Retail premises for sale

Location

The premises is located on the corner of Windsor Road and Ropewalk Terrace, close to Neath Town Centre and Neath railway station. Good communications are provided to J43 of the M4 motorway, via the A485 Heads of the Valley road, dual carriageway.

Description

An end of terrace and terrace three storey properties. The development comprises of three retail units to the ground floor, first and second floor residential redevelopment opportunity and a large rear car park, accessed off Ropewalk Terrace.

Accommodation

No. 40 Sq M Sq Ft
gf Retail 74.14 798
gf Store 3.81 41
First Floor 44.77 482
Second Floor 30.30 326
Basement 23.30 251
Total 176.32 1,898

No. 42 Sq M Sq Ft
gf Retail 61.59 663
gf Store 38.30 412
gf Office 60.60 652
First Floor 239.00 2,573
Second Floor 30.00 323
Total 429.49 4,623TENURE
Freehold

Price

Offers in the region of £375,000

Tenancies

Ground floor lock up shop of No.40 let to hairdressers on informal basis, details on request.

Rateable value

Part First Floor No. 42 £5,400
Ground Floor No. 42 £9,200
No. 40 £6,400
For business rating information visit the Valuation Office Agency at

Planning

Planning approval to develop the first and second floors for the provision of seven self-contained residential flats. Planning dated 31st March 2016, parties to check whether it has lapsed, although work has commenced on site. Ref: P2015/0380

EPC

New EPC’s will be needed on completion of the development.

Current EPC’s are:

No 40: Band D 86 crn: No 42: Band D 95 crn: VAT
All prices, premiums and rents are quoted exclusive of VAT.

Legal costs

Each Party responsible for their own costs