The premises is a lower ground floor retail unit with a glazed frontage. The open plan retail element benefits from a suspended ceiling fitted with lighting and air conditioning. The unit benefits from a server room, office and staff room/kitchen to the rear in addition to a large stock/store room which provides direct access to the rear car park for loading via double doors
Location
The retail unit is located on the corner of Thompson Street and Greenwood Street just off the main high street (Holton Road) and to the rear of Barry Leisure Centre and Vale of Glamorgan Council civic offices. Nearby occupiers include Home Bargains, Tesco Express and Greggs. Barry is located approximately 5 miles south west of Cardiff and connects to the M4 Motorway 8 miles north at Junction 33 via the A4232 dual carriageway trunk road.
Accommodation
Ground floor 6,000 Sq ft ( 557.4 sq m )
Terms
Services We are advised that all main services are connected to the premises. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
Planning We are verbally advised that the accommodation has planning consent for A1 use but any occupier should make their own enquiries to the Planning Department of Vale of Glamorgan. Tel: 01685 725000 or (www .valeofglamorgan.gov.uk)
Business Rates The rateable value as at April 2023 is £42,750. Thus, rates payable are £24,025.50 for 2024/25. Interested parties should make their own enquiries to Merthyr Tydfil Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www .voa.gov.uk.
Energy Performance Certificate The property is currently being assessed and an EPC will be available upon request shortly.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020 Tenure The property is available on a new full repairing lease with terms to be negotiated or the 299 year lease dated 11 February 2015 is available to purchase.
Rent/Price The property is offered to let for £30,000 per annum exclusive of VAT or £350,000 exclusive of VAT.
Service Charge The current service charge runs at £1,316 per annum exclusive of VAT. Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent/purchase price. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement.
Specification
- Air conditioned
- Office content
- High street frontage