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New Road, Porthcawl

£115,000

£187.60 per sq. ft.

Business rates & charges may apply

WATTS & MORGAN LLP, Bridgend
SIZE AVAILABLE
613 sq. ft.
(57 sq. m.)
SECTOR
High street retail property for sale

Property description

Tenure: Freehold

LOCATION
The property is situated in a prominent and convenient location fronting New Road close to Porthcawl Town Centre.

The property is located in an area of mixed retail, food and drink and hospitality businesses located just a few minute walk from John Street, Porthcawl´s prime retail thoroughfare.

DESCRIPTION
The property briefly comprises of a well configured ground floor lock-up retail shop and premises that has the benefit of a modern double glazed shop front and rear car parking and loading/unloading.

The property briefly provides the following accommodation:-

Retail sales - 42.3 sqm (455 sq ft) NIA
Ground floor ancillary/storages - 13.1 sqm (141 sq ft)
Kitchen - 1.6 sqm (17 sq ft)
WC

ACCOMMODATION
None

AMENITIES

TERMS
The premises are available on either a "To Let" or "For Sale" basis.

The property is available "To Let" under terms of a new tenant Internal Repairing and Insuring only lease at a rental of £10,500 per annum exclusive. Alternatively, the property can be made available "For Sale" freehold tenure at an asking price of £115,000.

PREMIUM
Premium offers are invited for the business as a going concern to include all trade fixtures and fittings, Epos System with Stock available at Valuation.

OUTGOINGS
The Valuation Office Agency website advises a rateable value of £5,900 so occupiers should benefit from 100% Small Business Rates Relief.

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
THE BUSINESS
"Shoe 22" is a long established (15 years plus) and profitable family run specialist footwear business retailing some of the top UK and European Childrens footwear brands including Geox, Lelli Kelly, Primigi, Startrite and Bobux.

Ancillary to the retail sales of footwear is the retailing of Mayoral Childrens Clothing.

Accounts are available for inspection by seriously interested parties.

VIEWING
Strictly by appointment only through
sole letting agents:

Messrs Watts & Morgan LLP
Tel:
Email:

Please ask for Dyfed Miles or Matthew Ashman

Energy Performance Certificates

EPC Front Page

Brochures

New Road, Porthcawl

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pyle Station3.1 miles
  • Sarn Station6.2 miles
  • Tondu Station6.5 miles

About WATTS & MORGAN LLP, Bridgend

1 Nolton Street, Bridgend, CF31 1BX

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Notes

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Disclaimer - Property reference 100565028665. 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 LLP, Bridgend. 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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