The subject premises comprises a semi-detached, steel portal frame, industrial unit arranged over a single bay, providing designated parking for approximately 2 vehicles with additional roller shutter loading door to the front elevation.
Additional parking are also located to the side elevation for a further 5 vehicles. We further advise that the subject premises also accommodates a small secured yard area to the side elevation for external storage.
Internally, we note that the subject premises accommodate a large workshop area, which has been partitioned in part to accommodate a small office block, arranged over two-storeys to the front.
A small detached storage unit can also be located to the rear, measuring approximately 5.90m x 2.96m
The property is located within Milland Road Industrial Estate, which is considered to be one of the prime industrial locations situated within close proximity to Neath Town Centre and its surrounding catchment area.
The subject premises is also within ease of access to the A465 Heads of the Valleys Road, while M4 Motorway (J43) is approximately 4 miles away in an easterly direction.
Established occupiers within the estate include Hale Homes (Sevenoaks), Naissance, Wolseley and Build Base.
The property provides the following approximate dimensions and areas:
Workshop: 358.57 sq.m (3,859.71 sq. ft.)
Roller Shutter Clearance:
Offices: 69.34 sq.m (746.44 sq. ft.)
Offices: 48.32 sq.m (520.20 sq. ft.)
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2017): £18,500
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 0.563.
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).
Our client’s interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).
The proposed Lease will also be subject to a Service Charge Levy. The Tenant will contribute towards the joint shared maintenance of the external parts of the Estate.
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850