3 Penny Lane, Cowbridge
South Glamorgan, Cowbridge, CF71 7EG

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Ella Jefferies

The Agent

Ella Jefferies
Surveyor

02920 346316
Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311
Brochure

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Specification

  • RETAIL
  • 514 sqft (48 sqm)
  • Under Offer
  • £10,000 per annum

Description

The premises is located on Penny Lane within the Old Mason’s Yard development. Old Mason’s Yard is situated along the river linking the main Town Hall car park with Cowbridge town centre via a footbridge. Adjacent occupiers include Dog & Rider Boutique and PH71 Haircrew with the development comprising several other retail units, restaurants, cafes and offices.

DESCRIPTION The premises comprises a ground floor shop accessed directly from Penny Lane.

TERMS The unit is available to let via a new lease for a term to be agreed, on effective full repairing and insuring terms via a service charge, subject to vacant possession.

Quoting rent £10,000 pax RATEABLE VALUE The 2018 Rateable Value for the property is:- Rateable value: £9,200 Rates Payable: £4,591 Interested parties are encouraged to make their own enquiries with the local Rating Authority.

ACCOMMODATION The property provides the following approximate areas and dimensions Ground Floor Sales 514 sq ft VAT VAT will be payable to the rent.

EPC RATING 97 - D SERVICE CHARGE TBC PLANNING We understand that the premises benefits from A1 use however other uses will be considered subject to the tenant obtaining all necessary planning consents.

LEGAL COSTS Each party to be responsible for their own costs incurred in this transaction.

The specification includes;

  • Large Courtyard with Parking
  • Opportunity for Multiple Uses
  • Self-Contained Cellular Office Accommodation

Viewings

Strictly by appointment with sole agents Cooke & Arkwright.

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.

The Leekes Retail and Leisure Group have substantial property assets within the group and have engaged Andrew West to appeal against rating assessments on these properties since 2010. We have consistently been impressed by Andrew's knowledge of the property market and his negotiating skills have been exceptional. Given Andrew's outstanding performance, we would not hesitate to recommend Andrew to any business large or small seeking to appeal their rates liabilities.

Mike Fowler, Group Finance Director, Leekes Group