Unit 3 Penny Lane, Cowbridge
Cowbridge, CF71 7EG

  • map
Ella Jefferies

The Agent

Ella Jefferies
Senior Surveyor

02920 346316

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;

  • Strategic Location Close to Barry Waterfront
  • Mixed Use Development Potential
  • Well Connected with Good Transport Links

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.

Viewings

By appointment via sole letting agents Cooke & Arkwright.

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.

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