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This property is no longer on the market

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Retail property (high street)

Retail property (high street)
Added > 14 days

Features and description

.Attractive Kiosk/retail unit suitable for a variety of uses such as a Nail Bar, Beautician or Gents Barber.

.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

Property information from this agent

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About this agent

Watts & Morgan - Commercial
Watts & Morgan - Commercial
1 Nolton Street Bridgend CF31 1BX
01656 376758
Full profileProperty listings
Watts and Morgan’s Commercial and Professional department is based in Bridgend and offers a wide range of property services covering the South Wales area. Our areas of expertise include:- Commercial agency advice including disposals, acquisition and development appraisal across all property sectors Professional advice including valuation, rent review, lease renewal and rating advice Property Management Development advice for residential, commercial, industrial and leisure schemes RICS Registered Valuers reports and valuations Compulsory Purchase Compensation Strategic Asset Advice For more information or advice please call Watts and Morgan now.
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