Unit 10, St Elli Shopping Centre, Llanelli
Llanelli, SA15 1SH

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Ben Davies

The Agent

Ben Davies
Associate

02920 346311
Brochure

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Specification

  • RETAIL
  • 758 sqft (70 sqm)
  • To let
  • £22,500 per Annum

Description

LOCATION

St. Elli Shopping Centre is located in the centre of Llanelli’s prime shopping area and benefits from footfall of approximately 135,000 people per week. The Centre is anchored by 70,000 sq ft Asda, Argos, Sportsdirect.com, Wilkinson’s and Peacocks. The unit is well positioned within the main atrium with nearby occupiers being Yankee Candles, Principality Building Society and Poundland.

DESCRIPTION

The unit comprises ground floor sales / café space with access provided directly from the main atrium of the shopping centre.

TERMS

The unit is available to let via a new lease for a term to be agreed, on effective full repairing and insuring terms.

Quoting rent £22,500 pax

RATEABLE VALUE

The 2017 Rateable Value for the property is:

Rateable value £11,000
Rates payable £5,786

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

EPC RATING

83 - D

ACCOMMODATION

The unit provides the following approximate areas and dimensions:-

Internal width 4.97 m 16 ft 03 ins
Shop depth 15.23 m 50 ft 00 ins
Ground floor sales 70.42 sq m 758 sq ft

PLANNING

We understand that the unit benefits from A3 use however other uses will be considered subject to the tenant obtaining all necessary planning consent.

SERVICE CHARGE

The service charge for 2019 is £4,865 per annum.

VAT

VAT will be payable to the rent.

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in 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.

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