West End, Llanelli

£7,200 Per annum

Description

The subject property comprises a large ground floor retail unit, which has been extended further to the rear and was occupied for use as a public house premises.

The premises is currently presented in a shell condition with the majority of the second fix of construction underway. Please be advised that the proposed quoting rent disclosed within the particulars is reflected in its current condition.

Additional designated car parking for approximately 4-6 vehicles is also available to the rear, which can be accessed off the lane over the main highway (Vauxhall).

Location

The property is located directly off West End, along a prominent main road position, within Llanelli Town Centre.

The subject premises is situated within an established mixed use location which accommodates a range of occupiers including professional offices, the main town library and magistrates court etc. The premises is also located within the immediate proximity of one of the main pay and display public car parks.

West End also forms part of the main ring road (A484), which provides immediate access to established amenities within the town.

Accommodation

The subject property affords the following approximate dimensions and areas:

GROUND FLOOR

Net Internal Area: 91.16 sq.m (981.33 sq. ft.)

Sales Area: 80.53 sq.m (866.84 sq. ft.)
Masked slightly by various load bearing walls, with recently fitted sales display window unit with a Net Frontage of 4.39m.

Shop Depth (max): 16.55m (55’2”)

Internal Width (max): 5.98m (19’8”)

W.C. Facilities

Staff Kitchen: 10.63 sq.m (114.42 sq. ft.)
Currently presented in a shell condition.

Rates

The Rateable Value for the subject premises is as follows.

Rateable Value (2017): £1,625

Please note that the current Rateable Value was for its use as a public house premises and we therefore advise that the subject premises may be eligible for reassessment.

From April 2018 the Welsh Government will set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2020-21 the multiplier will be 0.535.

Rates relief for small businesses in Wales will apply up to 31st March 2020. 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

Vat

All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (where applicable).

Terms & tenure

Our Client’s interest is available by the way of a new effective Full Repairing & Insuring Lease, to be let in its current condition (under terms to be negotiated).

Viewing

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net