1 Commercial Street Pontypool, NP4 6JJ

£ 20,000 pa / 1,340 sq ft
1 Commercial Street, Pontypool - Picture 2024-02-28-16-11-19
Use Class

Use Class

E(a)

Size

Size

1,340 sq ft

Rent pa

Rent pa

£20,000

Description

Former bank premises To Let

Pontypool is a busy town approximately 9 miles north of Newport and 20 miles north-east of Cardiff with easy access to the M4 from the A4042 dual carriageway. The premises are situated on the northern side of the pedestrianised Commercial Street at its junction with George Street. Nearby occupiers include Boots, Greggs and Specsavers.

Key Information

Viewing

Staff are unaware and viewings are strictly by prior appointment with joint sole agents Calan Retail.

Accommodation

1,340 Sq.Ft

The property comprises an attractive three storey corner building providing a ground floor banking hall, ancillary basement and first floor accommodation with the following approximate dimensions and areas:

Dimensions
Feet
Metres
Gross Frontage
33.6
10.2
Internal Width
27.5
8.35
Shop Depth
49.4
15.03
Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,340
124.5
Basement Anc
702
65.2
First Floor Anc
408
37.9

Financial

Lease Term

The property is available on a new FRI lease for a term to be agreed at a quoting rent of £20,000 pax. Subject to contract and VAT.

Rent

Subject to contract, rental offers are invited in the region of £20000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Costs

Each party is to be responsible for their own legal costs incurred in this transaction.

Business Rates

Rateable Value (2023/2024) - £14,000 UBR - 0.535. For the year 2023/24 retail, leisure and hospitality businesses receive 50% non-domestic rates relief. Interested parties are advised to verify the actual rates payable with Torfaen Council.

Rates

Rateable Year:
2023
Rateable Value:
£14,000.00
UBR:
53.5p/£

Sustainability

The property has an EPC rating of x.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 22/07/2024