Commercial Property for sale: Pendine, Carmarthenshire


Reference: 36899_10008144

Key Features

  • Retail Unit
  • Freehold Interest
  • Prime location
  • Storeroom with WC
  • EPC Rating C

Description

A great opportunity to take over the freehold of a retail unit situated in a prime location right on the sea front in the busy seaside resort of Pendine. The property benefits from large retail area with floor to ceiling display windows at the front looking directly onto the beach, secure store room and separate WC. The shop is currently trading and selling beach goods and gifts. It can be sold as a going concern with stock at valuation to be agreed, or taken as an empty unit. It was previously the village Post Office and an application could be made to re-open it. EPC Rating C

DESCRIPTION

The premises forms part of a development built approximately 10 years ago comprising retail units on the ground floor and flats on the two upper floors

LOCATION

Pendine is a holiday resort on the Carmarthenshire coast, well known for its sandy beach which is approximately 7 miles long. Historically the beach was used for attempts on the land speed record and there is a small museum dedicated to these attempts. The village benefits from an enhancement scheme which has upgraded much of the beach front and promenade and further developments to the resort are forthcoming and can be seen on the 'Pendine News and Events' Facebook page.
As well as serving the local population, there is a huge influx of holiday makers, especially in the summer months, many of whom stay in the large nearby caravan park.

RETAIL AREA

37'9 x 19'7 (11.51m x 5.97m)
Glass double doors open into the large retail area with aluminium double glazed windows across the front of the property giving a light and airy feel. The retail area has ceiling spotlights, laminate flooring throughout and secure store room where the old post office counter was situated, with door behind. There are three further store rooms. The first is located inside the unit and has wash hand basin, low level WC, ceiling light point and electric water heater, the other two are located at the rear of the property.

FIXTURE AND FITTINGS

The existing shop fixtures and fittings can be made available by separate negotiation.

COUNTER AREA

STREET LOCATION

OUTLOOK

TENURE

Available on a 150 year leasehold interest from 24 April 2008 with a ground rent payable of £100 per annum. The tenant is responsible for internal repairs, payment of rates, utility costs and the other usual outgoings. A service charge is payable as a contribution towards the landlord's costs for maintaining the structure of the building and the exterior. The contribution for this unit amounts to12.5% of the total premium and includes insurance for the premises.

In common with the other long leaseholders, our clients are part owners of the freehold, which will be transferred to a purchaser along with the leasehold interest.

RATES

According to the gov.uk website, the rateable value of the premises for the 2018/2019 financial year will be £7,000. The website also indicates that the estimated rates bill for the 2018/2019 financial year will be £597.

NOTE

Any appliances and services listed on these details have not been tested.

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Reference: 36899_10008144

Contact Agent

Birt & Co
Tel: 01834 842204