Restaurant/cafe to let in 2 Cowell Precinct, Llanelli SA15

A return fronted ground floor retail unit prominently located at the entrance to Llanelli Indoor Market and St Elli Shopping Centre.

Town Centre Regeneration
With the benefit of Welsh Government funding support, the Council has actively been acquiring vacant and underutilised properties in the town centre. By encouraging a mixed use town centre including flexible retail space, and upper floor residential accommodation, the Council is helping to promote a high-quality environment that is attractive and inviting to a mix of people. Several empty properties have been brought back into use and in total, over £18million is being invested into the town centre through property regeneration.

Accommodation
Gross internal area of approximately 50sq m (538 sq ft) including a kitchen, food preparation area store and serving counter together with approximately 34.5 sq m (370 sq ft) seating area.

Services
The premises has its own electricity and water supply. The incoming tenant will be responsible for the transfer of the utilities into their own name and the payment of the bills.None of the services have been tested and you should make your own enquiries in this regard

Consideration of Offers
We encourage applications from a wide range of existing and yet to be established businesses. In the event of similar or competitive offers being received the Council will prioritise those that benefit Llanelli in the wider strategic context.

Business rates
Rateable Value: £4,750. This is not the amount you pay. Small business rates relief may be available.

Lease Terms
Rent: As a guide, offers are invited in the region of £8,000 per annum exclusive (£2,000 per quarter). Term: The lease will be in the form of the Council’s standard quarterly tenancy, although a longer lease may be considered.
Use: The property has most recently been used as a café (A3 use). Alternative uses of the property may be considered, and prospective tenants are advised to check with the local planning authority as to the suitability of their proposals.
Repairs/Insurance: The incoming tenant will be responsible for internal repairs, internal maintenance and decoration and for insuring the contents and plate glass.
The tenant will be required to make a reasonable contribution towards the Council’s cost of maintaining and insuring the building.
Trade and bank references will be required, and the Council may require a guarantor.

Legal costs
Each party is to be responsible for their own legal costs incurred in this transaction.