* Freehold
* Let to dp realty ltd (T/A domino’s) on A lease expiring in may 2028
* Current rent reserved at £22, 000 per annum (exclusive)
* Prominent position fronting main intersection along edge of town centre
* Upper floors and part of rear car part let on A 999 year lease at peppercorn rent
* Ground floor retail unit with A NIA of 126. 36 sq. M (1, 360. 13 sq. Ft. )
The subject premises comprises a self - contained ground floor retail unit,
which is currently occupied for use as a hot food takeaway unit, trading as
Dominos Pizza.
Internally, the ground floor comprises the main sales area, which can be
accessed off a standard pedestrian doorway to the front, eventually leading to
the main pedestrian walkway. The main sales area, which accommodates a small
servery area and open catering kitchen is also supported by ancillary
accommodation to the rear, comprising an additional preparation area, various
storage and two w. c. Facilities.
An open parking/ yard area is also available to the rear, which provides
designated parking for approximately 8 vehicles in total. However, based on
the Lease Plan provided, we note that a total of 3 - 4 parking spaces are
allocated for the ground floor retail unit.
We also advise that the upper floors, which can be accessed independently over
the rear elevation, via an external steel stairwell, have subsequently been
sold off and held on a Long Leasehold interest, for a term of 999 years from
1st January 2009 at a peppercorn ground rent.
**Description**
The subject premises comprises a self - contained ground floor retail unit,
which is currently occupied for use as a hot food takeaway unit, trading as
Dominos Pizza.
Internally, the ground floor comprises the main sales area, which can be
accessed off a standard pedestrian doorway to the front, eventually leading to
the main pedestrian walkway. The main sales area, which accommodates a small
servery area and open catering kitchen is also supported by ancillary
accommodation to the rear, comprising an additional preparation area, various
storage and two w. c. Facilities.
An open parking/ yard area is also available to the rear, which provides
designated parking for approximately 8 vehicles in total. However, based on
the Lease Plan provided, we note that a total of 3 - 4 parking spaces are
allocated for the ground floor retail unit.
We also advise that the upper floors, which can be accessed independently over
the rear elevation, via an external steel stairwell, have subsequently been
sold off and held on a Long Leasehold interest, for a term of 999 years from
1st January 2009 at a peppercorn ground rent.
**Location**
The property is located along a relatively prominent position along the edge
of Merthyr Tydfil town centre.
Merthyr Tydfil is a former industrial town with a population of approximately
40, 000. The town is located approximately 22 miles north of Cardiff on the
A470 at the junction with the A465 (Heads of the Valleys Road), which runs
east to west from Abergavenny to Neath and Swansea.
The subject premises is situated just outside the main retail core at the
junction of Twynrodyn Road and Court Street, opposite the Tesco supermarket
car park, which is within close proximity to Port Talbot train station and the
main pedestrianised area within the town.
**Accommodation**
The subject premises affords the approximate dimensions and areas.
**Ground floor
**
Net Internal Area: 126. 36 sq. m (1, 360. 13 sq. Ft. )
Sales: 114. 35 sq. m (1, 230. 86 sq. Ft. )
Sales (itza): 90. 49 sq. m (974. 03 sq. Ft. )
Shop Depth: 11. 05m (36’3”)
Internal Width (Max): 10. 30m (33’10”)
Ancillary: 12. 01 sq. m (129. 27 sq. Ft. )
comprising various size store rooms, including a small preparation area and 2
no. Toilet cubicles.
**On the basement
**
Storage
not accessible.
**Rates**
As stated on the voa website, the Rateable Value for the subject premises is
as follows:
Rateable Value (April 2023): £7, 400
From April 2018 the Welsh Government set the multiplier according to the
Consumer Price Index (cpi) and for the financial year 2023 - 24 the multiplier
will be 0. 535.
We advise that all enquiries should be made with the Local Authority Rates
Department to verify this information. For further information visit .
**Vat**
All figures quoted are exclusive of VAT. Our client reserves the right to levy
VAT on this transaction (if applicable).
**Terms And Tenure**
We offer for sale the Freehold interest in the subject premises which is
subject to the following leases:
Unit 1 (Ground Floor/ Basement) – Let to dp Realty Ltd (T/A Domino’s) for a
term of 20 years from 5th May 2008 at a current rent passing of £22, 000 per
annum (exclusive). The Lease also has provisions for 5 yearly rent reviews.
First and Second Floors – Held on a Long Leasehold interest by a third party
for a term of 999 years from 1st January 2009 at a peppercorn ground rent.
We therefore advise that the current rent passing for the entire premises is
£22, 000 per annum (exclusive).
**Viewing**
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: Email:

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