Description
Internally, the subject premises accommodates the main sales area, which can be accessed directly off the main pedestrian walkway to the front via a standard sales display entrance, benefitting from a net frontage of 4.54m (14'10").
The main sales area is also supported by additional w.c. facilities to the rear.
Description - The subject property comprises a self-contained ground floor retail/ office unit, which was previously occupied for use as professional offices (A2 Use Class).
Internally, the subject premises accommodates the main sales area, which can be accessed directly off the main pedestrian walkway to the front via a standard sales display entrance, benefitting from a net frontage of 4.54m (14'10").
The main sales area is also supported by additional w.c. facilities to the rear.
We further advise that the additional office accommodation may also be available, which would be accessed independently off the entrance foyer and stairwell to the side of the main sales display window, providing access onto a self-contained office suite. Please be advised that the proposed quoting rent does not include the use of the proposed office accommodation arranged over the upper floor.
Location - The premises is located along a prominent main road position fronting Windsor Road within Neath Town Centre. The property is also located along the periphery of the primary retail area within the town.
Neath is a market town and community situated in the Neath Port Talbot County Borough. The town had a population of 50,658 in 2011, which also includes an immediate parish catchment population of 19,258.
Good lines of communications are provided from J43 of the M4 Motorway, via the A485 Heads of the Valley road, dual carriageway.
Accommodation - The subject premises affords the following approximate dimensions and areas:
GROUND FLOOR
Sales Area: 35.72 sq.m (384.56 sq. ft.)
Shop Depth: 9.28m (30'5")
Net Frontage: 4.54m (14'10")
Sales (ITZA): 32.61 sq.m (351.01 sq. ft.)
W.C. Facilities
Rates - As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2023): £3,800
From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2023/24 the multiplier will be 0.535.
Rates relief for small businesses in Wales will apply up to 31st March 2024. Rates relief for small business with a rateable value up to £6,000 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 www.voa.gov.uk.
Vat - Please be advised that all figures quoted are exclusive of VAT (if applicable).
Terms And Tenure - The premises is available on a new effective full repairing and insuring lease (under terms to be negotiated).
Viewing - By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: [email protected]
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