Alfred Street, Neath

£8,000 Per annum

Description

Two storey office accommodation situated within one of the main professional sectors within Neath town centre.

The premises comprises ground floor retail/ office accommodation within additional staff kitchen to the rear plus further ancillary storage/ offices and w.c facilities over first floor

Location

The property is located within Neath Town Centre along the periphery of the primary retail area within the town.

The property is situated along Alfred Street, which is a recognised office location that occupies a number of Estate Agents, Accountants and Solicitors.

Accommodation

The property provides the following approximate dimensions and areas:

Net Internal Area: 85.15 sq m (916 sq ft)

GROUND FLOOR:

Sales 28.17 sq m (303 sq ft)

Office/ Store 19.35 sq m (208 sq ft)

Kitchen: 3.36 sq m (36 sq ft)

FIRST FLOOR:

Offices 34.37 sq m (369 sq ft)

W.C. Facilities

SECOND FLOOR/ ATTIC:

Store 9.22 sq m (99 sq ft)

Rates

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

Rateable Value (2017): £5,400

From April 2018 the Welsh Government will set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2020-21 the multiplier will be 0.535.

Rates relief for small businesses in Wales will apply up to 31st March 2020. 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.

Vat

All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (where applicable).

Terms & tenure

Our client's interest is available by the 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