Retail

Angel Street, Neath

Per Annum
£9,250
  • 571 sqft

Property details

The premises comprises a two storey retail unit situated within a prime retail location along the pedestrianized area within Neath town centre.

The property accommodates a ground floor sales area with ancillary accommodation, together with staff w.c. facilities over first floor.

  • Description

    The premises comprises a two storey retail unit situated within a prime retail location along the pedestrianized area within Neath town centre.

    The property accommodates a ground floor sales area with ancillary accommodation, together with staff w.c. facilities over first floor.

  • Location

    The subject premises is situated along Angel Street within Neath town centre. Angel Street is situated within a busy town centre location, whereby the subject premises is situated within a short walking distance to Morrisons Supermarket car parking, which affords a busy footfall.

    Neath is an established business location and retail centre, which accommodates a number of national retailers. Occupiers within the immediate vicinity include Cash Generator, RSPCA, Ramsdens and Morrisons Supermarket, which is located approximately 50 metres to the west.

  • Accommodation Comprises

    The property provides the following approximate dimensions and areas:

    GROUND FLOOR:

    Sales Area: 34.45 sq. m (370.88 sq. ft.)

    Shop Depth: 8.52m (27’11”)
    Internal Width: 4.57m (15’0?)
    Net Frontage: 4.23m (13’10”)

    FIRST FLOOR:

    Ancillary: 18.62 sq. m (200.42 sq. ft)

    Staff Kitchen/ Store: 4.86m x 5.06m
    with sink drainer

    W.C. Facilities

  • Rates

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

    Rateable Value (2017): £7,200

    From April 2018 the Welsh Government 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 (if 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

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  • Interested in this property?

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