Prominent High Street Retail Investment in Canterbury
•Canterbury is a popular and internationally renowned cathedral city •Dominant regional shopping centre with approximately 7.22 million tourists per year •Prominent unit within the city’s retail core •Let to the national covenant of Superdry •Well configured retail unit with a double height glazed frontage •Unexpired term of 7.4 years •Freehold •Net Income of £160,000 per annum
A self-contained site allocated for employment use, directly overlooking the Bristol Channel
The site is situated on the eastern outskirts of Barry in an established mixed use area and located approximately seven miles south west of Cardiff City Centre via the A4050 and A4232 Ely Link Road. Access to the M4 motorway is via Junction 33 and Cardiff International Airport is within six miles Nearby major commercial developments include Dow Corning, Dow Chemicals, Centrica (Gas Powered Station), Hexion Chemicals, BOC, Ty Hafan Children’s Hospice and residential development. Nearby trading estates include Atlantic Trading Estate and Ty Verlon Industrial Estate. The site with its coastal frontage, comprises a fairly level, roughly ‘L’ shaped site extending to a total area of approximately 7.6 ha (18.75 acres) with a coastal footpath running along the coastline.
The site is allocated for employment in the Vale of Glamorgan Local Development Plan 2011-2026 as site MG 9(7) for Use Classes B1 and B8. The LDP was adopted in June 2017 and this also highlights the potential use of certain employment sites for sustainable waste management (Policy SP8). By way of background, outline planning permission was granted on 10 January 1989 for uses within Class B1 of the Town & Country Planning (Use Classes Order 1987) subject to conditions. Ancillary uses within other use classes may be possible, subject to planning. The site lies adjacent to a coastal SSS1 and we are informed that a 2-hectare area of land must be retained to provide a buffer between development and the coastline. This buffer is to take the form of a 50-metre wide landscaped site.
Strictly by appointment through the agents.