Retail Property (high street) for sale

Investment Property, 19 Market Street, Bridgend, CF31 1LJ (Exisiting Business Not Affected)

Sold STC 886 sq. ft. | £149,950

Property Description

Commercial information

  • 886 sq ft (82 sq m)

Full description

Tenure: Freehold

LOCATION
The property is situated in a highly prominent town centre location with frontage onto both Market Street and York Place. The property is located immediately opposite the Job Centre, Poundstretcher and Bridgend Town's main bus terminal.

Bridgend is the administrative and retail centre serving Bridgend County Borough with the town attracting the usual High Street Banks and a number of multiple retailers. Bridgend lies approximately 25 miles west of Cardiff and approximately 21 miles east of Swansea.

DESCRIPTION
The property briefly comprises of a two storey lock-up retail unit that is currently fitted out and trading as a Coffee Shop providing for ground floor servery and seating area and first floor professional kitchen/ancillary.

The property has the significant benefit of an impressive dual frontage onto both Market Street and York Place which is the main thoroughfare from the bus terminal and the prime retail pitch at Adare Street located just a few metres or so away.

The property briefly provides the following accommodation:-

Ground Floor Sales - 47.3 sq m (509 sq ft) NIA

First Floor Open Plan Kitchen/Prep Area - 35 sq m (377 sq.ft) NIA

Ancillary - 8.98 sq m (96 sq ft) NIA

TERMS
The property is to be sold freehold tenure subject to and with the benefit of the letting of the property to a private individual under terms of a 25 year FRI Lease from 1st February 1999 at a current rental of £15,000 per annum exclusive. The lease contains 5 yearly upward only rent reviews with the next rent review due 1st February 2019.

VAT
All figures quoted are exclusive of VAT if applicable.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.

OTHER
Existing business not affected.

VIEWING
Strictly by appointment only through sole selling agents:
Watts & Morgan
Tel: (01656) 644288
Email: commercial@wattsandmorgan.wales

Please ask for Dyfed Miles or Kate Harris


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Bridgend (0.1 mi)
  • Wildmill (0.9 mi)
  • Sarn (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Watts & Morgan, Bridgend Commercial

1 Nolton Street, Bridgend, CF31 1BX

01656 501012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bridgend (0.1 mi)
  • Wildmill (0.9 mi)
  • Sarn (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Watts & Morgan, Bridgend Commercial

1 Nolton Street, Bridgend, CF31 1BX

01656 501012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100565019711. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Watts & Morgan, Bridgend Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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