Retail property (high street) for sale
Property description & features
.Situated in a convenient location on the edge of Porthcawl Town Centre.
.Immediately available for sale freehold tenure at an asking price of £62,500 or to Let Under terms of a new lease at a rental of £4,450 P.A exclusive
Location - The property is situated in a convenient location fronting New Road close to Porthcawl town centre. Porthcawl is a busy seaside resort town that has the benefit of a large resident population and an influx of holidaymakers during the busy summer season. Porthcawl lies approximately 3 miles from Junction 37 (Pyle Interchange) of the M4 Motorway and approximately 8 miles from Bridgend.
Description - The property briefly comprises a ground floor lock-up retail unit being suitable for uses such as a Nail Bar, Beautician or Gents Barber.
Specification includes Iroko hardwood shop front and ceramic tiled floor.
Fixtures and fittings to remain include ceiling fan, 'Louis Poulsen' feature lights and external canopy.
Accommodation - 12.7 sq m (136 sqft) Net Internal Area of accommodation.
W.C
Tenure - The premises are immediately available For Sale freehold tenure and with full vacant possession at an asking price of £62,500.
Alternatively the premises are available To Let under terms of a new Tenant Internal Repairing and Insuring only lease at a rental of £4,450 P.A
Business Rates - The Valuation Office Website advises a Rateable Value of £2,350 so ingoing occupier should qualify for 100% small business rates relief.
Services - The property has the benefit of mains electricity, water and drainage connected.
Epc - Energy Rating - Band E
Vat - No VAT on Sale Price/Rent
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 marketing agents:
Messrs Watts & Morgan LLP
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Please ask for Dyfed Miles or Matthew Ashman
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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