Talbot Street, Maesteg

Description

The subject property comprises a substantial size, double fronted, mid terraced retail/ office unit, which was previously occupied for use as a banking premises.

We note that the subject property is currently arranged over three floors comprising the main banking hall over the ground floor, which has been extended significantly to the rear. The remaining accommodation arranged over the upper floors, which can be accessed internally at ground floor level to the rear of the main sales area, comprises various size office rooms.

The ground floor can be accessed off the standard sales display window unit, leading to a slightly elevated sales area via an access ramp and a number of internal steps to the front.

Additional parking is also available in the form of various designated parking spaces (approximately 4), located within the secure yard area/ compound directly to the rear of the unit, off Llynfi Road to the west.

Location

Maesteg is situated at the northernmost end of the Llynfi Valley, close to the border of Neath Port Talbot.

The town is approximately 7 miles west of Port Talbot, 9 miles north of Bridgend and 27 miles north-east of Cardiff.

The property itself is located within the heart of the town and occupies a prominent position on Talbot Street where there is a good range of local and national occupiers. Major retailers within the immediate local vicinity include Card Factory, Greggs, Specsavers and New Look.

Accommodation Comprises

The subject property affords the following approximate dimensions and areas:

GROUND FLOOR

Net Internal Area: 281.82 sq.m (3,033.51 sq. ft.)

Sales Area: 228.34 sq.m (2,457.85 sq. ft.)

Shop Depth: 21.59m (70'10”)

Internal Width: 13.94m (45'9”)

Ancillary: 53.48 sq.m (575.65 sq. ft.)
briefly comprising the following.

Office Room 1: 3.37m x 3.0m

Office Room 2: 3.62m x 4.71m

Strong Room: 3.66m x 5.50m

Store Room: 1.96m x 3.16m

FIRST FLOOR

Net Internal Area: 145.41 sq.m (1,565.19 sq. ft.)

Offices: 135.48 sq.m (1,458.30 sq. ft.)
briefly comprising various size office rooms as follows.

Office 1 (L-Shaped): 7.21m x 7.45m

Office 2: 7.06m x 5.20m
with door to.

Office 3: 7.06m x 4.44m

Office 4: 3.71m x 3.16m

Storage: 12.47 sq.m (134.22 sq. ft.)
comprising two storage rooms.

Kitchen: 9.18 sq.m (98.81 sq. ft.)

Ladies and Gents W.C.Facilities

SECOND FLOOR

Net Internal Area: 114.02 sq.m (1,227.36 sq. ft.)

Office: 106.18 sq.m (1,142.92 sq. ft.)
comprising an open plan office area with gross measurements of 14.43m x 8.80m.

Plant Room/ Store: 7.84 sq.m (84.38 sq. ft.)

Rates

As stated on the VOA website the Rateable Value for the subject premises is as follows:

Rateable Value (2017): £30,750

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2021/22 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 transaction (where applicable).

Terms & Tenure

The subject premises is available Freehold, with vacant possession.

Viewing

By appointment with Sole Agents:

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