<strong>Description</strong><br>The property comprises first and second floor accommodation that was originally developed as a restaurant (previously occupied by Lobster & Burger) and subsequently thoughtfully re-configured to office space, retaining features such as the hard wood flooring and period architectural characteristics.<br />
<br />
The accommodation is largely open plan with individual glazed offices off the main area. A variety of WC and staff facilities are provided within the proposed demise. A kitchen and breakout area are located in the open plan space, forming part of the original bar of the restaurant space. The accommodation is highly specified with modern air conditioning and lighting.<br />
<br />
Whilst the accommodation is currently configured for use as offices, the property could be put back to use as a restaurant/bar, subject to change of use. Our client will consider interest as offices or a restaurant/bar.<br><br><strong>Lease Terms</strong><br>The property is available on a new effective full repairing and insuring lease on terms to be agreed.<br><br><strong>Service Charge</strong><br>A service charge will be payable in relation to the repair and maintenance of the building and common parts of which the property forms part. Service charge amount TBC<br><br><strong>Rateable Value</strong><br>We have been informed via an online enquiry with the Valuation Office, that the property has a rateable value of £135,000 (1 April 2023 to present).<br />
<br />
UBR for Wales 2024/25 is 0.562p in the £. (Rates payable £75,870)<br><br><strong>EPC</strong><br>D Rating<br><br><strong>VIewing</strong><br>Via Savills or Joint Agents Hunt and Thorne (01792 776600)<br><br>
Costs & rates
Rates payable
£135,000 p.a.
Total annual occupancy cost
Estimate only — confirm exact figures with the agent.
Rent
£165,000
Business rates
+ £135,000
Total per year
£300,000
≈ £25,000 / month≈ £26.53 / sq ft / year
Service charge not listed — ask the agent for the confirmed figure.