Retail property (high street) to rent

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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