Commercial property for sale in College Street, Ammanford SA18, £180,000

180,000.00

Offer Nr.:
64977988
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Astleys Chartered Surveyors
Phone(s):
01792 925807

* Freehold
* A3 mixed use investment for sale
* Large ground floor indian restaurant and takeaway
* Self - contained two/ three bed flat above
* Let in its entirety at A current rent passing of £14, 400 pa (exclusive)
* 176. 83 sq. M (1, 903. 39 sq. Ft. ) over two floors
The subject property comprises a double fronted, two - storey, detached mixed
use premises currently occupied for use as a restaurant and takeaway (A3 Use
Class) over the ground floor, with a self - contained two/ three bedroom flat
arranged over the first floor.
Internally the ground floor retail unit can be accessed off the main
pedestrian walkway to the front via a small entrance vestibule, which leads
onto the main sales area. The main sales area, which has been subdivided in
part to accommodate the main bar counter benefits from various free standing
seating for approximately 60 covers in total. Ancillary accommodation is also
available to the rear, which briefly comprises ladies and gents customer w. c.
Facilities and the commercial kitchen located directly to the rear.
The first floor, which can be accessed independently over external steel
stairwell over the side elevation, comprising a self - contained residential
apartment with three bedrooms, lounge, kitchen bathroom and a small store
cupboard.
A large enclosed garden area is also available to the rear, which can be
accessed via a gated walkway to the side elevation, off the main pedestrian
walkway to the front. No designated parking facilities are available on site
but we note that the rear enclosed garden does accommodate additional storage
facilities.
We advise that the entire premises is let to a single occupier, producing a
current rent passing of £14, 400 per annum (exclusive). We have also been
advised that a new effective lease is currently under negotiations.
**Description**
The subject property comprises a double fronted, two - storey, detached mixed
use premises currently occupied for use as a restaurant and takeaway (A3 Use
Class) over the ground floor, with a self - contained two/ three bedroom flat
arranged over the first floor.
Internally the ground floor retail unit can be accessed off the main
pedestrian walkway to the front via a small entrance vestibule, which leads
onto the main sales area. The main sales area, which has been subdivided in
part to accommodate the main bar counter benefits from various free standing
seating for approximately 60 covers in total. Ancillary accommodation is also
available to the rear, which briefly comprises ladies and gents customer w. c.
Facilities and the commercial kitchen located directly to the rear.
The first floor, which can be accessed independently over external steel
stairwell over the side elevation, comprising a self - contained residential
apartment with three bedrooms, lounge, kitchen bathroom and a small store
cupboard.
A large enclosed garden area is also available to the rear, which can be
accessed via a gated walkway to the side elevation, off the main pedestrian
walkway to the front. No designated parking facilities are available on site
but we note that the rear enclosed garden does accommodate additional storage
facilities.
We advise that the entire premises is let to a single occupier, producing a
current rent passing of £14, 400 per annum (exclusive). We have also been
advised that a new effective lease is currently under negotiations.
**Location**
The premises is located along the prominent main road of College Street within
Ammanford Town Centre.
The subject premises affords an easily accessible location, which is situated
near the recently developed Co - operative Supermarket store, while the main bus
depot is approximately 100 yards away in an easterly direction.
Occupiers within the immediate vicinity also include Dominos Pizza, Jenkins,
Lloyds Bank, and Boots while the pedestrianised area of Quay Street is a short
walking distance from the premises.
Ammanford is served by the A483 and A474 roads and Ammanford local railway
station is a stop on the Heart of Wales Line with trains to Llanelli and
Swansea to the south and Shrewsbury to the north. We further advise that the
main bus depot is also located directly opposite the subject premises.
**Accommodation**
The subject premises affords the following approximate dimensions and areas:
**Ground floor
**
Net Internal Area: 100. 72 sq. m (1, 084. 15 sq. Ft. )
Sales Area: 76. 58 sq. m (824. 30 sq. Ft. )
Shop Depth: 13. 10m (42'11")
Internal Width: 6. 72m (22'1")
Sales (itza): 55. 78 sq. m (600. 41 sq. Ft. )
Ancillary: 24. 14 sq. m (259. 84 sq. Ft. )
which briefly comprises the following.
Ladies/ Gents W. C. Facilities
Commercial Kitchen: 5. 95m x 3. 57m
**First floor
**
Gross Internal Area: 76. 11 sq. m (819. 28 sq. Ft. )
Landing
with doors to.
Bedroom/ Store: 3. 32m x 4. 30m
Lounge: 3. 44m x 4. 32m
Kitchen: 3. 36m x 2. 46m (max)
Store Area: 1. 14m x 2. 39m
Bathroom
fitted with a three piece suite.
Bedroom 2 (l - Shaped): 2. 86m x 4. 36m
Bedroom 1: 2. 82m x 4. 49m
**Rates**
As stated on the voa website the Rateable Value for the subject premises is as
follows:
Rateable Value (2017): £7, 400
From April 2018 the Welsh Government set the multiplier according to the
Consumer Price Index (cpi) and for the financial year 2022 - 23 the multiplier
will be 0. 535.
Rates relief for small businesses in Wales will apply up to 31st March 2020.
Rates relief for small business with a rateable value up to £6000 will receive
100% relief and those with a rateable value between £6, 001 and £12, 000 will
receive relief that will be reduced on a tapered basis from 100% to zero.
The residential accommodation is rated separately, which has a Council Tax
Band of A.
We advise that all enquiries should be made with the Local Authority Rates
Department to verify this information. For further information visit .
**Vat**
Please be advised that all figures quoted are exclusive of VAT (where
applicable).
**Terms And Tenure**
The subject premises is available for sale to acquire the Freehold Interest.
**Viewing**
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: Email:

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)