33-35 Windsor Road Penarth, CF64 1JD

To Let
33-35 Windsor Road, Penarth - Picture 2024-02-28-17-03-29

Agents

Calan Retail logo

Calan Retail

Nick Golunski

Use Class

Use Class

E

Size

Size

1,698 sq ft

Rent pa

Rent pa

£30,000

Description

The property is located in Penarth, a popular town situated approximately 3 miles from Cardiff city centre. The property occupies a prominent position along Windsor Road, Penarth’s prime retail pitch. Notable surrounding occupiers include Bar 44, Coffee #1 and Ocho Lounge.

Key Information

Viewing

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

Accommodation

1,698 Sq.Ft

The property comprises a mid-terrace retail unit that provides accommodation to the ground floor with sales areas to the front with rear stores, office kitchenette and WC facility. The unit is to be split to provide two units, each with the following approximate areas:-

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,698
157.75

Financial

Lease Type

New Lease

Lease Term

Each unit is available on the basis of a new lease for a term of years to be agreed.

Rent

The quoting rent for each unit is £30,000 pax.

Costs

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

Business Rates

Once the unit has been split, a new rateable value will be applied to the two units. Using the existing Rateable Value for the whole building we estimate the following: Rateable Value (est. only) - c.£23,000 UBR (2023/2024) - 0.535 Rates Payable (2023/24) (est. only) c. - £12,300. In addition, 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 Vale of Glamorgan Council.

Rates

Rateable Year:
2023
Rateable Value:
£23,000.00
Rates payable:
£12,300.00
UBR:
53.5p/£

Sustainability

Energy Performance Certificate

97

Energy Performance Certificate Information

The existing property has an EPC rating of D (97) but this will be reviewed once work to split the unit has been carried out.

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 19/11/2024