An ideal redevelopment opportunity to acquire and develop the property with planning for No.5 Residential Flats and No.2 Retail Units and private parking. The Property is situated on High Street in Bargoed. Bargoed is a town in the Rhymney valley in the borough of Caerphilly. The Property is located approximately 17 miles to the north of Cardiff.
See Legal Pack
The Property is detached across 3 floors providing a large open plan retail area with ancillary stores. The Property had been most recently occupied by a convenience store.
The Property has the benefit of a change of use from A1 Retal to A3 Cafe and D2 leisure space on Ground Floor and and change of use from B8 Storage to C3 Flats on the first and second floor. Planning was granted on 19 October 2016, planning reference, 16/0908/FULL, full details can be viewed at https://publicaccess.caerphilly.gov.uk
The Property has a rateable value of £11,534 p.a. The UBR for Wales (2018/2019) is 0.514 p to the £1.00. Parties are asked to make their own enquiries with the Local Valuation Office
Tuesday 26th March 14.00-14.30 Tuesday 2nd April 14.00-14.30
Energy Efficiency Rating (EPC)
Current Rating C
Caerphilly County Borough Council
Buss Murton Law, Wellington Gate, 7-9 Church Road, Tunbridge Wells, TN1 1HT, Tel: 01892 502324
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.