Retail premises for sale

Location

The property is located on Neath Road, Briton Ferry, close to the A48 roundabout. J41 and 42 of the M4 motorway are within 2 miles of the premises.

Prominent occupiers in the immediate vicinity include McDonalds, Swansea Motor Vehicle Auctions, cots Training, Tesco Express and Jenkins Bakers.

Description

A prominent three storey building, which use to be a Lloyds Bank. The property comprises of a ground floor kitchen showroom, with basement accommodation and one first floor office. A separate entrance is provided to the two upper floors, which is let out as individual offices.

Accommodation

Ground Floor Showroom 115.20 sq M 1,240 sq ft
First Floor - 4 Offices & Kitchen 73.83 sq M 796 sq ft
Second Floor - 3 Offices & Store 52.59 sq M 566 sq ft
Total: 241.73 sq M 2,602 sq ft

Small multiple individual rating assessments are provided with the property.
Please make enquiries with the valuation office website.

Tenure

We have been informed the property is held Freehold.

Price

Offers in the region of £295,000

EPC
tbc

VAT

We have been initially informed VAT will not be payable on the purchase price.

Legal costs

Each party to pay their own legal costs on this transaction.

Tenancies

The ground floor is let on an informal monthly tenant currently producing an all inclusive rent of £850 per month.

3X of the rooms are leased on the upper floors. Income available on request.