Property details
The subject premises comprises a ground floor retail unit, measuring approximately 169.15 sq.m (1,820.73 sq. ft.), with ancillary accommodation arranged over the first floor.
Description
The subject premises comprises a ground floor retail unit, measuring approximately 169.15 sq.m (1,820.73 sq. ft.), with ancillary accommodation arranged over the first floor.
Location
The property is situated within Neath Town Centre along a pedestrianised street. The premises is located amongst recognised national companies including Marks and Spencer and Savers.
Accommodation Comprises
The property provides the following approximate dimensions and areas:
GROUND FLOOR
Sales Area: 158 sq.m (1,700 sq. ft.)
Shop Depth: 17.38 m (57 ft)
Internal Width: 9.45m (31 ft)
Ancillary: 11.15 sq.m (120 sq.ft)
FIRST FLOOR
Ancillary: 165.52 sq.m (1,780 sq.ft)Rates
As stated on the VOA website the Rateable Value for the subject premises is as follows:
Rateable Value (2017): £31,500
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.
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.ukVAT
We have been informed that VAT is applicable to this transaction. All figures quoted are exclusive of VAT.
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 Joint Agents:
Astleys Chartered Surveyors
Tel: 01792 479 850
Email: commercial@astleys.net
Cooke & Arkwright
Tel: 02920 346 346
Email: huw.thomas@coark.com
