A mid-terraced two storey building comprising retail and office accommodation, which has been extended further to the rear.
Internally, the premises comprises a retail area on the ground floor which is supported by a number of offices/ consultation rooms, kitchen and W.C. facilities. The first floor comprises four cellular office rooms. Externally, the premises provides off road parking to the rear for 3 parking spaces.
The premises is situated within Llanelli town centre along one of the main office sectors, accommodating a large number of professionals such as solicitors, financial advisors and estate agents.
The subject premises is situated along John Street within Llanelli town centre, which is one of the main office sectors, accommodating a large number of professionals such as solicitors, financial advisors and estate agents.
Llanelli town centre provides good lines of communication via the main A484, A476 and the A4138, which eventually leads to the M4 Motorway (J48) approximately 6 miles from the subject premises.
The property provides the following approximate dimensions and areas:
NIA 102.25 SQ.M (1,100.62 SQ.FT)
Sales Area: 55.23 sq.m (594.50 sq.ft)
Consultation Room 1: 11.61 sq.m (124.97 sq.ft)
Consultation Room 2: 10.43 sq.m (112.27 sq.ft)
Office 1: 12.64 sq.m (136.06 sq.ft)
Office 2: 8.37 sq.m (90.09 sq.ft)
Kitchen: 3.97 sq.m (42.73 sq.ft)
NIA 54.57 SQ.M (587.39 SQ.FT)
Office 3: 22.07 sq.m (237.56 sq.ft)
Office 4: 10.02 sq.m (107.86 sq.ft)
Office 5: 13.63 sq.m (146.71 sq.ft)
Office 6: 8.85 sq.m (95.26 sq.ft)
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2017): £7,700
Wales UBR (2018/19): 51.4
From April 2018 the Welsh Government will set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2018-19 the multiplier will be 0.514.
Rates relief for small businesses in Wales will apply up to 31st March 2019. Rates relief for small business with a rateable value up to £6000 will receive 100% relief and those with a rateable value between £6,001 and 12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.
We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit www.voa.gov.uk.
All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (where applicable).
Our client’s interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850