Unit 8 , St Elli Shopping Centre, Llanelli
Llanelli , SA15 1SH

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Ben Davies

The Agent

Ben Davies
Associate

02920 346311
Huw Thomas

The Agent

Huw Thomas
Director

02920 346312
Brochure

Download the Brochure

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Specification

  • RETAIL
  • 1,178 sqft (109 sqm)
  • To let
  • £30,000 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 a 70,000 sq ft Asda food store, Argos, Sportsdirect.com, Wilkinson’s and Peacocks. The unit is positioned within the main shopping mall with adjacent occupiers being Peacocks and Card Factory.

ACCOMMODATION:

The property provides the following approximate areas and dimensions:-

Internal width 7.04 m 23 ft 05 ins
Shop depth 14.65 m 48 ft 06 ins
Ground floor sales 109.44 sq m 1,178 sq ft

LEASE TERMS:

The unit is available by way of a new effective, full repairing and insuring lease for a term to be agreed, subject to 5 yearly upward only rent reviews.

QUOTING RENT:  £30.000 pax

The 2017 Rateable Value for the property is :

Rateable value : £15,500
Rates payable : £7,735

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

SERVICE CHARGE

The service charge for 2017 is £12,493 per annum.

VAT

VAT will be payable to the rent.

EPC RATING : 69 - C

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.

Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP