Graham Way, St. Tydfil Square Shopping Centre, Merthyr Tydfil
Mid Glamorgan, Merthyr Tydfil, CF47 8EG

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Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311
Brochure

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Specification

  • RETAIL
  • 10,656 sqft (990 sqm)
  • To let
  • On Application

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 occupier is Costa with nearby occupiers including The Works, Trespass, Shoe Zone and New Look.

D E S C R I P T I O N The unit is accessed via single door from Graham Way. Access for deliveries is provided to the rear in the service area, where there is also access to the basement area.

T E R M S 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 and subject to vacant possession.

Quoting rent - upon application.

RATEABLE VALUE The 2017 Rateable Value for the property is: Interested parties are encouraged to make their own enquiries via the Local Rating Authority.

SERVICE CHARGE On account service charge for 2022 is £50,131.00 Pa.

ACCOMMODATION The property provides the following approximate areas and dimensions - Ground floor sales 989.97 sq m 10,656 sq ft Basement 459.96 sq m 4951 sq ft EPC RATING B-49 VAT VAT is payable to the rent.

LEGAL COSTS Each party to bear their own costs in dealing with this transaction.

The specification includes;

  • Good Transport Links
  • Prime Shopping Destination
  • Rear Access

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.

Steve Phillips, Group Finance Director, Welsh Rugby Union Group