22 Stepney Street,
22 Stepney Street, Llanelli, Llanelli, SA15 3UPBack to search results
Retail Unit situated in a prime position in Llanelli town centre, offering the following features:
- Prime Town Centre Retail Unit
- Vacant Possession
- Small Business Rates Relief
- Glazed Shopfronts
|Property Type||Retail & Leisure|
|Price||£150,000 Long Leasehold / £10,000 per annum|
|Size||2,495 sq ft|
Llanelli is situated 15 miles to the West of Swansea and is a major Coastal town.
The St Elli centre is the major covered shopping facility which includes and Asda foodstore, whilst the newly developed Eastgate incorporates a number of leisure units together with a theatre and Traveloge Hotel.
The subject property occupies a prime location close to the junction of Stepney Street / Vaughan Street and Stepney Precinct which leads to the St Elli Centre.
22 Stepney Street, Llanelli, Llanelli, SA15 3UP
The property benefits from the following features.
- Retail shopfront
- Glazed front canopy
- Cleared Ground Floor floorspace
- Upper floor accommodation
- Rear delivery access
The available accommodation has been measured on a NIA basis in accordance with the RICS Code of Measuring Practice (6th Edition);
|Unit||sq ft||sq m|
|Ground Floor Sales||1,799||167|
|First Floor Ancillary||696||65|
- Internal Shop width = 6.8m
- Shop Depth = 25.2m
The accommodation is available by way of a new full repairing and insuring lease for a term of years to be agreed.
Alternatively, the long leasehold interest in the property is available for sale. The long leasehold interest has an unexpired term of 45 years subject to a passing ground rent of £320 per annum.
Long Leasehold sale - £150,000 exclusive.
Leasehold - £10,000 per annum.
The unit currently benefits from A1 planning consent for retail use. We would encourage interested parties to make their own enquiries with the local planning authority in this regard.
Rates Payable: £4,990 per annum (based on a rateable value of : £10,000).
We understand that the property currently benefits from small business rates relief and would encourage interested parties to make their own enquiries in this regard.
The Valuation Office assessment is available as a download via the BP2 Website.
The property has been graded as D. The EPC document is available for download via the BP2 website.
VAT & Legal Costs
All prices, premiums and rents are quoted exclusive of VAT. Each party is responsible for their own legal costs incurred in any transaction.