Retail premises to let in College Street, Ammanford SA18

The subject property comprises a ground floor retail unit, which has been extended significantly to the rear to accommodate and open sales area, which is accessed directly off the main pedestrian walkway to the front, with the remaining accommodation comprising various size adjoining rooms suitable for storage or ancillary offices.

The premises also affords an external garden area, which can be accessed off the rear.

Description

The subject property comprises a ground floor retail unit, which has been extended significantly to the rear to accommodate and open sales area, which is accessed directly off the main pedestrian walkway to the front, with the remaining accommodation comprising various size adjoining rooms suitable for storage or ancillary offices.

The premises also affords an external garden area, which can be accessed off the rear.

Location

The premises is located along the prominent main road of College Street within Ammanford Town Centre.

Occupiers within the immediate vicinity include Co-op, Dominos Pizza, Jenkins, Lloyds Bank, and Boots while the pedestrianised area of Quay Street is a short walking distance from the premises.

Ammanford is served by the A483 and A474 roads and Ammanford local railway station is a stop on the Heart of Wales Line with trains to Llanelli and Swansea to the south and Shrewsbury to the north. We further advise that the main bus depot is also located directly opposite the subject premises.

Accommodation

The subject property affords the following approximate dimensions and areas:

Ground floor

Net Internal Area: 123.93 sq.m (1,333.98 sq. Ft.)

Sales Area: 62.30 sq.m (670.63 sq. Ft.)

Shop Depth: 11.70m (38’4”)
Internal Width: 5.76m (18’10”)

Ancillary: 61.63 sq.m (663.38 sq. Ft.)
Comprising a total of four cellular rooms extended to the rear.

W.C. Facilities

Rates

As stated on the voa website the Rateable Value for the subject premises is as follows:

Rateable Value (2023): £6,700

From April 2018 the Welsh Government will set the multiplier according to the Consumer Price Index (cpi) and for the financial year 2023-24 the multiplier will be 0.535.

Rates relief for small businesses in Wales will apply up to 31st March 2025. Rates relief for small business with a rateable value up to £6,000 will receive 100% relief and those with a rateable value between £6,001 and £12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.

We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .

Vat

We have been advised that VAT is not applicable to this proposed transaction.

Terms & Tenure

Our client’s interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).

We further advise that the entire premises (to include the first floor office suite) may also be available to let, subject to the necessary negotiations.

Viewing

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: Email: