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Property Details
Retail Premises to Let
The Old Station Building sits on the Cardiff Road overbridge adjacent to Caerphilly Station on the southern edge of the town centre.
The site benefits from a prominent high street facing entrance, as well as passing trade from station passengers.
Caerphilly Station hosts regular bus and train departures, with journeys into Cardiff leaving every 30 minutes.
Speak to one of our experts
Ian Newbury
Rhiann Fleming
Location
The Old Station Building is situated at the head of Caerphilly High Street adjacent to Caerphilly Station.
It is on the B4263 Mountain Road as it passes over the Cardiff to Rhymney railway line.
The building comprises three commercial units. Units 1 and 3 are occupied by a wholefood store and a chiropractor.
Description
Unit 2 is a D1 use class unit of approximately 59 sq metres (635 sq feet). The unit has previously been approved for A2 usage.
The unit is comprised of a main space at the front of the unit with 2 further rooms beyond. To the rear is a kitchenette and a washroom.
The unit benefits from power, water and drainage. It is presented in shell condition and will require fit out appropriate to the proposed use.
One parking space is allocated to the Premises.
Agreement Details
A three year lease is being offered subject to a Landlord’s option to break on six months’ notice in the event that the premises are required for redevelopment of the adjacent station.
The lease will be excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act.
The tenant will meet the Landlord’s reasonable legal costs in granting the lease, estimated at £1500 + VAT.
Rent
We are inviting offers of a Minimum Guaranteed Rent at £7500 + VAT per annum.
A reasonable rent free period will be allowed.
Utilities
The tenant will be responsible for the costs of all utilities consumed at the premises.
Insurance
The tenant is responsible for procuring appropriate insurance for their occupation of the unit.
Service Charge
The tenant will be responsible for the costs of all utilities consumed at the premises.
Rating
The tenant will be responsible business rates.
The April 2023 rateable value is £5,600 and the current rates liability is £2,729 per annum.
Energy Performance
The unit has achieved a C rating, expiring in September 2028.
Viewing
For further details relating to this property please contact us:
Ian Newbury- Portfolio Manager
Email: ian.newbury@amey.co.uk
Tel: 07568137049
Rhiann Fleming- Assistant Portfolio Manager
Email: rhiann.fleming@amey.co.uk
Tel: 07514635457
Ian Newbury
Portfolio Manager
Ian is a Chartered surveyor with General Practice experience working on the estate management of Station Portfolios and Infrastructure Assets. He has experience of working on a range of property types and land matters.
Ian joined Amey TPT in March 2019 to work on the Wales and Borders network initially on behalf of Keolis Amey Operations. His role includes station commercialisation, lease advisory services, property management, estate strategy to achieve the ambitious targets set by the grant agreement. He also provides support on the operational estate of the Train Operating Company which has seen a significant piece of work concluded with the demobilisation of KAO and transfer to Transport for Wales Rail Limited.
Following the transfer of the Core Valley Lines assets to Transport for Wales Ian also acts on behalf of the infrastructure manager Amey Infrastructure Wales (formerly Amey Keolis Infrastructure Limited) on land matters. This include management of the commercial estate and various other types of agreements which includes the maintenance of the estate boundary. The work has involved the development and implementation of a land clearance process as well as the challenge of various identified trespass and encroachment matters.
Call: 07568137049
Email: ian.newbury@amey.co.uk
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