The subject premises comprises a two storey commercial unit of approximately 264.60 sq.m (2,848 sq. ft.) currently trading as Bargain Booze convenience store over the ground floor while the first floor is occupied for use as a sunbed centre.
The premises affords a return frontage along a busy main road location within Skewen and ideally located for its intended use as a convenience store. The first floor has the opportunity for conversion to alternative uses (subject to the necessary statutory consents).
The premises is situated along New Road, which is considered to be the main retail location within Skewen, which is a popular village approximately 2 miles to the west of Neath town centre.
Skewen affords good lines of communication via the main A465, A4230 and the M4 Motorway (J44), which is 1 mile from the subject premises.
The premises is situated along a prominent corner position and is ideally located for its intended use.
The property provides the following approximate dimensions and areas:
Sales Area: 160.02 (1,722 sq. ft.)
Masked heavily to the rear, comprising staff kitchen and w.c facilities.
Gross Frontage: 8.66m (28’5″)
Shop Depth: 15.99m (52’5″)
104.58 sq.m (1,125 sq. ft.)
Comprising a total of seven tanning booths, customer w.c facilities, a spray room and treatment room. The first floor can be accessed independently off the ground floor entrance foyer and corridor to the front elevation.
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2017): £8,800
Wales UBR (2017/18): 49.9
Rates relief for small businesses in Wales will apply up to 31st March 2018. Rates relief for small business with a rateable value up to £6000 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
All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (where applicable).
The subject premises is available Freehold with the option of being acquired as a going concern – price on application.
By appointment with Joint Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Contact: Sean Thomas BSc (Hons) MRICS
RDT Chartered Surveyors
Tel: 07979 757 610
Contact: Richard Thomas BSc (Hons) MRICS