5, Station Approach, Penarth, South Glamorgan
Penarth, CF64 3EE

  • map
Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311

Specification

  • RETAIL
  • 722 sqft (67 sqm)
  • To let
  • £7,500 per Annum

Description

LOCATION:
Penarth is an affluent Seaside Town located approximately 2 miles west of Cardiff City Centre. The property occupies a good position on Station Approach, a short walking distance from Penarth Train Station with ample parking to the front of the shop. Occupiers in the nearby vicinity include The Bottle Shop, Foxy’s Deli, David Baker & Co Estate Agents amongst numerous other restaurant and retail operators.

DESCRIPTION
The property comprises three storey building over ground, first and second floors with access directly from Station Approach.

TERMS
The property is available on the basis of a new lease for a term to be agreed on full repairing and insuring terms.

Quoting rent £ 7,500 pax

RATEABLE VALUE

The 2017 Rateable Value for the shop is:-
Rateable value: £ 7,900
Rates payable: £ 4,155

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

VAT
TBC

ACCOMMODATION
The property provides the following approximate areas and dimensions:

Gross frontage 12.29 m 40 ft 04 ins
Net frontage 6.27 m 20 ft 07 ins
Internal Width 10.82 m 35 ft 06 ins
Shop Depth / Built Depth 4.01 m 13 ft 02 ins
Ground floor sales 41.29 sq m 444 sq ft
First floor stores 16.97 sq m 183 sq ft
Second floor stores 8.84 sq m 95 sq ft
Second floor stores - Not measured
WC

EPC RATING
TBC

LEGAL COSTS
Each party to bear its 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.

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