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Property Details
Catering / Retail Premises to Let
Pontypridd station is located at the top of the town centre, and provides an interchange for Core Valley Lines train services, as well as local bus links. The station serves over 536,000 passengers per annum (Office of Road and Rail 2023).
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Ian Newbury
Rhiann Fleming
Location
This unit is situated in a prominent location to the front of the station, visible from the main road.
Description
Unit 1 is a D2 class unit of approximately 144 sq metres (1550 sq feet).
The unit benefits from power, water and drainage. It is presented in shell condition and will require fit out appropriate to the proposed use.
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 £1750+ VAT.
Rent
The proposed rent is a combination of turnover and Minimum guaranteed rent, subject to appropriate provisions based on the occupant’s commercial venture.
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 Landlord reserves the right to raise a reasonable Service Charge for the provision of shared amenities.
Rating
The tenant will be responsible business rates.
The April 2023 rateable value is £11,750 and the current rates liability is £6,286.25 per annum.
Energy Performance
The unit has achieved an B rating, expiring in June 2033.
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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