Description
The subject premises comprises a large three storey retail unit, situated along a prominent position with a return frontage along the primary retail areas of Green Street and Queen Street in Neath town centre.
The main sales area can be accessed directly off the main pedestrianised area to the front via a standards sales display entrance, which benefits from a shop depth of approximately 21.31m. The main sales area is also supported by ancillary storage accommodation to the rear at ground floor level. Ancillary accommodation is also available over the upper floors, which briefly comprises various storage areas, a private office, staff kitchen and w.c. facilities.Location
Neath is a busy South Wales retailing centre situated approximately 35 miles west of Cardiff and 10 miles north-east of Swansea. The M4 Motorway (Junction 43) lies 3 miles to the south via the A474 and A465 dual carriageway.
The property is well located on the pedestrianised Wind Street in the heart of Neath town centre, some 0.3 miles east of Neath Rail Station. Other nearby occupiers close by include British Heart Foundation, Superdrug, Boots Chemists, Holland & Barrett, Vodafone, Greggs and Marks & Spencer.Accommodation Comprises
The subject premises affords the following approximate dimensions and areas:
GROUND FLOOR
Sales: 102.25 sq.m (1,549.26 sq. ft.)
Sales (ITZA): 57.17 sq.m (615.37 sq. ft.)
Shop Depth: 21.31m (69'10")
Net Frontage: 5.19m (17'0")
Ancillary: 9.34 sq.m (100.53 sq. ft.)
comprising store room.
FIRST FLOOR
Net Internal Area: 98.67 sq.m (1,062.08 sq. ft.)
which briefly comprises the following.
Office Room: 2.12m x 2.80m
Staff Kitchen: 2.10m x 2.20m
Ladies and Gents W.C. Facilities
Store 1: 5.37m x 10.28m
Store 2: 5.22m x 9.45m
with stairs to second floor.
SECOND FLOOR
Net Internal Area: 105.22 sq.m (1,132.58 sq. ft.)
Store 3: 5.35m x 12.41m
Store 4: 3.56m x 4.15m
Store 5: 2.65m x 5.20m
Store 6: 2.59m x 3.97mRates
As stated on the Valuation Office Agency (VOA) website the Rateable Value for the subject premises is as follows:
Rateable Value (2023): £20,750
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.
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
All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this proposed transaction.
Terms & Tenure
Our client's interest is available by way of 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: commercial@astleys.net
Green Street, Neath
Per Annum £22,000
Size available
Property size 3,396 sqft
Property Description
The subject premises comprises a large three storey retail unit, situated along a prominent position with a return frontage along the primary retail areas of Green Street and Queen Street in Neath town centre.
The main sales area can be accessed directly off the main pedestrianised area to the front via a standards sales display entrance, which benefits from a shop depth of approximately 21.31m. The main sales area is also supported by ancillary storage accommodation to the rear at ground floor level. Ancillary accommodation is also available over the upper floors, which briefly comprises various storage areas, a private office, staff kitchen and w.c. facilities.