Key features
- NEWLY REFURBISHED MANUFACTURING & DISTRIBUTION PREMISES
- YARD SPACE
- HIGH OFFICE CONTENT
- 952.07 SQ M (10,248 SQ FT)
- ASKING RENT £66,750 PAX
Description
LOCATION
The property is located on the established Milland Road Industrial Estate on the outskirts of Neath Town Centre. The property has good access to the A465 Heads of The Valleys Road, with east access to J43 of the M4 Motorway, 2 miles to the south. Prominent occupiers in the vicinity such as Formagrind, Naissance and Neath Gymnastics & Activity Centre.
DESCRIPTION
The property comprises of an end-of-terrace warehouse of steel portal frame with facing brick/block and alloy clad covering. The property consists of a large production area with two storey office accommodation. Eaves height from 4.24 to 7.96m.
• NEW INTERNAL AND EXTERNAL REFURBISHMENT
• FULL ALLOY CLAD ROOF
• MANUFACTURING, DISTRIBUTION & OFFICE SPACE
• HIGH OFFICE CONTENT
RATEABLE VALUE
We have been informed via an online enquiry with the Valuation Office, that the property has a rateable value of £TBC. A new rateable value assessment is needed.
UBR for Wales 2026/27 is 0.502p in the £.
LEASE TERMS
The property is available on a new full repairing and insuring lease.
SERVICE CHARGE AND BUILDING INSURANCE PREMIUM
A service charge will be payable in relation to the joint shared maintenance of the access road. The landlord will continue to insure the building and recover the premium cost from the tenant.
ASKING RENT
£66,750 PAX.
EPC
To be provided.
VAT
All prices are quoted exclusive of VAT. Our client reserves the right to charge VAT on all payments.
LEGAL COSTS
Each party to pay their own legal costs on this transaction.
ANTI MONEY LAUNDERING REGULATIONS
Regulations require checks on all prospective tenants/purchasers. Photo ID plus proof of address is required before a transaction can proceed. AML searches are outsourced to our partner Credas (Certified Digital Identity Verification Service).
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