Former Cinnamon Tree, Tonteg Road, Pontypridd
Rhondda Cynon Taff, Pontypridd, CF37 5UA

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Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311

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Particulars

Specification

  • RETAIL
  • 2,824 sqft (262 sqm)
  • To let
  • £50,000 per annum

Location

The property occupies an excellent position off Tonteg Road, with good transport links via the A470 & M4. Consequently, the site benefits from a high traffic count. Fronting Taff Business Centre, the location attracts numerous businesses and occupiers across a range of uses including B1/B2/A1/A3 etc. Pontypridd town centre is located c.4 miles to the north, with Cardiff city centre c.10 miles to the south.

Description

The property is a former purpose built A3 restaurant, with drive thru in situ. Due to existing layout, opportunity to extend site boundary with landlord’s consent.

Internally - current configuration with restaurant fixtures and fitting in place, kitchen and W/C’s to the rear. The property could be handed over in a cleared shell and open layout, ready for an in-going tenant’s fit out.

Externally - There are 31 car parking spaces in the site’s current configuration. Outside seating is possible, subject to planning and landlord’s consent.

The specification includes;

  • Prominent Roadside Location, Fronting Established Trading Estate
  • Drive Thru Opportunity
  • Excellent Road Links A470 & M4 - High Traffic Count
  • A3 Use - Other Uses Considered
  • £50,000 Quoting Rent

Viewings

To be arranged via sole letting agents Cooke & Arkwright.

Terms

The property is available to let on the basis of a new lease, terms to be agreed.

Planning

The property benefits from A3 use. Other uses considered subject to planning and landlord's consent.

Business Rates

£17,388 per annum. Based on 2023 Valuation

Service Charge

TBC

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.

Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

The Welsh Rugby Union Limited, Welsh Rugby Union Group