- 942 sqft (88 sqm)
- To let / For sale
- £10,000 per Annum / £135,000
**** FOR SALE BY AUCTION ****
Thursday 6th December - 5.00pm
Paul Fosh Auctions
The Park Inn Hotel, Circle Way East, Llanedeyrn, Cardiff, CF23 9XF
The property is located in Nelson town centre and holds a prominent position on Commercial Street. Nelson is located approximately 7 miles north west of Caerphilly and 6 miles north east of Pontypridd. Nelson sits on the A472 which provides a link between the A470 and A469 via Ystrad Mynach.
Notable occupiers in the vicinity include Co-op Supermarket, Ladbrokes, Dominos Pizza and a number of local occupiers.
The property, a former bank, offers ground floor sales accommodation accessed directly from Commercial Street with ancillary office accommodation and staff facilities on the first floor. To the rear of the property is a small parking area accessed via a lane.
The property provides the following approximate areas and dimensions
Ground Floor Sales 87.51 sq.m 942 sq ft
First Floor Anc 75.34 sq.m 811 sq ft
Second Floor Anc 37.81 sq m 407 sq ft
The 2017 Rateable Value for the property is:
Rateable value £22,500
Rates payable £11,228
Interested parties are encouraged to make their own enquiries with the Local Rating Authority.
The property is available by way of a new lease for a term to be agreed
on the basis of FRI terms.
Quoting Rent £10,000
Alternatively the Freehold of the property is available at a Quoting
Price of £135,000.
D - 83
The property is elected for VAT and therefore VAT is payable to the rent and purchase price
Each party to be responsible for their own costs incurred in this transaction.
Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.