Prince Street Garage, Prince Street, Port Talbot, West Glamorgan

£125,000 Offers in the region of

Freehold

The subject premises comprises a fully operating MOT Centre accommodating a detached workshop situated within an open compound, providing designated parking for approximately 10-12 vehicles.

Internally, the subject premises is fitted and equipped for its intended use, comprising a four post car lift and ramp, a car brake split roller bed with tester and wheel alignment system, etc. Please be advised that a detailed inventory is available on request.

The subject premises is located within an established catchment area within the suburb of Margam, which is a popular community within Port Talbot, less than 2 miles south of Port Talbot town centre.

The subject premises also provides good lines of communication via the main A48 the A4241, while the M4 Motorway (J40) is approximately 1 mile away in a northerly direction.

We therefore advise that the subject premises is ideally located for its existing use as a MOT centre.

The property provides the following approximate dimensions and areas:

GROUND FLOOR

Workshop: 126.98 sq.m (1,366.88 sq. ft.)
with 2 no. roller shutters to both front and side elevations. Partitioned in part to accommodate additional office room and w.c. facilities.

Shutter Clearance: 2.42m (7’11”)
Eaves: 2.42m (7’11”)
Apex: 4.15m (13’7″)

EXTERNALLY

The subject premises is situated within an open compound measuring approximately 455.05 sq.m (4,898.15 sq. ft.) in total, which is laid with a mixture of concrete and tarmac, providing designated parking for approximately 10-12 vehicles.

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

Rateable Value (2017): £3,450

From April 2018 the Welsh Government will set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2019-20 the multiplier will be 0.526.

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.

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

The subject premises is available Freehold with vacant possession.

By appointment with Sole Agents:

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