The property comprises a prominently positioned detached building refurbished for its current use as a restaurant offering the potential for first floor residential accommodation. The ground floor comprises a front seating area with bar providing circa 35 covers, a rear seating area providing circa 25 covers, a storage room, commercial kitchen and male and female WC's. The first floor provides storage / ancillary accommodation but offers the potential for redevelopment subject to obtaining the necessary consents. The property has been refurbished to include new wiring, gas central heating and a fire alarm system. Externally the property is bound in part by a stone built wall with iron fencing with access to the rear via a customer car park. Furthermore there is an outside seating area with bar and an adjacent grassed area which offers further potential for development or extension.
The property is prominently positioned on the corner of Bridge Street and Hall Street in Blackwood.
Blackwood is one of South Wales Valley`s primary market towns and has a range of quality local and national multiple retailers. Blackwood is located approximately 9 miles north east of Caerphilly and 12 miles north west of Newport.
From measurements taken on site we have calculated the following approximate floor areas:-
Ground Floor
Front Bar & Seating Area 638 sq ft (59.35 sq m)
Rear Bar & Seating Area 462 sq ft (42.92 sq m)
Kitchen 246 sq ft (22.85 sq m)
Store Room 68 sq ft (6.31 sq m)
Male / Female WC's Unmeasured
First Floor
Storage / ancillary 952 sq ft (88.44 sq m)
Total Net Internal Area 2,366 sq ft (219.80 sq m)
Total Site Area 0.27 acres (0.10 ha)
SERVICES
We have not tested any of the service installations and prospective occupiers must satisfy themselves independently as to the state and condition of such items prior to the transaction completing.
However, we understand that mains gas, water, drainage and electricity are connected to the property.
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £3,100
Uniform Business Rate 2023/24: 53.5
Gross Rates Payable: £1,658.50
We understand that the property benefits from Welsh Government Rates Relief for small businesses. All enquiries should be made directly to Caerphilly CBC in this regard.
The property is available to purchase on a freehold basis with full vacant possession.
We have been advised that VAT is payable.
Please contact our Caerphilly Office on 02920 867711 if you wish to arrange a viewing appointment for this property or require further information.
Brinsons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
