3 Newmarket Walk , Newmarket Walk, Merthyr Tydfil
Merthyr Tydfil , CF47 8EG

  • map
Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311

Specification

  • RETAIL
  • 3,993 sqft (371 sqm)
  • To let
  • £37,500 per Annum

Description

St Tydfil shopping centre is the prime shopping destination in Merthyr Tydfil town centre. Occupiers within the scheme include Poundland, Iceland, Boots, Costa, Greggs and Savers. Footfall figures can be provided on request.

The new bus station is located to the south of the scheme. Merthyr benefits from good transport links to neighbouring towns via the A470 and A465.

Adjacent occupiers are The Works and Candy Hut, with nearby occupiers including Savers, Poundland and Well Pharmacy.

DESCRIPTION

The unit is directly accessed from Graham Way. Access for deliveries is provided to the service area. Access is also provided via the basement area.

TERMS

The unit is available to let on the basis of a new lease for a term to be agreed, via effective full repairing and insuring terms via a service charge.

Quoting rent £37,500 pax

RATEABLE VALUE

The 2017 Rateable Value for the property is:

Rateable value £37,500
Rates payable £20,062

Interested parties are encouraged to make their own enquiries via the
Local Rating Authority.

SERVICE CHARGE

On account service charge for 2022 is £31,836.00 Pa.

ACCOMMODATION

The property provides the following approximate areas and dimensions -

Ground floor sales 370.96 sq m 3,993 sq ft
Basement 217.11 sq m 2,337 sq ft

EPC RATING

B-47

VAT

VAT is payable to the rent.

LEGAL COSTS

Each party to bear their own costs in dealing with 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.

Cardiff Waterside is a significant property holding for Aviva Investors at almost 500,000 sq ft. Our experiences show the benefit of working with a regional specialist where occupational markets can be unlocked with a good team with excellent local contacts. Ben Bolton and his team have done this for us for many years and been fundamental to our success and a very low void rate in Cardiff.

Matthew Leach, Arriva Capital Waterside