9 West Street, Builth Wells
Powys, Builth Wells, LD2 3AF

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Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311
Brochure

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Specification

  • RETAIL
  • 1,417 sqft (132 sqm)
  • To let
  • £9,650 per annum

Description

LOCATION Builth Wells is a small market town located approximately 15 miles north of Brecon town, with a population of approx. 2,568. Nearby occupies include residential accommodation with retail operators a short walk away.

DESCRIPTION The property comprises a single storey mid terrace building of solid stone brick construction with a pitched slate roof. Internally the ground floor is fitted out as a banking hall having concrete floor with carpet tiles coverings, painted, plastered walls, wall mounted air conditioning units, suspended ceilings with recessed lighting. The basement comprises ancillary space at restricted height with generally tiled floors. The ground floor includes office space, strong room, banking hall.

T E R M S The property is available on the basis of a sub lease or assignment of the existing lease until expiry on 25th June 2026.

Passing rent £9,650 pax RATEABLE VALUE The 2017 Rateable Value for the property is:- Rateable value: £7,100 Rates payable: £3,799 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 131.68 sq m 1,417 sq ft Basement 16.73 sq m 180 sq ft PL A N N I N G Enquiries with the Local Planning Authority indicate that the ground floor has the benefit of planning permission for Class A1 and A2 uses. Alternative uses will be considered subject to planning.

A N T I M O N E Y L AU N D E R I N G R E G U L AT I O N S In accordance with the current Anti-Money Laundering (AML) Regulations, the purchaser/occupier will be required to satisfy the Vendor and their agents regarding the source of the funds used to complete the transaction.

VAT TBC EPC RATING TBC LEGAL COSTS Each party to bear its own costs in dealing with this transactio

The specification includes;

  • Quoting rent £ 85,000 pax
  • Positioned on the pedestrianised St John Street, close to Queen Street, Cardiff Castle, Church Street, Working Street, Queens Arcade and St Davids Shopping Centre
  • A five storey building with the available premises comprising of basement, ground and first floors
  • Ground Floor Sales 246.75 sq m 2,656 sq ft First Floor Sales 224.08 sq m 2,412 sq ft Basement / Ancillary 64.11 sq m 690 sq ft

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