Lion House, 2 Commercial Street, Pontypool
Pontypool, NP4 6JN

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Ella Jefferies

The Agent

Ella Jefferies
Surveyor

02920 346312
Ben Davies

The Agent

Ben Davies
Associate

02920 346311
Brochure

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Specification

  • RETAIL
  • 1,589 sqft (148 sqm)
  • To let
  • POA

Description

Pontypool is a town with a primary population approaching 36,000 located in the borough of Torfaen, approximately 10 miles North of Newport. The subject property is located in a prominent position on the corner of Commercial Street and Crane Street in the heart of the town centre. Nearby occupiers include Barclays Bank, New Look, Specsavers, Greggs, Boots Pharmacy and Wilkinsons.

DESCRIPTION

The property offers accommodation over ground and basement and is accessed directly from Commercial Street.

TERMS

The property is available by way of assignment or subletting of an existing lease which expires on 23rd June 2023. The lease is on internal repairing and insuring terms.

Quoting rent - Upon application.

RATEABLE VALUE

The property has a current rateable value of:-

Rateable value - £15,500
Rates payable - £8,153

Interested parities 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 13.01 m 42 ft 07 ins
Net Frontage 12.67 m 41 ft 06 ins
Internal Width 12.80 m 41 ft 10 ins
Shop Depth 11.53 m 37 ft 08 ins
Ground Floor Sales 147.6 sq.m 1,589 sq ft
Ground Floor Storage 112.8 sq.m 1,215 sq ft
W/C

PLANNING

Our enquiries with the local planning authority indicate that the ground floor has the benefit of planning permission for Class A1 & A2 Use.
Alternative uses will be considered, subject to planning.

EPC RATING

122 - E

LEGAL COSTS

Each party to bear its own legal 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