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Offers in region of£229,500
Added > 14 days

Mixed use for sale

High Street, Neath
Save
Mixed use
0 bed
0 bath
2,686 sq ft / 250 sq m

Property description & features

  • Tenure: Freehold
  • 2 no. self contained ground floor commercial units with permission for retail/ office use (a1/ a2 use class)
  • Planning granted for 4 no. self contained residential apartments arranged over the upper floors (ref: p2019/5235)
  • Currently under refurbishment with works partly completed to first fix
  • 249.55 sq.m (2,686.15 sq. ft.) arranged over three floors
  • Prominent corner position within neath town centre
The subject premises comprises a large three storey, end of terraced corner building, which benefits from planning permission for the conversion to 1 no. retail unit and 1 no. office unit over the ground floor, together 4 no. self-contained apartments arranged over the upper floors.

The main sales area arranged over the ground floor, which can be accessed directly off the main pedestrian walkway to the front, benefits from a sales depth of approx. 7.49m. Ancillary accommodation is also available to the rear of the main sales area comprising a staff kitchen and w.c. facilities.

The remaining ground floor accommodation will comprise a self-contained office suite, which will be supported by a small kitchenette and w.c. facilities. The office suite will be accessed via the entrance corridor, which will also provide access to the propose residential accommodation along the southern elevation.

An enclosed courtyard is also available to the rear, which can be accessed off the main entrance foyer.

The remaining accommodation arranged over the upper floors will comprise 3 no. one bedroom apartments and 1 no. two bedroom apartment.

Description - The subject premises comprises a large three storey, end of terraced corner building, which benefits from planning permission for the conversion to 1 no. retail unit and 1 no. office unit over the ground floor, together 4 no. self-contained apartments arranged over the upper floors.

The main sales area arranged over the ground floor, which can be accessed directly off the main pedestrian walkway to the front, benefits from a sales depth of approx. 7.49m. Ancillary accommodation is also available to the rear of the main sales area comprising a staff kitchen and w.c. facilities.

The remaining ground floor accommodation will comprise a self-contained office suite, which will be supported by a small kitchenette and w.c. facilities. The office suite will be accessed via the entrance corridor, which will also provide access to the propose residential accommodation along the southern elevation.

An enclosed courtyard is also available to the rear, which can be accessed off the main entrance foyer.

The remaining accommodation arranged over the upper floors will comprise 3 no. one bedroom apartments and 1 no. two bedroom apartment.

Location - The property is situated along the corner of High Street and Old Market Street, within Neath town centre.

Neath affords a population of approximately 45,500, which is a busy retailing centre within South Wales. Neath is situated approximately 35 miles west of Cardiff and 10 miles north-east of Swansea. The M4 Motorway (J43) lies 3 miles to the south via the A474 and A465 dual carriageway.

Accommodation - The subject premises affords the following approximate dimensions and areas:

GROUND FLOOR

Retail Unit:

Sales Area: 40.48 sq.m (435.72 sq. ft.)

Shop Depth: 7.49m (24’6”)

Internal Width: 4.85m (15’11”)

Sales (ITZA): 36.12 sq.m (388.79 sq. ft.)

Staff Kitchen: 5.23 sq.m (56.29 sq. ft.)

W.C. Facilities

Office Unit:

Office Suite: 29.94 sq.m (322.27 sq. ft.)

FIRST FLOOR

Flat 1 (Proposed Layout):

Gross Internal Area (GIA): 33.59 sq.m (361.56 sq. ft.)

Bedroom: 3.90m x 2.38m

Living Room: 2.59m x 3.30m

Kitchen: 3.29m x 1.90m

Bathroom

Flat 2 (Proposed Layout):

Gross Internal Area (GIA): 45.13 sq.m (485.77 sq. ft.)

Bedroom: 4.39m x 2.20m

Living Room: 4.53m x 2.80m

Kitchen: 4.35m x 2.36m

Bathroom

SECOND FLOOR

Flat 3 (Proposed Layout):

Gross Internal Area (GIA): 35.55 sq.m (382.66 sq. ft.)

Living Room: 3.73m x 3.39m

Kitchen: 3.29m x 1.82m

Bedroom: 2.55m x 5.08m

Bathroom

Flat 4 (Proposed Layout):

Gross Internal Area (GIA): 48.50 sq.m (522.05 sq. ft.)

Living Room: 4.50m x 3.11m

Bedroom 1 (front): 4.70m x 2.16m

Bedroom 2 (rear): 2.90m x 2.92m

Kitchen: 4.48m x 1.97m

Bathroom

Rates - We advise that the Rateable Value of each individual commercial unit has yet to be determined.

The proposed residential accommodation will be rated separately and it is assumed that each self-contained apartment will be rated under Council Tax Band A.

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).

Planning - The subject premises benefits from planning permission for the change of use of the ground floor to 1 no. retail unit and 1 no. office unit, provision of 4 no. flats over the first and second floors, which was granted on 16th October 2019 (Ref: P2019/5235).

Terms And Tenure - We advise that the Freehold interest is available for sale, to be sold with vacant possession.

Viewing - By appointment with Sole Agents:

Astleys Chartered Surveyors
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    Astleys is a member of the Royal Institution of Chartered Surveyors (RICS) and is one of South West Wales’ leading firms of Chartered Surveyors, Auctioneers and Estate Agents. The firm has been established since 1863, which is run by a group of esteemed chartered surveyors with over 158 years of experience. We offer sound and professional advise covering all aspect of commercial property such as Agency, Acquisitions, Valuations, Rating, Rent Reviews, Dilapidations, Business Transfers and Licenced Trade. Astleys actively covers the commercial property market throughout South and  West Wales including areas such as Swansea, Neath, Port Talbot, Llanelli,  Bridgend, Ammanford, Carmarthenshire and Pembrokeshire.

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