Retail premises to let in Green Street, Neath SA11

The subject premises comprises a large three storey retail unit, situated along a prominent position with a return frontage along the primary retail areas of Green Street and Queen Street in Neath town centre.

The main sales area can be accessed directly off the main pedestrianised area to the front via a standards sales display entrance, which benefits from a shop depth of approximately 21.31m. The main sales area is also supported by ancillary storage accommodation to the rear at ground floor level. Ancillary accommodation is also available over the upper floors, which briefly comprises various storage areas, a private office, staff kitchen and w.c. Facilities.

Description

The subject premises comprises a large three storey retail unit, situated along a prominent position with a return frontage along the primary retail areas of Green Street and Queen Street in Neath town centre.

The main sales area can be accessed directly off the main pedestrianised area to the front via a standards sales display entrance, which benefits from a shop depth of approximately 21.31m. The main sales area is also supported by ancillary storage accommodation to the rear at ground floor level. Ancillary accommodation is also available over the upper floors, which briefly comprises various storage areas, a private office, staff kitchen and w.c. Facilities.

Location

Neath is a busy South Wales retailing centre situated approximately 35 miles west of Cardiff and 10 miles north-east of Swansea. The M4 Motorway (Junction 43) lies 3 miles to the south via the A474 and A465 dual carriageway.

The property is well located on the pedestrianised Wind Street in the heart of Neath town centre, some 0.3 miles east of Neath Rail Station. Other nearby occupiers close by include British Heart Foundation, Superdrug, Boots Chemists, Holland & Barrett, Vodafone, Greggs and Marks & Spencer.

Accommodation

The subject premises affords the following approximate dimensions and areas:

Ground floor

Sales: 102.25 sq.m (1,549.26 sq. Ft.)

Sales (itza): 57.17 sq.m (615.37 sq. Ft.)

Shop Depth: 21.31m (69'10")

Net Frontage: 5.19m (17'0")

Ancillary: 9.34 sq.m (100.53 sq. Ft.)
comprising store room.

First floor

Net Internal Area: 98.67 sq.m (1,062.08 sq. Ft.)
which briefly comprises the following.

Office Room: 2.12m x 2.80m

Staff Kitchen: 2.10m x 2.20m

Ladies and Gents W.C. Facilities

Store 1: 5.37m x 10.28m

Store 2: 5.22m x 9.45m
with stairs to second floor.

Second floor

Net Internal Area: 105.22 sq.m (1,132.58 sq. Ft.)

Store 3: 5.35m x 12.41m

Store 4: 3.56m x 4.15m

Store 5: 2.65m x 5.20m

Store 6: 2.59m x 3.97m

Rates

As stated on the Valuation Office Agency (voa) website the Rateable Value for the subject premises is as follows:

Rateable Value (2023): £20,750

From April 2018 the Welsh Government set the multiplier according to the Consumer Price Index (cpi) and for the financial year 2023-24 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 .

Vat

All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this proposed transaction.

Terms & Tenure

Our client's interest is available by 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: Email: