Retail premises to let in The Ropewalk, Neath SA11

The subject property comprises a two storey retail unit, which was previously occupied for use as a hair salon (A1 Use Class).

The main sales area over the ground floor, which can be accessed via a prominent sales display entrance window, benefits from an internal width of approximately 6.61m. Ancillary accommodation, located to the rear of the main sales area comprises a staff kitchen area and customer w.c. Facilities. Additional staff kitchen and w.c. Facilities are also located within the rear addition, which can be accessed independently along the side elevation via an external entrance foyer or alternatively over the internal landing area off the main sales area (subject to reinstating the internal doorway).

An additional sales accommodation/ ancillary office is also located over the first floor, which can be accessed internally off the ground floor sales area.

We therefore advise that the subject premises has the potential to be sub-divided or possibly sub-let to comprise two self-contained commercial units arranged over each floor.

Description

The subject property comprises a two storey retail unit, which was previously occupied for use as a hair salon (A1 Use Class).

The main sales area over the ground floor, which can be accessed via a prominent sales display entrance window, benefits from an internal width of approximately 6.61m. Ancillary accommodation, located to the rear of the main sales area comprises a staff kitchen area and customer w.c. Facilities. Additional staff kitchen and w.c. Facilities are also located within the rear addition, which can be accessed independently along the side elevation via an external entrance foyer or alternatively over the internal landing area off the main sales area (subject to reinstating the internal doorway).

An additional sales accommodation/ ancillary office is also located over the first floor, which can be accessed internally off the ground floor sales area.

We therefore advise that the subject premises has the potential to be sub-divided or possibly sub-let to comprise two self-contained commercial units arranged over each floor.

Location

The property is situated centrally within Neath Town Centre, situated directly off the main highway to the front over The Ropewalk, which is within the immediate proximity to one of the main thoroughfares that links the Town Centre to its surrounds (London Road).

Neath is a popular densely populated location within ease of access to the M4 Motorway (J43) and the main A465.

Neath Town Centre is situated approximately 8 miles east of Swansea City Centre and approximately 35 miles west of Cardiff City Centre.

Accommodation

The subject premises affords the following approximate dimensions and areas:

Ground floor

Net Internal Area: 32.61 sq.m (351.01 sq. Ft.)

Sales Area: 25.33 sq.m (271.57 sq. Ft.)

Shop Depth: 3.86m (12’8”)

Internal Width: 6.61m (21’8”)

Ancillary: 7.38 sq.m (79.43 sq. Ft.)

Staff Kitchen (off Sales Area): 1.57m x 2.89m
with access to rear courtyard

Customer W.C. Facilities

Staff Kitchen (off Extension): 1.56m x 2.91m
with access to rear courtyard

W.C. Facilities

First floor

Net Internal Area: 25.45 sq.m (274.02 sq. Ft.)

Ancillary Sales/ Office: 7.88m x 3.81m

Rates

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

Rateable Value (2023): £3,200

Rates relief for small businesses in Wales will apply up to 31st March 2021. Rates relief for small business with a rateable value up to £6,000 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 therefore advise that the subject premises is eligible for 100% small business rates relief (subject to satisfying the necessary criteria).

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

Please be advised that all figures quoted are exclusive of VAT (if applicable).

Terms And Tenure

The premises is available on a new effective full repairing and insuring occupational lease (under terms to be negotiated).

Please be advised that the Tenant will be responsible for the Landlord’s legal fees. The amount will be confirmed prior to instruction of solicitors.

Viewing

By appointment with Sole Agents:

Astleys Chartered Surveyors
Tel: Email: