodation comprises open storage, together with various cellular rooms and additional staff facilities. The subject premises also benefits from a goods lift, which appears to provide access over each floor. However, we have been unable to confirm whether this lift is currently in use and in good working order.

Externally, we note that the main building appears to occupy the entire site, with the exception of a partly enclosed loading area, which is located under a small section of the ground floor accommodation. The enclosed loading area is located along the southwest corner of the site, which can be accessed off Priory Street.

Location

The subject premises is located along a prominent position, fronting Charles Street, which appears to be the primary retail area and the principle shopping thoroughfare within the town centre.

Milford Haven is one of the most populous community in the county of Pembrokeshire, with a population of 13,907 (2011 census), making it the second largest urban area in the region.

Established occupiers within close proximity to the subject premises includes The Post Office, Subway, Coral, Nationwide Building Society and Greggs.

Accommodation

The subject premises affords the following approximate dimensions and areas:

Ground floor

Sales: 722.72 sq.m (7,779.37 sq. Ft.)

Shop Depth: 21.72m (71'3")

Net Frontage: 27.93m (91'7")

Lower ground floor

Ancillary: 483.85 sq.m (5,208.16 sq. Ft.)

Basement

Ancillary: 60.48 sq.m (651.01 sq. Ft.)
with covered loading area to rear, via Priory Street.

Rates

As stated on the voa website the Rateable Value for the subject premises is as follows:

Rateable Value (2023): £33,500

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (cpi) and for the financial year 2023-24 the multiplier will be 0.535.

We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .

Vat

Please be advised that all figures quoted are exclusive of VAT (where applicable).

Terms And Tenure

Our client’s interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).

Potential for sub-division will also be considered (subject to the necessary statutory consents).

Viewings

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: Email: