High Street, Neath

Description

The subject premises comprises a large three storey, end of terraced corner building, which benefits from planning permission for the conversion to 1 no. retail unit and 1 no. office unit over the ground floor, together 4 no. self-contained apartments arranged over the upper floors.

The main sales area arranged over the ground floor, which can be accessed directly off the main pedestrian walkway to the front, benefits from a sales depth of approx. 7.49m. Ancillary accommodation is also available to the rear of the main sales area comprising a staff kitchen and w.c. facilities.

The remaining ground floor accommodation will comprise a self-contained office suite, which will be supported by a small kitchenette and w.c. facilities. The office suite will be accessed via the entrance corridor, which will also provide access to the propose residential accommodation along the southern elevation.

An enclosed courtyard is also available to the rear, which can be accessed off the main entrance foyer.

The remaining accommodation arranged over the upper floors will comprise 3 no. one bedroom apartments and 1 no. two bedroom apartment.

Location

The property is situated along the corner of High Street and Old Market Street, within Neath town centre.

Neath affords a population of approximately 45,500, which is a busy retailing centre within South Wales. Neath is situated approximately 35 miles west of Cardiff and 10 miles north-east of Swansea. The M4 Motorway (J43) lies 3 miles to the south via the A474 and A465 dual carriageway.

Accommodation Comprises

The subject premises affords the following approximate dimensions and areas:

GROUND FLOOR

Retail Unit:

Sales Area: 40.48 sq.m (435.72 sq. ft.)

Shop Depth: 7.49m (24’6”)

Internal Width: 4.85m (15’11”)

Sales (ITZA): 36.12 sq.m (388.79 sq. ft.)

Staff Kitchen: 5.23 sq.m (56.29 sq. ft.)

W.C. Facilities

Office Unit:

Office Suite: 29.94 sq.m (322.27 sq. ft.)

FIRST FLOOR

Flat 1 (Proposed Layout):

Gross Internal Area (GIA): 33.59 sq.m (361.56 sq. ft.)

Bedroom: 3.90m x 2.38m

Living Room: 2.59m x 3.30m

Kitchen: 3.29m x 1.90m

Bathroom

Flat 2 (Proposed Layout):

Gross Internal Area (GIA): 45.13 sq.m (485.77 sq. ft.)

Bedroom: 4.39m x 2.20m

Living Room: 4.53m x 2.80m

Kitchen: 4.35m x 2.36m

Bathroom

SECOND FLOOR

Flat 3 (Proposed Layout):

Gross Internal Area (GIA): 35.55 sq.m (382.66 sq. ft.)

Living Room: 3.73m x 3.39m

Kitchen: 3.29m x 1.82m

Bedroom: 2.55m x 5.08m

Bathroom

Flat 4 (Proposed Layout):

Gross Internal Area (GIA): 48.50 sq.m (522.05 sq. ft.)

Living Room: 4.50m x 3.11m

Bedroom 1 (front): 4.70m x 2.16m

Bedroom 2 (rear): 2.90m x 2.92m

Kitchen: 4.48m x 1.97m

Bathroom

Rates

We advise that the Rateable Value of each individual commercial unit has yet to be determined.

The proposed residential accommodation will be rated separately and it is assumed that each self-contained apartment will be rated under Council Tax Band A.

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).

Planning

The subject premises benefits from planning permission for the change of use of the ground floor to 1 no. retail unit and 1 no. office unit, provision of 4 no. flats over the first and second floors, which was granted on 16th October 2019 (Ref: P2019/5235).

Terms and Tenure

We advise that the Freehold interest is available for sale, to be sold with vacant possession.

Viewing

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net