Unit 3 Penny Lane, Cowbridge
Cowbridge, CF71 7EG

  • map
Sebastian Branfield

The Agent

Sebastian Branfield
Trainee Surveyor

02920 346315

Additional Downloads

Particulars

Specification

  • RETAIL
  • 514 sqft (48 sqm)
  • To let
  • £10,000 per annum

Location

Old Mason’s Yard is situated along the river linking the main Town Hall car park with Cowbridge town centre via footbridge with the development comprising a number of retail units, restaurants and offices. The development is also located within close proximity to Waitrose Supermarket and car park.

Description

The unit comprises a well configured ground floor shop accessed directly from Penny Lane. There is an option to acquire the adjacent unit to create one larger demise comprising 1,103 sq ft ground floor sales. Price on application.

The specification includes;

  • Ground Floor Unit to Let
  • Option to create 1,103 sq ft
  • A2 Use

Viewings

By appointment via sole letting agents Cooke & Arkwright.

Terms

The lease is available by way of an assignment of the existing effective full repairing and insuring lease, which is scheduled to expire on 14th March 2033. Sub-letting may also be considered. The current rent, effective 15th March 2023 is £10,000 pax.

Planning

We understand that the property benefits from A2 use however other uses will be considered subject to the tenant obtaining all necessary planning consents.

Business Rates

£4,334 per annum

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