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Retail property (high street)

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Retail property (high street)
0 bedroom
0 bathroom

Letting details

  • Unfurnished

Property features

  • TWO STOREY RETAIL UNIT
  • SALES - 34.45 SQ.M (370.88 SQ. FT.)
  • PRIME RETAIL TOWN CENTRE LOCATION
  • ESTABLISHED FOOTFALL

Property description

The premises comprises a two storey retail unit situated within a prime retail location along the pedestrianized area within Neath town centre.

The property accommodates a ground floor sales area with ancillary accommodation, together with staff w.c. facilities over first floor.

Description - The premises comprises a two storey retail unit situated within a prime retail location along the pedestrianized area within Neath town centre.

The property accommodates a ground floor sales area with ancillary accommodation, together with staff w.c. facilities over first floor.

Location - The subject premises is situated along Angel Street within Neath town centre. Angel Street is situated within a busy town centre location, whereby the subject premises is situated within a short walking distance to Morrisons Supermarket car parking, which affords a busy footfall.

Neath is an established business location and retail centre, which accommodates a number of national retailers. Occupiers within the immediate vicinity include Cash Generator, RSPCA, Ramsdens and Morrisons Supermarket, which is located approximately 50 metres to the west.

Accommodation - The property provides the following approximate dimensions and areas:

GROUND FLOOR:

Sales Area: 34.45 sq. m (370.88 sq. ft.)

Shop Depth: 8.52m (2711)
Internal Width: 4.57m (150?)
Net Frontage: 4.23m (1310)

FIRST FLOOR:

Ancillary: 18.62 sq. m (200.42 sq. ft)

Staff Kitchen/ Store: 4.86m x 5.06m
with sink drainer

W.C. Facilities

Rates - As stated on the VOA website the Rateable Value for the subject premises is as follows:

Rateable Value (2017): £7,200

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2020/21 the multiplier will be 0.535.

Rates relief for small businesses in Wales will apply up to 31st March 2020. Rates relief for small business with a rateable value up to £6000 will receive 100% relief and those with a rateable value between £6,001 and 12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.

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 & Tenure - Our clients interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).

Viewing - By appointment with Sole Agents:

Astleys Chartered Surveyors
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Property information from this agent

  • Particulars.pdf
    1. Astleys

      Astleys Commercial - Swansea

      Raglan House, Charter Court Phoenix Way, Enterprise Park, Swansea SA7 9DD

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      Astleys is a member of the Royal Institution of Chartered Surveyors (RICS) and is one of South West Wales’ leading firms of Chartered Surveyors, Auctioneers and Estate Agents. The firm has been established since 1863, which is run by a group of esteemed chartered surveyors with over 158 years of experience. We offer sound and professional advise covering all aspect of commercial property such as Agency, Acquisitions, Valuations, Rating, Rent Reviews, Dilapidations, Business Transfers and Licenced Trade. Astleys actively covers the commercial property market throughout South and  West Wales including areas such as Swansea, Neath, Port Talbot, Llanelli,  Bridgend, Ammanford, Carmarthenshire and Pembrokeshire.

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